Median Household Income by Racial Categories in Charlottesville city, VA , in 2023 inflation-adjusted dollars
This table presents the median household income across different racial categories in Charlottesville city, 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 | $86,259 |
| Black or African American | $36,541 |
| Asian | $34,261 |
| Two or More Races | $83,333 |
TABLE OF CONTENTS
Charlottesville city, VA median household income diversity
Based on our analysis of the distribution of Charlottesville city population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 68.03% of the total residents in Charlottesville city. Notably, the median household income for White households is $86,259.
Interestingly, White is both the largest group and the one with the highest median household income, which stands at $86,259.
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 Charlottesville city, a diversity of median household incomes is evident among households of different races. The White households boast the highest median household income at about $86,259. Two or More Races households have a median income of approximately $83,333. Black or African American households have a median income of approximately $36,541. Conversly, Asian households reveal the lowest median income at $34,261. These disparities underscore the varied income distribution within the county of Charlottesville city.
Charlottesville city, VA median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Charlottesville city, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the county of Charlottesville city.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Charlottesville city, the median household income for the households where the householder is White increased by $22,152(34.55%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $64,107 in 2013 and $86,259 in 2023.
- Black or African American: In Charlottesville city, the median household income for the households where the householder is Black or African American decreased by $7,773(17.54%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $44,314 in 2013 and $36,541 in 2023.
- American Indian and Alaska Native: In Charlottesville city, the median household income for American Indian and Alaska Native households was $88,192 in 2013(2023 inflation-adjusted dollars). However there is no reported data for 2023, indicating a lack of information for this specific year.
- Asian: In Charlottesville city, the median household income for the households where the householder is Asian increased by $761(2.27%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $33,500 in 2013 and $34,261 in 2023.
- Native Hawaiian and Other Pacific Islander: According to the U.S. Census Bureau population data for Charlottesville city, 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 Charlottesville city, the median household income for Some other race households was $35,252 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 Charlottesville city, the median household income for the households where the householder is multiracial increased by $55,566(200.12%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $27,767 in 2013 and $83,333 in 2023.
- Above analysis reconfirms that there are 4 race households in Charlottesville city. Households are categorized based on the self-identified race of the head of household.
Charlottesville city 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 | $63,586 | $64,180 | $62,931 | $64,107 | $69,164 | $73,214 | $76,522 | $79,863 | $83,809 | $83,125 | $85,649 | $86,204 | $84,452 | $86,259 |
| Black or African American | $43,307 | $43,971 | $43,050 | $44,314 | $40,769 | $42,332 | $33,863 | $34,600 | $35,903 | $43,187 | $42,390 | $43,414 | $39,736 | $36,541 |
| American Indian and Alaska Native | $34,504 | N/A | $86,091 | $88,192 | $85,678 | N/A | $87,384 | N/A | $38,243 | $36,697 | $36,089 | $30,726 | $29,936 | N/A |
| Asian | $42,921 | $40,666 | $42,080 | $33,500 | $42,643 | $52,915 | $52,324 | $60,065 | $70,253 | $60,929 | $34,586 | $38,455 | $39,221 | $34,261 |
| Some Other Race | $48,257 | $46,068 | $48,344 | $35,252 | $47,381 | $75,095 | N/A | $87,915 | $85,844 | N/A | N/A | N/A | N/A | N/A |
| Two or More Races | $32,635 | N/A | $70,056 | $27,767 | $68,353 | $71,884 | $65,775 | $58,158 | $59,043 | $56,167 | $56,152 | $58,553 | $84,643 | $83,333 |
Things to know
Which racial group has the highest median household income according to the Census Bureau in Charlottesville city, VA?
Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2019-2023 5-Year Estimates, households with White householders in Charlottesville city have the highest median household income at $86,259.
How does the median household income vary by race in Charlottesville city, VA?
In Charlottesville city, the median household income In Charlottesville city, a diversity of median household incomes is evident among households of different races. The White households boast the highest median household income at about $86,259. Two or More Races households have a median income of approximately $83,333. Black or African American households have a median income of approximately $36,541. Conversly, Asian households reveal the lowest median income at $34,261. These disparities underscore the varied income distribution within the county of Charlottesville city..
Which racial group has the lowest median household income according to the Census Bureau in Charlottesville city, VA?
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 Charlottesville city exhibit the lowest median household income at $34,261 among the identified racial categories.
What is the median household income for White households in Charlottesville city, VA?
In Charlottesville city, the median household income for the households where the householder is White increased by $22,152(34.55%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $64,107 in 2013 and $86,259 in 2023.
What is the median household income for Black or African American households in Charlottesville city, VA?
In Charlottesville city, the median household income for the households where the householder is Black or African American decreased by $7,773(17.54%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $44,314 in 2013 and $36,541 in 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)