West Melbourne, FL Median Household Income By Race

West Melbourne, FL median household income diversity

Based on our analysis of the distribution of West Melbourne population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 75.08% of the total residents in West Melbourne. Notably, the median household income for White households is $84,713.

Interestingly, despite the White population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $114,384. This reveals that, while Whites may be the most numerous in West Melbourne, Two or More Races 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).

In West Melbourne, a diversity of median household incomes is evident among households of different races. The Two or More Races households boast the highest median household income at about $114,384. Black or African American households have a median income of approximately $101,171. Asian households have a median income of approximately $91,855. American Indian and Alaska Native households have a median income of approximately $86,484. Conversly, White households reveal the lowest median income at $84,713. These disparities underscore the varied income distribution within the city of West Melbourne.

West Melbourne, FL median household income trends across races

A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in West Melbourne, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the city of West Melbourne.

Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:

• White: In West Melbourne, the median household income for the households where the householder is White increased by $16,354(23.92%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $68,359 in 2013 and $84,713 in 2023.
• Black or African American: In West Melbourne, the median household income for the households where the householder is Black or African American increased by $71,947(246.19%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $29,224 in 2013 and $101,171 in 2023.
• American Indian and Alaska Native: In West Melbourne, there was no reported median household income for American Indian and Alaska Native households in 2013. However, in 2023, the median household income increased to $86,484, marking a significant change.
• Asian: In West Melbourne, the median household income for the households where the householder is Asian decreased by $945(1.02%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $92,800 in 2013 and $91,855 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 West Melbourne, the median household income for Some other race 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.
• Two or more races (multiracial): In West Melbourne, the median household income for the households where the householder is multiracial increased by $64,866(130.99%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $49,518 in 2013 and $114,384 in 2023.
• Above analysis reconfirms that there are 5 race households in West Melbourne. Households are categorized based on the self-identified race of the head of household.

Things to know

Which racial group has the highest median household income according to the Census Bureau in West Melbourne, FL?

Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2019-2023 5-Year Estimates, households with Two or More Races householders in West Melbourne have the highest median household income at $114,384.

How does the median household income vary by race in West Melbourne, FL?

In West Melbourne, the median household income In West Melbourne, a diversity of median household incomes is evident among households of different races. The Two or More Races households boast the highest median household income at about $114,384. Black or African American households have a median income of approximately $101,171. Asian households have a median income of approximately $91,855. American Indian and Alaska Native households have a median income of approximately $86,484. Conversly, White households reveal the lowest median income at $84,713. These disparities underscore the varied income distribution within the city of West Melbourne..

Which racial group has the lowest median household income according to the Census Bureau in West Melbourne, FL?

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 West Melbourne exhibit the lowest median household income at $84,713 among the identified racial categories.

What is the median household income for White households in West Melbourne, FL?

In West Melbourne, the median household income for the households where the householder is White increased by $16,354(23.92%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $68,359 in 2013 and $84,713 in 2023.

What is the median household income for Black or African American households in West Melbourne, FL?

In West Melbourne, the median household income for the households where the householder is Black or African American increased by $71,947(246.19%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $29,224 in 2013 and $101,171 in 2023.

References

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