Age of householder
Per the latest American Community Survey by the Census Bureau, Unity Village sees its highest median household income among householders in the age group of 45 to 64 years old, at $56,072. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Unity Village, where there exist only two delineated age groups, the median household income is $56,072 for householders within the 45 to 64 years age group, compared to $46,839 for the 65 years and over age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $10,715(23.62%), escalating from a median of $45,357 in 2011 to $56,072 in 2021.
- 0 households where the householder is under 25 years old.
- 4(12.90%) households with a householder aged between 25 and 44 years.
- 21(67.74%) households with a householder aged between 45 and 64 years.
- 6(19.35%) households where the householder is over 65 years old.
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Race
In Unity Village, the population is predominantly White, constituting 90.91% 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 $46,953.
- In Unity Village, White is both the largest group and the one with the highest median household income, which stands at $46,953.
- In Unity Village, the median household income for the households where the householder is White increased by $3,230(7.39%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $43,723 in 2011 and $46,953 in 2021.
- In Unity Village, the median household income for Black or African American households was $39,227 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
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Year by year
Unity Village, MO median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Unity Village increased by $11,273 (31.01%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 8 years and declined for 3 years.
- The most significant year-by-year growth occured from 2016 to 2017, when the median household income increased by 8,380 (from $38,527 to $46,907). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 6,770 (from $45,297 to $38,527).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.297, it is evident that income distribution in Unity Village, MO exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $40,372.
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