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The total population of Alcoa is estimated to be 11,095 with 5,553 males (50.05%) and 5,542 females (49.95%). There are 11 less females than males in Alcoa.
The median household income in Alcoa was $59,926 in 2021, which marked an an increase of 5,137(9.38%) from $54,789 in 2020. This income is 80.32% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Alcoa sees its highest median household income among householders in the age group of 45 to 64 years old, at $73,606. Overall, the median household income for the city of Alcoa stands at $59,926.
In Alcoa, the median income for all workers aged 15 years and older, regardless of work hours, was $40,794 for males and $27,457 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $45,751 for males and $37,204 for females.
In Alcoa, there are just three different racial groups among households. Among these, Black or African American households report a median household income of $65,771, followed by White households at $61,164, and Two or More Races households with a median household income of $43,629.
In 2022, the population of Alcoa was 11,803, a 3.75% increase year-by-year from 2021. Previously, in 2021, Alcoa's population was 11,376, an increase of 2.79% compared to a population of 11,067 in 2020.
The median age in Alcoa, TN is 36.4, as per 2021 ACS 5-Year Estimates. Of the total population, 20.39% were under the age of 15, 17.35% aged 15 to 29, 43.90% aged 30 to 64, 16.35% aged 65 to 84, and 2.01% were 85 years of age and older.
Racial distribution of Alcoa population: 81.32% are White, 9.33% are Black or African American, 0.06% are American Indian and Alaska Native, 1.35% are Asian, 0.56% are some other race and 7.39% are multiracial.