Winter Springs, FL Median Household Income By Race

Winter Springs, FL median household income diversity

Based on our analysis of the distribution of Winter Springs population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 72.33% of the total residents in Winter Springs. Notably, the median household income for White households is $88,575.

Interestingly, despite the White population being the most populous, it is worth noting that Some Other Race households actually reports the highest median household income, with a median income of $93,066. This reveals that, while Whites may be the most numerous in Winter Springs, Some Other Race 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 Winter Springs, a diversity of median household incomes is evident among households of different races. The Some Other Race households boast the highest median household income at about $93,066. White households have a median income of approximately $88,575. Two or More Races households have a median income of approximately $77,899. Black or African American households have a median income of approximately $69,125. Conversly, Asian households reveal the lowest median income at $61,866. These disparities underscore the varied income distribution within the city of Winter Springs.

Winter Springs, FL median household income trends across races

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

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

• White: In Winter Springs, the median household income for the households where the householder is White decreased by $2,086(2.30%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $90,661 in 2013 and $88,575 in 2023.
• Black or African American: In Winter Springs, the median household income for the households where the householder is Black or African American increased by $5,770(9.11%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $63,355 in 2013 and $69,125 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 Winter Springs, the median household income for the households where the householder is Asian decreased by $11,553(15.74%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $73,419 in 2013 and $61,866 in 2023.
• Native Hawaiian and Other Pacific Islander: According to the U.S. Census Bureau population data for Winter Springs, 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: In Winter Springs, the median household income for the households where the householder is Some other race increased by $31,320(50.72%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $61,746 in 2013 and $93,066 in 2023.
• Two or more races (multiracial): In Winter Springs, the median household income for the households where the householder is multiracial increased by $7,285(10.32%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $70,614 in 2013 and $77,899 in 2023.
• Above analysis reconfirms that there are 5 race households in Winter Springs. 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 Winter Springs, FL?

Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2019-2023 5-Year Estimates, households with Some Other Race householders in Winter Springs have the highest median household income at $93,066.

How does the median household income vary by race in Winter Springs, FL?

In Winter Springs, the median household income In Winter Springs, a diversity of median household incomes is evident among households of different races. The Some Other Race households boast the highest median household income at about $93,066. White households have a median income of approximately $88,575. Two or More Races households have a median income of approximately $77,899. Black or African American households have a median income of approximately $69,125. Conversly, Asian households reveal the lowest median income at $61,866. These disparities underscore the varied income distribution within the city of Winter Springs..

Which racial group has the lowest median household income according to the Census Bureau in Winter Springs, 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 Asian in Winter Springs exhibit the lowest median household income at $61,866 among the identified racial categories.

What is the median household income for White households in Winter Springs, FL?

In Winter Springs, the median household income for the households where the householder is White decreased by $2,086(2.30%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $90,661 in 2013 and $88,575 in 2023.

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

In Winter Springs, the median household income for the households where the householder is Black or African American increased by $5,770(9.11%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $63,355 in 2013 and $69,125 in 2023.

References

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