Median Household Income by Racial Categories in Venango County, PA , in 2023 inflation-adjusted dollars
This table presents the median household income across different racial categories in Venango County, based on the latest 5-Year estimates from the American Community Survey , when adjusted for the inflation.
| Race Of The Head Of Household | Median Household Income |
|---|---|
| White | $62,154 |
| Asian | $31,250 |
| Some Other Race | $56,609 |
| Two or More Races | $47,500 |
TABLE OF CONTENTS
Venango County, PA median household income diversity
Based on our analysis of the distribution of Venango County population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 94.24% of the total residents in Venango County. Notably, the median household income for White households is $62,154.
Interestingly, White is both the largest group and the one with the highest median household income, which stands at $62,154.
For a better visual representation of these income disparities, take a look at the bar chart below. It illustrates the varying median household incomes across races, providing a clear comparison for each of the racial categories defined by the U.S. Census Bureau. All incomes have been adjusted for 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).
In Venango County, a diversity of median household incomes is evident among households of different races. The White households boast the highest median household income at about $62,154. Some Other Race households have a median income of approximately $56,609. Two or More Races households have a median income of approximately $47,500. Conversly, Asian households reveal the lowest median income at $31,250. These disparities underscore the varied income distribution within the county of Venango County.
Venango County, PA median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Venango County, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the county of Venango County.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Venango County, the median household income for the households where the householder is White increased by $6,466(11.61%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $55,688 in 2013 and $62,154 in 2023.
- Black or African American: In Venango County, the median household income for Black or African American households was $34,486 in 2013(2023 inflation-adjusted dollars). However there is no reported data for 2023, indicating a lack of information for this specific year.
- American Indian and Alaska Native: In Venango County, the median household income for American Indian and Alaska Native households was $38,318 in 2013(2023 inflation-adjusted dollars). However there is no reported data for 2023, indicating a lack of information for this specific year.
- Asian: In Venango County, the median household income for the households where the householder is Asian decreased by $3,834(10.93%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $35,084 in 2013 and $31,250 in 2023.
- Native Hawaiian and Other Pacific Islander: Even though there is a population where the householder is Native Hawaiian and Other Pacific Islander, there was no median household income reported by the U.S. Census Bureau for both 2013 and 2023.
- Some other race: In Venango County, there was no reported median household income for Some other race households in 2013. However, in 2023, the median household income increased to $56,609, marking a significant change.
- Two or more races (multiracial): In Venango County, the median household income for the households where the householder is multiracial increased by $15,442(48.17%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $32,058 in 2013 and $47,500 in 2023.
- Above analysis reconfirms that there are 4 race households in Venango County. Households are categorized based on the self-identified race of the head of household.
Venango County median household income by race betwen 2013 and 2023
Explore the evolution of median household incomes over the past decade across various racial categories identified by the U.S. Census Bureau. This table showcases the annual income trends, from 2013 to 2023, providing insights into the economic shifts within diverse racial communities.
| Race Of The Head Of Household | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| White | $56,345 | $56,210 | $56,225 | $55,688 | $56,561 | $56,924 | $56,459 | $58,330 | $58,649 | $59,937 | $60,847 | $63,118 | $62,028 | $62,154 |
| Black or African American | $47,675 | $28,187 | $31,674 | $34,486 | $59,765 | $29,562 | $25,869 | $29,393 | N/A | N/A | N/A | N/A | N/A | N/A |
| American Indian and Alaska Native | $44,607 | N/A | $39,175 | $38,318 | $37,151 | $36,764 | $38,206 | N/A | N/A | $25,406 | $27,530 | $29,075 | $29,936 | N/A |
| Asian | $63,914 | $15,626 | $30,007 | $35,084 | $34,959 | $39,160 | $71,039 | $70,404 | N/A | N/A | $187,623 | N/A | N/A | $31,250 |
| Native Hawaiian and Other Pacific Islander | $3,511 | N/A | $3,333 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Some Other Race | N/A | N/A | N/A | N/A | $8,884 | N/A | $30,246 | $30,396 | N/A | N/A | N/A | N/A | $62,931 | $56,609 |
| Two or More Races | $15,862 | N/A | $34,056 | $32,058 | $31,392 | $32,634 | $33,512 | $33,073 | $32,784 | $39,006 | $36,942 | $43,986 | $43,657 | $47,500 |
Things to know
Which racial group has the highest median household income according to the Census Bureau in Venango County, PA?
Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2019-2023 5-Year Estimates, households with White householders in Venango County have the highest median household income at $62,154.
How does the median household income vary by race in Venango County, PA?
In Venango County, the median household income In Venango County, a diversity of median household incomes is evident among households of different races. The White households boast the highest median household income at about $62,154. Some Other Race households have a median income of approximately $56,609. Two or More Races households have a median income of approximately $47,500. Conversly, Asian households reveal the lowest median income at $31,250. These disparities underscore the varied income distribution within the county of Venango County..
Which racial group has the lowest median household income according to the Census Bureau in Venango County, PA?
Of the racial categories outlined by the U.S. Census Bureau and the American Community Survey 2019-2023 5-Year Estimates, households headed by individuals identifying as Asian in Venango County exhibit the lowest median household income at $31,250 among the identified racial categories.
What is the median household income for White households in Venango County, PA?
In Venango County, the median household income for the households where the householder is White increased by $6,466(11.61%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $55,688 in 2013 and $62,154 in 2023.
What is the median household income for Black or African American households in Venango County, PA?
In Venango County, the median household income for Black or African American households was $34,486 in 2013(2023 inflation-adjusted dollars). However there is no reported data for 2023, indicating a lack of information for this specific year.
References
- U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)
