Median Household Income by Racial Categories in Mineral Wells, TX (2021, in 2022 inflation-adjusted dollars)
This table presents the median household income across different racial categories in Mineral Wells, 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 | $58,673 |
American Indian and Alaska Native | $95,613 |
Asian | $92,949 |
Two or More Races | $62,814 |
TABLE OF CONTENTS
Mineral Wells, TX median household income diversity
Based on our analysis of the distribution of Mineral Wells population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 80.56% of the total residents in Mineral Wells. Notably, the median household income for White households is $58,673.
Interestingly, despite the White population being the most populous, it is worth noting that American Indian and Alaska Native households actually reports the highest median household income, with a median income of $95,613. This reveals that, while Whites may be the most numerous in Mineral Wells, American Indian and Alaska Native 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 Mineral Wells, a diversity of median household incomes is evident among households of different races. The American Indian and Alaska Native households boast the highest median household income at about $95,613. Asian households have a median income of approximately $92,949. Two or More Races households have a median income of approximately $62,814. Conversely, White households reveal the lowest median income at $58,673. These disparities underscore the varied income distribution within the city of Mineral Wells.
Mineral Wells, TX median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Mineral Wells, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the city of Mineral Wells.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Mineral Wells, the median household income for the households where the householder is White increased by $9,844(20.16%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $48,829 in 2011 and $58,673 in 2021.
- Black or African American: In Mineral Wells, the median household income for Black or African American households was $35,603 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- American Indian and Alaska Native: In Mineral Wells, there was no reported median household income for American Indian and Alaska Native households in 2011. However, in 2021, the median household income increased to $95,613(2022 inflation-adjusted dollars), marking a significant change.
- Asian: In Mineral Wells, the median household income for the households where the householder is Asian increased by $61,042(191.31%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $31,907 in 2011 and $92,949 in 2021.
- Native Hawaiian and Other Pacific Islander: According to the U.S. Census Bureau population data for Mineral Wells, 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 Mineral Wells, the median household income for Some other race households was $42,444 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- Two or more races (multiracial): In Mineral Wells, there was no reported median household income for multiracial households in 2011. However, in 2021, the median household income increased to $62,814(2022 inflation-adjusted dollars), marking a significant change.
- Above analysis reconfirms that there are 4 race households in Mineral Wells. Households are categorized based on the self-identified race of the head of household.
Mineral Wells 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 | $49,282 | $48,829 | $50,285 | $45,923 | $45,051 | $41,969 | $46,249 | $48,374 | $47,769 | $49,624 | $58,181 | $58,673 | N/A |
Black or African American | $35,841 | $35,603 | $42,426 | $45,849 | $35,893 | $35,728 | $27,467 | $26,656 | $25,107 | N/A | $56,314 | N/A | N/A |
American Indian and Alaska Native | N/A | N/A | $30,876 | $30,807 | $53,364 | N/A | N/A | N/A | N/A | N/A | N/A | $95,613 | N/A |
Asian | $33,844 | $31,907 | $31,540 | $36,236 | $48,643 | N/A | N/A | N/A | $48,502 | $92,732 | $91,990 | $92,949 | N/A |
Some Other Race | $44,348 | $42,444 | $52,084 | $44,422 | $41,310 | $37,609 | $32,676 | $33,101 | N/A | $18,134 | N/A | N/A | N/A |
Two or More Races | $55,995 | N/A | $46,296 | $28,257 | $27,781 | $25,940 | $27,859 | $37,425 | N/A | N/A | $63,058 | $62,814 | N/A |
Key observations: Households with American Indian and Alaska Native householders witnessed significant growth in median household income, marking an impressive increase of $95,613. On the other hand, households where householder is Some other race experienced a notable decline, with a decrease of $42,444 in median income.
Things to know
Which racial group has the highest median household income according to the Census Bureau in Mineral Wells, TX?
Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2017-2021 5-Year Estimates, households with American Indian and Alaska Native householders in Mineral Wells have the highest median household income at $95,613.
How does the median household income vary by race in Mineral Wells, TX?
In Mineral Wells, the median household income In Mineral Wells, a diversity of median household incomes is evident among households of different races. The American Indian and Alaska Native households boast the highest median household income at about $95,613. Asian households have a median income of approximately $92,949. Two or More Races households have a median income of approximately $62,814. Conversely, White households reveal the lowest median income at $58,673. These disparities underscore the varied income distribution within the city of Mineral Wells..
Which racial group has the lowest median household income according to the Census Bureau in Mineral Wells, TX?
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 White in Mineral Wells exhibit the lowest median household income at $58,673 among the identified racial categories.
What is the median household income for White households in Mineral Wells, TX?
In Mineral Wells, the median household income for the households where the householder is White increased by $9,844(20.16%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $48,829 in 2011 and $58,673 in 2021.
What is the median household income for Black or African American households in Mineral Wells, TX?
In Mineral Wells, the median household income for Black or African American households was $35,603 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
References
- U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)