Canton charter Township, Michigan median household income diversity
Based on our analysis of the distribution of Canton charter township population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 65.04% of the total residents in Canton charter township. Notably, the median household income for White households is $113,371.
Interestingly, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $153,234. This reveals that, while Whites may be the most numerous in Canton charter township, Asian 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.
In Canton charter township, a diversity of median household incomes is evident among households of different races. The Asian households boast the highest median household income at about $153,234. White households have a median income of approximately $113,371. Black or African American households have a median income of approximately $92,758. Conversely, Some Other Race households reveal the lowest median income at $44,841. These disparities underscore the varied income distribution within the township of Canton charter township.
Canton charter Township, Michigan median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Canton charter township, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the township of Canton charter township.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Canton charter township, the median household income for the households where the householder is White increased by $4,780(4.40%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $108,591 in 2012 and $113,371 in 2022.
- Black or African American: In Canton charter township, the median household income for the households where the householder is Black or African American increased by $20,138(27.73%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $72,620 in 2012 and $92,758 in 2022.
- 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 2012 and 2022.
- Asian: In Canton charter township, the median household income for the households where the householder is Asian increased by $12,673(9.02%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $140,561 in 2012 and $153,234 in 2022.
- Native Hawaiian and Other Pacific Islander: Even though there is a population where the householder is Native Hawaiian and Other Pacific Islander, there was no median household income reported by the U.S. Census Bureau for both 2012 and 2022.
- Some other race: In Canton charter township, the median household income for the households where the householder is Some other race decreased by $135,390(75.12%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $180,231 in 2012 and $44,841 in 2022.
- Two or more races (multiracial): Even though there is a population where the householder is multiracial, there was no median household income reported by the U.S. Census Bureau for both 2012 and 2022.
- Above analysis reconfirms that there are 4 race households in Canton charter township. Households are categorized based on the self-identified race of the head of household.
Canton charter township median household income by race betwen 2012 and 2022
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 2012 to 2022, 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 | $90,620 | $105,827 | $108,591 | $107,999 | $100,649 | $107,081 | $107,729 | $105,250 | $113,714 | $103,853 | N/A | $111,434 | $113,371 |
| Black or African American | $82,706 | $66,294 | $72,620 | $76,546 | $64,477 | $81,518 | $77,162 | $72,353 | $67,130 | $75,329 | N/A | $52,928 | $92,758 |
| American Indian and Alaska Native | N/A | $40,062 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Asian | $124,799 | $131,806 | $140,561 | $101,086 | $126,923 | $124,058 | $136,545 | $122,521 | $118,103 | $140,227 | N/A | $157,737 | $153,234 |
| Some Other Race | N/A | $112,074 | $180,231 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $45,202 | $44,841 |
| Two or More Races | $115,343 | $67,650 | N/A | N/A | N/A | N/A | N/A | $115,322 | $101,798 | $92,593 | N/A | $132,788 | N/A |
Key observations: Households with Black or African American householders witnessed significant growth in median household income, marking an impressive increase of $20,138. On the other hand, households where householder is Some other race experienced a notable decline, with a decrease of $135,390 in median income.