West Point, UT median household income diversity
Based on our analysis of the distribution of West Point population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 87.62% of the total residents in West Point. Notably, the median household income for White households is $115,185.
Interestingly, White is both the largest group and the one with the highest median household income, which stands at $115,185.
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 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).
As we explore median household incomes in West Point, we observe that White households report a median income of about $115,185, Asian households report a median income of about $95,330 and Some Other Race households earn roughly $75,551. These differences shed light on the income distribution within the city of West Point.
West Point, UT median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in West Point, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the city of West Point.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In West Point, the median household income for the households where the householder is White increased by $20,794(22.03%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $94,391 in 2011 and $115,185 in 2021.
- Black or African American: As per the U.S. Census Bureau population data, in West Point, there are no households where the householder is Black or African American; hence, the median household income for the Black or African American population is not applicable.
- 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 2011 and 2021.
- Asian: In West Point, there was no reported median household income for Asian households in 2011. However, in 2021, the median household income increased to $95,330(2022 inflation-adjusted dollars), marking a significant change.
- 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 2011 and 2021.
- Some other race: In West Point, the median household income for the households where the householder is Some other race increased by $27,014(55.66%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $48,537 in 2011 and $75,551 in 2021.
- 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 2011 and 2021.
- Above analysis reconfirms that there are 3 race households in West Point. Households are categorized based on the self-identified race of the head of household.
West Point median household income by race betwen 2011 and 2021
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 2011 to 2021, 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 | $96,227 | $94,391 | $94,580 | $95,247 | $97,742 | $94,550 | $96,131 | $100,994 | $109,915 | $108,737 | $119,185 | $115,185 | N/A |
| Asian | $128,497 | N/A | N/A | N/A | $71,008 | $70,563 | $68,064 | $69,523 | $56,424 | $54,918 | $97,000 | $95,330 | N/A |
| Some Other Race | N/A | $48,537 | $50,463 | N/A | N/A | N/A | N/A | N/A | $49,420 | $63,209 | $75,982 | $75,551 | N/A |
| Two or More Races | $118,928 | N/A | $121,355 | N/A | $127,355 | $114,079 | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Key observations: Households with Asian householders witnessed significant growth in median household income, marking an impressive increase of $95,330. Among all racial categories, there was no instance of householders experiencing a decline in median household income, indicating a consistent or upward trend across all household demographics.