Elk Creek, NE Income

The inflation-adjusted median household income in Elk Creek was $52,470, based on U.S. Census Bureau ACS estimates.
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Updated Dec 15, 2023
Overview
$52,470
Median household income
0.3715
Gini coefficient
** (N/A)
Highest median income age group
$NA
Income of top 5%

All incomes in 2022 inflation-adjusted dollars using R-CPI-U-RS. Sources: U.S. Census Bureau, American Community Survey (ACS) 2017-2021 5-Year Estimates

TABLE OF CONTENTS

Gender

In Elk Creek, the population consists of 37 males (36.27%) and 65 females (63.73%). Here are the primary highlights from the gender-based income distribution analysis:

  • In Elk Creek, the median income for all workers aged 15 years and older, regardless of work hours, was $52,244 for males and $32,621 for females.
  • However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $53,145 for males, while data for females was unavailable due to an insufficient number of sample observations.
  • In Elk Creek, the median income for all workers aged 15 years and older, regardless of work hours, was $52,244 for males and $32,621 for females.
  • In Elk Creek, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $53,145 for males, while data for females was unavailable due to an insufficient number of sample observations.
Line chart showing the annual median income trends in Elk Creek, NE for males and females across four employment categories: (1) Males in full-time year-round positions, (2) Males in non-full-time roles (part-time and other employment types), (3) Females in full-time year-round positions, and (4) Females in non-full-time roles (part-time and other employment types).
Elk Creek, NE gender based income disparity: Gain insights into gender-based pay disparity trends and explore the variations in income for male and female individuals, in 2022 inflation adjusted dollars. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Elk Creek, NE income by gender ➔

Year by year

Elk Creek, NE median household income trends by year, family type and household size (2010-2021):

  • From 2010 to 2021, the median household income for Elk Creek decreased by $1,822 (3.36%), as per the American Community Survey estimates.
  • Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 3 years and declined for 8 years.
  • The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 15,242 (from $38,178 to $53,420). Similarly the most substantial year-by-year decline occured from 2014 to 2015, when the median household income decreased by 12,621 (from $52,743 to $40,122).
  • Additionally, the Census Bureau did not report a median household income for larger household sizes.
  • With a Gini coefficient of 0.3715, it is evident that income distribution in Elk Creek, NE exihibits characterstics of moderate equality .
  • NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $34,017.
The line chart shows Elk Creek, NE median household income from 2010 to 2021. The orange line represents Census Bureau data for median household income (without adjusting for any inflation), while the blue line shows inflation-adjusted median household income for 2022.
Elk Creek, NE median household income trends: 2010 to 2021. The chart illustrates income fluctuations over the years, highlighting the impact of inflation on economic trends. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Elk Creek, NE median household income ➔

References

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Elk Creek, NE Demographics

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Median household income of places that contain Elk Creek (in 2022 dollars)
Median household income of nearby cities (in 2022 dollars)
Insights for Elk Creek, by topic

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

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