Median Household Income by Racial Categories in Watterson Park, KY , in 2023 inflation-adjusted dollars
This table presents the median household income across different racial categories in Watterson Park, 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 | $26,563 |
| Black or African American | $57,813 |
| Two or More Races | $45,375 |
TABLE OF CONTENTS
Watterson Park, KY median household income diversity
Based on our analysis of the distribution of Watterson Park population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 55.16% of the total residents in Watterson Park. Notably, the median household income for White households is $26,563.
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 $57,813. This reveals that, while Whites may be the most numerous in Watterson Park, 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. All incomes have been adjusted for 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).
As we explore median household incomes in Watterson Park, we observe that Black or African American households report a median income of about $57,813, Two or More Races households report a median income of about $45,375 and White households earn roughly $26,563. These differences shed light on the income distribution within the city of Watterson Park.
Watterson Park, KY median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Watterson Park, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the city of Watterson Park.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Watterson Park, the median household income for the households where the householder is White decreased by $11,892(30.92%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $38,455 in 2013 and $26,563 in 2023.
- Black or African American: In Watterson Park, the median household income for the households where the householder is Black or African American increased by $43,991(318.27%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $13,822 in 2013 and $57,813 in 2023.
- 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 2013 and 2023.
- Asian: In Watterson Park, based on U.S. Census Bureau population data, households with Asian householders are non existent. Therefore, the median household income for the Asian population cannot be determined.
- Native Hawaiian and Other Pacific Islander: According to the U.S. Census Bureau population data for Watterson Park, there are no households with Native Hawaiian and Other Pacific Islander householders. Consequently, the median household income for the Native Hawaiian and Other Pacific Islander population is not available.
- Some other race: According to U.S. Census Bureau population data for Watterson Park, Some other race-led households are absent, rendering the median household income for the Some other race population inconclusive.
- Two or more races (multiracial): In Watterson Park, there was no reported median household income for multiracial households in 2013. However, in 2023, the median household income increased to $45,375, marking a significant change.
- Above analysis reconfirms that there are 3 race households in Watterson Park. Households are categorized based on the self-identified race of the head of household.
Watterson Park 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 | $36,603 | $34,294 | $35,529 | $38,455 | $37,713 | $42,204 | $43,735 | $45,204 | $48,786 | $49,929 | $30,880 | $27,989 | $41,750 | $26,563 |
| Black or African American | $43,904 | $61,998 | $30,648 | $13,822 | $19,788 | N/A | $14,495 | $14,528 | $15,554 | $14,721 | $18,583 | $38,642 | $58,925 | $57,813 |
| Some Other Race | $5,908 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Two or More Races | N/A | N/A | N/A | N/A | $45,766 | $45,770 | N/A | N/A | N/A | N/A | $51,620 | $45,899 | $47,833 | $45,375 |
Things to know
Which racial group has the highest median household income according to the Census Bureau in Watterson Park, KY?
Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2019-2023 5-Year Estimates, households with Black or African American householders in Watterson Park have the highest median household income at $57,813.
How does the median household income vary by race in Watterson Park, KY?
In Watterson Park, the median household income As we explore median household incomes in Watterson Park, we observe that Black or African American households report a median income of about $57,813, Two or More Races households report a median income of about $45,375 and White households earn roughly $26,563. These differences shed light on the income distribution within the city of Watterson Park..
Which racial group has the lowest median household income according to the Census Bureau in Watterson Park, KY?
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 White in Watterson Park exhibit the lowest median household income at $26,563 among the identified racial categories.
What is the median household income for White households in Watterson Park, KY?
In Watterson Park, the median household income for the households where the householder is White decreased by $11,892(30.92%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $38,455 in 2013 and $26,563 in 2023.
What is the median household income for Black or African American households in Watterson Park, KY?
In Watterson Park, the median household income for the households where the householder is Black or African American increased by $43,991(318.27%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $13,822 in 2013 and $57,813 in 2023.
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)