Rio Grande, OH Income

The inflation-adjusted median household income in Rio Grande was $57,199, based on U.S. Census Bureau ACS estimates.
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Updated Dec 15, 2023
Overview
$57,199
Median household income
0.44
Gini coefficient
65 years and over ($84,221)
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

Age of householder

Per the latest American Community Survey by the Census Bureau, Rio Grande sees its highest median household income among householders in the age group of 65 years and over old, at $84,221. Here are the key highlights for income distribution by age:

  • In terms of income distribution across age cohorts, in Rio Grande, the median household income stands at $84,221 for householders within the 65 years and over age group, followed by $60,801 for the 25 to 44 years age group. Notably, householders within the 45 to 64 years age group, had the lowest median household income at $52,694.
  • Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $61,884(277.05%), escalating from a median of $22,337 in 2011 to $84,221 in 2021.
  • 23(9.20%) households where the householder is under 25 years old.
  • 150(60%) households with a householder aged between 25 and 44 years.
  • 42(16.80%) households with a householder aged between 45 and 64 years.
  • 35(14%) households where the householder is over 65 years old.
The bar chart shows Rio Grande, OH median household income by age of householder. All incomes have been adjusted for 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).
Rio Grande, OH median household income by age of householder: It offers a clear illustration of the differences in median household incomes in Rio Grande, based on the age of householders divided into four cohorts : Under 25 years, 25 - 44 years, 45 to 64 years and 65 years and over. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

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Gender

In Rio Grande, the population consists of 625 males (49.64%) and 634 females (50.36%). Here are the primary highlights from the gender-based income distribution analysis:

  • In Rio Grande, while the Census reported a median income of $20,417 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations.
  • However, when specifically considering full-time, year-round workers within the same age group, the median income was $45,038 for males and $28,329 for females.
  • In Rio Grande, while the Census reported a median income of $20,417 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations.
  • In Rio Grande, among full-time, year-round workers aged 15 years and older, males earned a median income of $45,038, while females earned $28,329, leading to a 37% gender pay gap among full-time workers. This illustrates that women earn 63 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.
Line chart showing the annual median income trends in Rio Grande, OH 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).
Rio Grande, OH 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

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Race

In Rio Grande, the population is predominantly White, constituting 90.55% of the total residents. Here are the key highlights from the analysis of income distribution by race:

  • The median household income for White households is $58,550.
  • In Rio Grande, White is both the largest group and the one with the highest median household income, which stands at $58,550.
  • In Rio Grande, the median household income for the households where the householder is White increased by $31,267(114.60%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $27,283 in 2011 and $58,550 in 2021.
  • In Rio Grande, the median household income for Black or African American households was $44,131 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
The bar chart shows Rio Grande, OH median household income across all racial categories identified by the U.S. Census Bureau.
Rio Grande, OH 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

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Year by year

Rio Grande, OH median household income trends by year, family type and household size (2010-2021):

  • From 2010 to 2021, the median household income for Rio Grande increased by $35,542 (164.11%), as per the American Community Survey estimates.
  • Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
  • The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 14,778 (from $36,497 to $51,275). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 12,571 (from $33,005 to $20,434).
  • It then further increased to $39,920 for 4-person households, the largest household size for which the bureau reported a median household income.
  • With a Gini coefficient of 0.44, it is evident that income distribution in Rio Grande, OH exihibits characterstics of moderate inequality .
  • NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $32,041.
The line chart shows Rio Grande, OH 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.
Rio Grande, OH 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 Rio Grande, OH median household income ➔

References

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Rio Grande, OH Demographics

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Median household income of places that contain Rio Grande (in 2022 dollars)
Median household income of nearby cities (in 2022 dollars)

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