Carmel, New York Median Household Income By Race

Carmel, New York median household income diversity

Based on our analysis of the distribution of Carmel town population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 89.45% of the total residents in Carmel town. Notably, the median household income for White households is $124,182.

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 $167,992. This reveals that, while Whites may be the most numerous in Carmel town, 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 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).

In Carmel town, a diversity of median household incomes is evident among households of different races. The Black or African American households boast the highest median household income at about $167,992. Two or More Races households have a median income of approximately $153,532. White households have a median income of approximately $124,182. Asian households have a median income of approximately $110,230. Conversely, Some Other Race households reveal the lowest median income at $100,262. These disparities underscore the varied income distribution within the town of Carmel town.

Carmel, New York median household income trends across races

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

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

• White: In Carmel town, the median household income for the households where the householder is White decreased by $8,865(6.66%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $133,047 in 2011 and $124,182 in 2021.
• Black or African American: In Carmel town, the median household income for the households where the householder is Black or African American decreased by $120,946(41.86%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $288,938 in 2011 and $167,992 in 2021.
• 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 Carmel town, the median household income for the households where the householder is Asian increased by $15,021(15.78%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $95,209 in 2011 and $110,230 in 2021.
• Native Hawaiian and Other Pacific Islander: According to the U.S. Census Bureau population data for Carmel town, 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 Carmel town, the median household income for the households where the householder is Some other race increased by $41,579(70.85%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $58,683 in 2011 and $100,262 in 2021.
• Two or more races (multiracial): In Carmel town, there was no reported median household income for multiracial households in 2011. However, in 2021, the median household income increased to $153,532(2022 inflation-adjusted dollars), marking a significant change.
• Above analysis reconfirms that there are 5 race households in Carmel town. Households are categorized based on the self-identified race of the head of household.

Key observations: Households with multiracial householders witnessed significant growth in median household income, marking an impressive increase of $153,532. On the other hand, households where householder is Black or African American experienced a notable decline, with a decrease of $120,946 in median income.

Things to know

Which racial group has the highest median household income according to the Census Bureau in Carmel, New York?

Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2017-2021 5-Year Estimates, households with Black or African American householders in Carmel town have the highest median household income at $167,992.

How does the median household income vary by race in Carmel, New York?

In Carmel town, the median household income In Carmel town, a diversity of median household incomes is evident among households of different races. The Black or African American households boast the highest median household income at about $167,992. Two or More Races households have a median income of approximately $153,532. White households have a median income of approximately $124,182. Asian households have a median income of approximately $110,230. Conversely, Some Other Race households reveal the lowest median income at $100,262. These disparities underscore the varied income distribution within the town of Carmel town..

Which racial group has the lowest median household income according to the Census Bureau in Carmel, New York?

Of the racial categories outlined by the U.S. Census Bureau and the American Community Survey 2017-2021 5-Year Estimates, households headed by individuals identifying as Some Other Race in Carmel town exhibit the lowest median household income at $100,262 among the identified racial categories.

What is the median household income for White households in Carmel, New York?

In Carmel town, the median household income for the households where the householder is White decreased by $8,865(6.66%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $133,047 in 2011 and $124,182 in 2021.

What is the median household income for Black or African American households in Carmel, New York?

In Carmel town, the median household income for the households where the householder is Black or African American decreased by $120,946(41.86%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $288,938 in 2011 and $167,992 in 2021.

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