Edison Township, New Jersey median household income diversity
Based on our analysis of the distribution of Edison township population by race & ethnicity, the population is predominantly Asian. This particular racial category constitutes the majority, accounting for 49.97% of the total residents in Edison township. Notably, the median household income for Asian households is $144,238.
Interestingly, Asian is both the largest group and the one with the highest median household income, which stands at $144,238.
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 Edison 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 $144,238. Two or More Races households have a median income of approximately $130,101. American Indian and Alaska Native households have a median income of approximately $113,578. White households have a median income of approximately $105,040. Some Other Race households have a median income of approximately $84,446. Conversely, Black or African American households reveal the lowest median income at $70,849. These disparities underscore the varied income distribution within the township of Edison township.
Edison Township, New Jersey median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Edison township, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the township of Edison township.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Edison township, the median household income for the households where the householder is White increased by $16,882(19.15%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $88,158 in 2012 and $105,040 in 2022.
- Black or African American: In Edison township, the median household income for the households where the householder is Black or African American increased by $11,838(20.06%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $59,011 in 2012 and $70,849 in 2022.
- American Indian and Alaska Native: In Edison township, there was no reported median household income for American Indian and Alaska Native households in 2012. However, in 2022, the median household income increased to $113,578, marking a significant change.
- Asian: In Edison township, the median household income for the households where the householder is Asian decreased by $4,520(3.04%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $148,758 in 2012 and $144,238 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 Edison township, the median household income for the households where the householder is Some other race decreased by $19,634(18.86%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $104,080 in 2012 and $84,446 in 2022.
- Two or more races (multiracial): In Edison township, the median household income for the households where the householder is multiracial increased by $89,423(219.83%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $40,678 in 2012 and $130,101 in 2022.
- Above analysis reconfirms that there are 6 race households in Edison township. Households are categorized based on the self-identified race of the head of household.
Edison 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 | $95,726 | $102,800 | $88,158 | $104,381 | $101,746 | $89,661 | $92,484 | $111,812 | $93,541 | $97,109 | N/A | $97,186 | $105,040 |
| Black or African American | $119,942 | $54,725 | $59,011 | $99,938 | $58,506 | $74,674 | $89,003 | $81,530 | $77,802 | $121,011 | N/A | $75,380 | $70,849 |
| American Indian and Alaska Native | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $113,578 |
| Asian | $137,847 | $150,582 | $148,758 | $130,927 | $149,661 | $144,286 | $148,476 | $149,672 | $152,767 | $161,798 | N/A | $166,533 | $144,238 |
| Some Other Race | $80,455 | $108,042 | $104,080 | $51,901 | $77,438 | $79,354 | $61,862 | $56,162 | N/A | $152,909 | N/A | $95,995 | $84,446 |
| Two or More Races | $138,734 | N/A | $40,678 | $96,706 | $73,779 | $43,628 | $87,506 | $87,478 | $105,552 | $150,911 | N/A | $102,192 | $130,101 |
Key observations: Households with American Indian and Alaska Native householders witnessed significant growth in median household income, marking an impressive increase of $113,578. On the other hand, households where householder is Some other race experienced a notable decline, with a decrease of $19,634 in median income.