Median Household Income by Racial Categories in Woods Cross, UT , in 2023 inflation-adjusted dollars
This table presents the median household income across different racial categories in Woods Cross, 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 | $113,304 |
| Asian | $250,001 |
| Some Other Race | $126,000 |
| Two or More Races | $105,625 |
TABLE OF CONTENTS
Woods Cross, UT median household income diversity
Based on our analysis of the distribution of Woods Cross population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 88.15% of the total residents in Woods Cross. Notably, the median household income for White households is $113,304.
Interestingly, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $250,001. This reveals that, while Whites may be the most numerous in Woods Cross, Asian 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 Woods Cross, a diversity of median household incomes is evident among households of different races. The Asian households boast the highest median household income at about $250,001. Some Other Race households have a median income of approximately $126,000. White households have a median income of approximately $113,304. Conversly, Two or More Races households reveal the lowest median income at $105,625. These disparities underscore the varied income distribution within the city of Woods Cross.
Woods Cross, UT median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Woods Cross, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the city of Woods Cross.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Woods Cross, the median household income for the households where the householder is White increased by $21,134(22.93%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $92,170 in 2013 and $113,304 in 2023.
- Black or African American: Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2013 and 2023.
- American Indian and Alaska Native: The U.S. Census Bureau population data for Woods Cross, indicates a lack of households led by American Indian and Alaska Native individuals. As a result, the median household income for the American Indian and Alaska Native population is not available.
- Asian: In Woods Cross, the median household income for the households where the householder is Asian increased by $159,681(176.79%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $90,320 in 2013 and $250,001 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 Woods Cross, there was no reported median household income for Some other race households in 2013. However, in 2023, the median household income increased to $126,000, marking a significant change.
- Two or more races (multiracial): In Woods Cross, there was no reported median household income for multiracial households in 2013. However, in 2023, the median household income increased to $105,625, marking a significant change.
- Above analysis reconfirms that there are 4 race households in Woods Cross. Households are categorized based on the self-identified race of the head of household.
Woods Cross 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 | $87,764 | $92,672 | $93,980 | $92,170 | $91,347 | $91,973 | $98,348 | $95,096 | $94,531 | $93,375 | $101,587 | $99,481 | $105,410 | $113,304 |
| American Indian and Alaska Native | N/A | N/A | $60,384 | $64,983 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Asian | N/A | $88,002 | $93,438 | $90,320 | N/A | N/A | N/A | N/A | $117,407 | N/A | N/A | N/A | N/A | $250,001 |
| Native Hawaiian and Other Pacific Islander | $49,173 | N/A | $26,281 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Some Other Race | $77,126 | $73,087 | $33,078 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $126,448 | $126,000 |
| Two or More Races | $6,498 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $90,222 | $89,688 | $92,003 | $106,294 | $105,625 |
Things to know
Which racial group has the highest median household income according to the Census Bureau in Woods Cross, UT?
Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2019-2023 5-Year Estimates, households with Asian householders in Woods Cross have the highest median household income at $250,001.
How does the median household income vary by race in Woods Cross, UT?
In Woods Cross, the median household income In Woods Cross, a diversity of median household incomes is evident among households of different races. The Asian households boast the highest median household income at about $250,001. Some Other Race households have a median income of approximately $126,000. White households have a median income of approximately $113,304. Conversly, Two or More Races households reveal the lowest median income at $105,625. These disparities underscore the varied income distribution within the city of Woods Cross..
Which racial group has the lowest median household income according to the Census Bureau in Woods Cross, UT?
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 Two or More Races in Woods Cross exhibit the lowest median household income at $105,625 among the identified racial categories.
What is the median household income for White households in Woods Cross, UT?
In Woods Cross, the median household income for the households where the householder is White increased by $21,134(22.93%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $92,170 in 2013 and $113,304 in 2023.
What is the median household income for Black or African American households in Woods Cross, UT?
Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2013 and 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)