Park Forest, IL Median Household Income By Race

In Park Forest, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, Two or More Races households have the highest median household income at $65,665, while Some Other Race households represent the opposite end with the lowest median household income of $44,771.
Neilsberg Research Avatar
Updated Jan 4, 2024

Median Household Income by Racial Categories in Park Forest, IL (2021, in 2022 inflation-adjusted dollars)

This table presents the median household income across different racial categories in Park Forest, 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 $63,468
Black or African American $63,880
Some Other Race $44,771
Two or More Races $65,665
Need Income insights or broader demographics data for Park Forest?
We can help you with custom data for Park Forest, other cities in Cook County, any place in Illinois, or across the USA!
Avg Income Age group Avg Income Diversity Index Population Gender ratio (M:F) Homeownership % Avg commute time Custom Dataset: Park Forest Self-employed, multilingual, car-commuting, insured individuals 15 to 24 years $27,865 75 27,354 0.75 0.5% 55 min 25 to 44 years $44,231 90 37,459 0.86 19% 43 min 45 to 64 years $53,865 95 42,167 0.77 35% 15 min 65 to 74 years $51,800 74 32,972 0.91 45% 13 min 75 to 84 years $41,234 66 26,758 0.87 66% 42 min 85 years and over $36,093 56 18,857 0.89 76% 45 min

Park Forest, IL median household income diversity

Based on our analysis of the distribution of Park Forest population by race & ethnicity, the population is predominantly Black or African American. This particular racial category constitutes the majority, accounting for 69.71% of the total residents in Park Forest. Notably, the median household income for Black or African American households is $63,880.

Interestingly, despite the Black or African American population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $65,665. This reveals that, while Black or African Americans may be the most numerous in Park Forest, Two or More Races 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).

The bar chart shows Park Forest, IL median household income across all racial categories identified 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).
Park Forest, IL median household income diversity across racial categories: Gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

In Park Forest, a diversity of median household incomes is evident among households of different races. The Two or More Races households boast the highest median household income at about $65,665. Black or African American households have a median income of approximately $63,880. White households have a median income of approximately $63,468. Conversely, Some Other Race households reveal the lowest median income at $44,771. These disparities underscore the varied income distribution within the village of Park Forest.

Park Forest, IL median household income trends across races

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

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

  • White: In Park Forest, the median household income for the households where the householder is White decreased by $3,773(5.61%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $67,241 in 2011 and $63,468 in 2021.
  • Black or African American: In Park Forest, the median household income for the households where the householder is Black or African American increased by $5,782(9.95%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $58,098 in 2011 and $63,880 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 Park Forest, the median household income for Asian households was $111,207 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
  • Native Hawaiian and Other Pacific Islander: According to the U.S. Census Bureau population data for Park Forest, 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 Park Forest, the median household income for the households where the householder is Some other race decreased by $8,349(15.72%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $53,120 in 2011 and $44,771 in 2021.
  • Two or more races (multiracial): In Park Forest, there was no reported median household income for multiracial households in 2011. However, in 2021, the median household income increased to $65,665(2022 inflation-adjusted dollars), marking a significant change.
  • Above analysis reconfirms that there are 4 race households in Park Forest. Households are categorized based on the self-identified race of the head of household.
Line chart showing Park Forest, IL median household income trends for all racial categories identified by the U.S. Census Bureau. The chart illustrates income trends between 2011 and 2021, with incomes values adjusted for inflation using 2022 Consumer Price Index retroactive series using current methods. It provides insights into income disparities and variations across racial categories, aiding in data analysis and decision-making.
Park Forest, IL median household income trends across races (2011-2021, in 2022 inflation-adjusted dollars). Households with multiracial householders witnessed significant growth in median household income, marking an impressive increase of $65,665. On the other hand, households where householder is Asian experienced a notable decline, with a decrease of $111,207 in median income. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Park Forest 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 $67,662 $67,241 $65,032 $65,907 $68,406 $68,787 $65,692 $66,581 $65,783 $65,926 $62,870 $63,468 N/A
Black or African American $62,248 $58,098 $54,812 $56,017 $54,262 $49,889 $51,880 $60,027 $59,802 $61,891 $64,631 $63,880 N/A
Asian $111,990 $111,207 $104,065 $80,990 $75,578 N/A N/A N/A N/A N/A N/A N/A N/A
Some Other Race $111,990 $53,120 $53,002 $51,547 $44,211 $40,780 $30,577 $41,916 $41,080 $42,341 $42,378 $44,771 N/A
Two or More Races $85,293 N/A $76,335 $73,846 $71,487 $51,744 $49,093 $48,625 N/A $66,062 $67,077 $65,665 N/A
Exploring Park Forest's Diversity? Request Customized Data Now!

Key observations: Households with multiracial householders witnessed significant growth in median household income, marking an impressive increase of $65,665. On the other hand, households where householder is Asian experienced a notable decline, with a decrease of $111,207 in median income.

Things to know

Which racial group has the highest median household income according to the Census Bureau in Park Forest, IL?

Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2017-2021 5-Year Estimates, households with Two or More Races householders in Park Forest have the highest median household income at $65,665.

How does the median household income vary by race in Park Forest, IL?

In Park Forest, the median household income In Park Forest, a diversity of median household incomes is evident among households of different races. The Two or More Races households boast the highest median household income at about $65,665. Black or African American households have a median income of approximately $63,880. White households have a median income of approximately $63,468. Conversely, Some Other Race households reveal the lowest median income at $44,771. These disparities underscore the varied income distribution within the village of Park Forest..

Which racial group has the lowest median household income according to the Census Bureau in Park Forest, IL?

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 Park Forest exhibit the lowest median household income at $44,771 among the identified racial categories.

What is the median household income for White households in Park Forest, IL?

In Park Forest, the median household income for the households where the householder is White decreased by $3,773(5.61%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $67,241 in 2011 and $63,468 in 2021.

What is the median household income for Black or African American households in Park Forest, IL?

In Park Forest, the median household income for the households where the householder is Black or African American increased by $5,782(9.95%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $58,098 in 2011 and $63,880 in 2021.

References

Datasets

Explore datasets by year of publication.
2023
Median Household Income by Racial Categories in Park Forest, IL (2021, in 2022 inflation-adjusted dollars)
Last updated January 3, 2024
ACS
Free
Neilsberg
CSV, JSON
2017-2021
CC BY 4.0
About this dataset

Context

The dataset presents the median household income across different racial categories in Park Forest. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. The dataset can be utilized to gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories.

Key observations

Based on our analysis of the distribution of Park Forest population by race & ethnicity, the population is predominantly Black or African American. This particular racial category constitutes the majority, accounting for 69.71% of the total residents in Park Forest. Notably, the median household income for Black or African American households is $63,880. Interestingly, despite the Black or African American population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $65,665. This reveals that, while Black or African Americans may be the most numerous in Park Forest, Two or More Races households experience greater economic prosperity in terms of median household income.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Racial categories include:

  • White
  • Black or African American
  • American Indian and Alaska Native
  • Asian
  • Native Hawaiian and Other Pacific Islander
  • Some other race
  • Two or more races (multiracial)

Variables / Data Columns

  • Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in Park Forest.
  • Median household income: Median household income, adjusting for inflation, presented in 2022-inflation-adjusted dollars

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Park Forest median household income by race. You can refer the same here

Park Forest, IL median household income breakdown by race betwen 2011 and 2021
Last updated January 3, 2024
ACS
Free
Neilsberg
CSV, JSON
2017-2021
CC BY 4.0
About this dataset

Context

The dataset presents the median household incomes over the past decade across various racial categories identified by the U.S. Census Bureau in Park Forest. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. It also showcases the annual income trends, between 2011 and 2021, providing insights into the economic shifts within diverse racial communities.The dataset can be utilized to gain insights into income disparities and variations across racial categories, aiding in data analysis and decision-making..

Key observations

  • White: In Park Forest, the median household income for the households where the householder is White decreased by $3,773(5.61%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $67,241 in 2011 and $63,468 in 2021.
  • Black or African American: In Park Forest, the median household income for the households where the householder is Black or African American increased by $5,782(9.95%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $58,098 in 2011 and $63,880 in 2021.
  • Refer to the research insights for more key observations on American Indian and Alaska Native, Asian, Native Hawaiian and Other Pacific Islander, Some other race and Two or more races (multiracial) households
Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Racial categories include:

  • White
  • Black or African American
  • American Indian and Alaska Native
  • Asian
  • Native Hawaiian and Other Pacific Islander
  • Some other race
  • Two or more races (multiracial)

Variables / Data Columns

  • Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in Park Forest.
  • 2010: 2010 median household income
  • 2011: 2011 median household income
  • 2012: 2012 median household income
  • 2013: 2013 median household income
  • 2014: 2014 median household income
  • 2015: 2015 median household income
  • 2016: 2016 median household income
  • 2017: 2017 median household income
  • 2018: 2018 median household income
  • 2019: 2019 median household income
  • 2020: 2020 median household income
  • 2021: 2021 median household income
  • 2022: 2022 median household income
  • Please note: 2020 1-Year ACS estimates data was not reported by Census Bureau due to impact on survey collection and analysis during COVID-19, thus for large cities (population 65,000 and above) median household income data is not available.
  • Please note: All incomes have been adjusted for inflation and are presented in 2022-inflation-adjusted dollars.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Park Forest median household income by race. You can refer the same here

If you're looking for datasets from another year, please feel free to contact us at research@neilsberg.com and we'll be happy to assist you further.

Explore more

Median household income of places that contain Park Forest (in 2022 dollars)

About the author

Neilsberg Research Avatar
Neilsberg Research
Neilsberg Research team are data scientists with expertise in processing, analysis and visualization of big data helping small businesses make right decisions.

Share

This article is for informational purposes only and is not intended to be legal or tax advice. We recommend that you consult with a qualified professional such as a lawyer or accountant before making a decision. Many of the products and services featured here are from our affiliate partners. We may receive commissions on purchases made from our chosen links. Read advertiser disclosure.