Median Household Income by Racial Categories in Hazlet Township, New Jersey , in 2023 inflation-adjusted dollars
This table presents the median household income across different racial categories in Hazlet township, based on the latest 5-Year estimates from the American Community Survey , when adjusted for the inflation.
| Race Of The Head Of Household | Median Household Income |
|---|---|
| White | $119,845 |
| Some Other Race | $80,729 |
| Two or More Races | $149,309 |
TABLE OF CONTENTS
Hazlet Township, New Jersey median household income diversity
Based on our analysis of the distribution of Hazlet township population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 85.12% of the total residents in Hazlet township. Notably, the median household income for White households is $119,845.
Interestingly, despite the White population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $149,309. This reveals that, while Whites may be the most numerous in Hazlet township, Two or More Races 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. All incomes have been adjusted for 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).
As we explore median household incomes in Hazlet township, we observe that Two or More Races households report a median income of about $149,309, White households report a median income of about $119,845 and Some Other Race households earn roughly $80,729. These differences shed light on the income distribution within the township of Hazlet township.
Hazlet 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 Hazlet township, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the township of Hazlet township.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Hazlet township, the median household income for the households where the householder is White increased by $7,717(6.88%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $112,128 in 2013 and $119,845 in 2023.
- Black or African American: In Hazlet township, the median household income for Black or African American households was $141,825 in 2013(2023 inflation-adjusted dollars). However there is no reported data for 2023, indicating a lack of information for this specific year.
- American Indian and Alaska Native: The U.S. Census Bureau population data for Hazlet township, indicates a lack of households led by American Indian and Alaska Native individuals. As a result, the median household income for the American Indian and Alaska Native population is not available.
- Asian: In Hazlet township, the median household income for Asian households was $131,046 in 2013(2023 inflation-adjusted dollars). However there is no reported data for 2023, indicating a lack of information for this specific year.
- 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 2013 and 2023.
- Some other race: In Hazlet township, the median household income for the households where the householder is Some other race decreased by $43,212(34.86%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $123,941 in 2013 and $80,729 in 2023.
- Two or more races (multiracial): In Hazlet township, the median household income for the households where the householder is multiracial increased by $53,332(55.57%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $95,977 in 2013 and $149,309 in 2023.
- Above analysis reconfirms that there are 3 race households in Hazlet township. Households are categorized based on the self-identified race of the head of household.
Hazlet township median household income by race betwen 2013 and 2023
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 2013 to 2023, 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 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| White | $125,974 | $111,957 | $108,596 | $112,128 | $110,130 | $109,334 | $113,863 | $118,336 | $119,978 | $122,333 | $123,779 | $122,388 | $119,489 | $119,845 |
| Black or African American | $47,417 | $44,419 | $131,696 | $141,825 | $184,274 | $186,022 | $152,027 | $124,844 | $123,075 | N/A | N/A | $121,571 | $123,461 | N/A |
| Asian | $163,826 | $187,634 | $148,366 | $131,046 | $128,211 | $100,288 | $98,847 | $78,829 | $77,187 | $78,140 | $78,220 | N/A | N/A | N/A |
| Some Other Race | $125,776 | $124,806 | $125,112 | $123,941 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $95,274 | $80,729 |
| Two or More Races | $107,302 | N/A | $107,763 | $95,977 | $97,943 | $98,522 | N/A | N/A | N/A | N/A | $148,780 | $148,162 | $180,098 | $149,309 |
Things to know
Which racial group has the highest median household income according to the Census Bureau in Hazlet Township, New Jersey?
Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2019-2023 5-Year Estimates, households with Two or More Races householders in Hazlet township have the highest median household income at $149,309.
How does the median household income vary by race in Hazlet Township, New Jersey?
In Hazlet township, the median household income As we explore median household incomes in Hazlet township, we observe that Two or More Races households report a median income of about $149,309, White households report a median income of about $119,845 and Some Other Race households earn roughly $80,729. These differences shed light on the income distribution within the township of Hazlet township..
Which racial group has the lowest median household income according to the Census Bureau in Hazlet Township, New Jersey?
Of the racial categories outlined by the U.S. Census Bureau and the American Community Survey 2019-2023 5-Year Estimates, households headed by individuals identifying as Some Other Race in Hazlet township exhibit the lowest median household income at $80,729 among the identified racial categories.
What is the median household income for White households in Hazlet Township, New Jersey?
In Hazlet township, the median household income for the households where the householder is White increased by $7,717(6.88%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $112,128 in 2013 and $119,845 in 2023.
What is the median household income for Black or African American households in Hazlet Township, New Jersey?
In Hazlet township, the median household income for Black or African American households was $141,825 in 2013(2023 inflation-adjusted dollars). However there is no reported data for 2023, indicating a lack of information for this specific year.
References
- U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)
