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
Age of householder
Per the latest American Community Survey by the Census Bureau, Worthington sees its highest median household income among householders in the age group of 45 to 64 years old, at $39,183. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Worthington only reports a median household income of $39,183 among householders in the 45 to 64 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated the smallest decline of $30,554(43.81%), declining from a median of $69,737 in 2011 to $39,183 in 2021.
- 6(10.91%) households where the householder is under 25 years old.
- 5(9.09%) households with a householder aged between 25 and 44 years.
- 30(54.55%) households with a householder aged between 45 and 64 years.
- 14(25.45%) households where the householder is over 65 years old.
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Gender
In Worthington, the population consists of 41 males (39.05%) and 64 females (60.95%). Here are the primary highlights from the gender-based income distribution analysis:
- In Worthington, the median income for all workers aged 15 years and older, regardless of work hours, was $28,644 for males and $12,160 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the Census reported a median income of $19,517 for females, while data for males was unavailable due to an insufficient number of sample observations.
- In Worthington, the median income for all workers aged 15 years and older, regardless of work hours, was $28,644 for males and $12,160 for females.
- In Worthington, for full-time, year-round workers aged 15 years and older, the Census reported a median income of $19,517 for females, while data for males was unavailable due to an insufficient number of sample observations.
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Year by year
Worthington, WV median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Worthington decreased by $23,464 (47.97%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 4 years and declined for 7 years.
- The most significant year-by-year growth occured from 2012 to 2013, when the median household income increased by 21,897 (from $28,177 to $50,074). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 14,042 (from $48,911 to $34,869).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.35, it is evident that income distribution in Worthington, WV exihibits characterstics of moderate equality .
- 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)