Warwick, RI median household income diversity
Based on our analysis of the distribution of Warwick population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 88.76% of the total residents in Warwick. Notably, the median household income for White households is $77,541.
Interestingly, despite the White population being the most populous, it is worth noting that Black or African American households actually reports the highest median household income, with a median income of $115,135. This reveals that, while Whites may be the most numerous in Warwick, Black or African American households experience greater economic prosperity in terms of median household income.
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.
In Warwick, a diversity of median household incomes is evident among households of different races. The Black or African American households boast the highest median household income at about $115,135. Some Other Race households have a median income of approximately $97,753. White households have a median income of approximately $77,541. Conversely, Asian households reveal the lowest median income at $62,299. These disparities underscore the varied income distribution within the city of Warwick.
Warwick, RI median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Warwick, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the city of Warwick.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Warwick, the median household income for the households where the householder is White decreased by $502(0.64%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $78,043 in 2012 and $77,541 in 2022.
- Black or African American: In Warwick, there was no reported median household income for Black or African American households in 2012. However, in 2022, the median household income increased to $115,135, marking a significant change.
- American Indian and Alaska Native: Even though there is a population where the householder is American Indian and Alaska Native, there was no median household income reported by the U.S. Census Bureau for both 2012 and 2022.
- Asian: In Warwick, the median household income for the households where the householder is Asian decreased by $35,563(36.34%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $97,862 in 2012 and $62,299 in 2022.
- 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 2012 and 2022.
- Some other race: In Warwick, the median household income for the households where the householder is Some other race increased by $23,480(31.61%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $74,273 in 2012 and $97,753 in 2022.
- Two or more races (multiracial): Even though there is a population where the householder is multiracial, there was no median household income reported by the U.S. Census Bureau for both 2012 and 2022.
- Above analysis reconfirms that there are 4 race households in Warwick. Households are categorized based on the self-identified race of the head of household.
Warwick median household income by race betwen 2012 and 2022
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 2012 to 2022, 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| White | $70,812 | $79,609 | $78,043 | $87,338 | $81,435 | $90,983 | $70,379 | $89,393 | $75,030 | $84,923 | N/A | $76,230 | $77,541 |
| Black or African American | $42,552 | N/A | N/A | N/A | N/A | $100,319 | $76,255 | $78,117 | N/A | $155,808 | N/A | $86,632 | $115,135 |
| Asian | $41,523 | $85,976 | $97,862 | $128,622 | $124,156 | $67,706 | $156,487 | $143,759 | $82,996 | $156,292 | N/A | $89,344 | $62,299 |
| Some Other Race | N/A | $63,716 | $74,273 | $45,448 | N/A | $117,855 | N/A | N/A | N/A | N/A | N/A | $17,925 | $97,753 |
| Two or More Races | N/A | $79,097 | N/A | N/A | N/A | $148,954 | N/A | $109,610 | N/A | $94,053 | N/A | $95,697 | N/A |
Key observations: Households with Black or African American householders witnessed significant growth in median household income, marking an impressive increase of $115,135. On the other hand, households where householder is Asian experienced a notable decline, with a decrease of $35,563 in median income.