Independence charter Township, Michigan Median Household Income By Race

Independence charter Township, Michigan median household income diversity

Based on our analysis of the distribution of Independence charter township population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 84.44% of the total residents in Independence charter township. Notably, the median household income for White households is $107,447.

Interestingly, despite the White population being the most populous, it is worth noting that American Indian and Alaska Native households actually reports the highest median household income, with a median income of $152,281. This reveals that, while Whites may be the most numerous in Independence charter township, American Indian and Alaska Native 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 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).

In Independence charter township, a diversity of median household incomes is evident among households of different races. The American Indian and Alaska Native households boast the highest median household income at about $152,281. Two or More Races households have a median income of approximately $111,874. White households have a median income of approximately $107,447. Asian households have a median income of approximately $89,412. Conversely, Some Other Race households reveal the lowest median income at $37,381. These disparities underscore the varied income distribution within the township of Independence charter township.

Independence 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 Independence 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 Independence charter township.

Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:

• White: In Independence charter township, the median household income for the households where the householder is White increased by $12,945(13.70%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $94,502 in 2011 and $107,447 in 2021.
• Black or African American: In Independence charter township, the median household income for Black or African American households was $78,659 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
• American Indian and Alaska Native: In Independence charter township, there was no reported median household income for American Indian and Alaska Native households in 2011. However, in 2021, the median household income increased to $152,281(2022 inflation-adjusted dollars), marking a significant change.
• Asian: In Independence charter township, the median household income for the households where the householder is Asian decreased by $10,019(10.08%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $99,431 in 2011 and $89,412 in 2021.
• Native Hawaiian and Other Pacific Islander: According to the U.S. Census Bureau population data for Independence charter township, there are no households with Native Hawaiian and Other Pacific Islander householders. Consequently, the median household income for the Native Hawaiian and Other Pacific Islander population is not available.
• Some other race: In Independence charter township, there was no reported median household income for Some other race households in 2011. However, in 2021, the median household income increased to $37,381(2022 inflation-adjusted dollars), marking a significant change.
• Two or more races (multiracial): In Independence charter township, there was no reported median household income for multiracial households in 2011. However, in 2021, the median household income increased to $111,874(2022 inflation-adjusted dollars), marking a significant change.
• Above analysis reconfirms that there are 5 race households in Independence charter township. Households are categorized based on the self-identified race of the head of household.

Key observations: Households with American Indian and Alaska Native householders witnessed significant growth in median household income, marking an impressive increase of $152,281. On the other hand, households where householder is Black or African American experienced a notable decline, with a decrease of $78,659 in median income.

Things to know

Which racial group has the highest median household income according to the Census Bureau in Independence charter Township, Michigan?

Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2017-2021 5-Year Estimates, households with American Indian and Alaska Native householders in Independence charter township have the highest median household income at $152,281.

How does the median household income vary by race in Independence charter Township, Michigan?

In Independence charter township, the median household income In Independence charter township, a diversity of median household incomes is evident among households of different races. The American Indian and Alaska Native households boast the highest median household income at about $152,281. Two or More Races households have a median income of approximately $111,874. White households have a median income of approximately $107,447. Asian households have a median income of approximately $89,412. Conversely, Some Other Race households reveal the lowest median income at $37,381. These disparities underscore the varied income distribution within the township of Independence charter township..

Which racial group has the lowest median household income according to the Census Bureau in Independence charter Township, Michigan?

Of the racial categories outlined by the U.S. Census Bureau and the American Community Survey 2017-2021 5-Year Estimates, households headed by individuals identifying as Some Other Race in Independence charter township exhibit the lowest median household income at $37,381 among the identified racial categories.

What is the median household income for White households in Independence charter Township, Michigan?

In Independence charter township, the median household income for the households where the householder is White increased by $12,945(13.70%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $94,502 in 2011 and $107,447 in 2021.

What is the median household income for Black or African American households in Independence charter Township, Michigan?

In Independence charter township, the median household income for Black or African American households was $78,659 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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