All incomes in 2022 inflation-adjusted dollars using R-CPI-U-RS. Sources: U.S. Census Bureau, American Community Survey (ACS) 2017-2021 5-Year Estimates
TABLE OF CONTENTS
Gender
In Worthington Springs, the population consists of 110 males (47.21%) and 123 females (52.79%). Here are the primary highlights from the gender-based income distribution analysis:
- In Worthington Springs, the median income for all workers aged 15 years and older, regardless of work hours, was $44,588 for males and $23,729 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $50,957 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Worthington Springs, the median income for all workers aged 15 years and older, regardless of work hours, was $44,588 for males and $23,729 for females.
- In Worthington Springs, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $50,957 for males, while data for females was unavailable due to an insufficient number of sample observations.
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Race
In Worthington Springs, the population is predominantly White, constituting 65.67% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for White households is $50,836.
- In Worthington Springs, White is both the largest group and the one with the highest median household income, which stands at $50,836.
- In Worthington Springs, the median household income for the households where the householder is White decreased by $7,071(12.21%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $57,907 in 2011 and $50,836 in 2021.
- Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
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Year by year
Worthington Springs, FL median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Worthington Springs increased by $744 (1.52%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 5 years and declined for 6 years.
- The most significant year-by-year growth occured from 2010 to 2011, when the median household income increased by 8,996 (from $48,911 to $57,907). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 15,853 (from $56,520 to $40,667).
- NA
- With a Gini coefficient of 0.4589, it is evident that income distribution in Worthington Springs, FL exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $44,781.
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References
- U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)