Old Bridge Township, New Jersey median household income diversity
Based on our analysis of the distribution of Old Bridge township population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 67.47% of the total residents in Old Bridge township. Notably, the median household income for White households is $105,824.
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 $153,142. This reveals that, while Whites may be the most numerous in Old Bridge 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 Old Bridge 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 $153,142. Two or More Races households have a median income of approximately $133,725. White households have a median income of approximately $105,824. Conversely, Black or African American households reveal the lowest median income at $60,618. These disparities underscore the varied income distribution within the township of Old Bridge township.
Old Bridge 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 Old Bridge township, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the township of Old Bridge township.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Old Bridge township, the median household income for the households where the householder is White increased by $1,205(1.15%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $104,619 in 2012 and $105,824 in 2022.
- Black or African American: In Old Bridge township, the median household income for the households where the householder is Black or African American decreased by $14,138(18.91%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $74,756 in 2012 and $60,618 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 Old Bridge township, the median household income for the households where the householder is Asian increased by $23,020(17.69%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $130,122 in 2012 and $153,142 in 2022.
- Native Hawaiian and Other Pacific Islander: According to the U.S. Census Bureau population data for Old Bridge 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 Old Bridge township, the median household income for Some other race households was $96,735 in 2012(2022 inflation-adjusted dollars). However there is no reported data for 2022, indicating a lack of information for this specific year.
- Two or more races (multiracial): In Old Bridge township, the median household income for the households where the householder is multiracial increased by $24,722(22.68%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $109,003 in 2012 and $133,725 in 2022.
- Above analysis reconfirms that there are 4 race households in Old Bridge township. Households are categorized based on the self-identified race of the head of household.
Old Bridge 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 | $108,157 | $104,692 | $104,619 | $103,369 | $97,628 | $94,909 | $90,865 | $112,762 | $99,776 | $116,417 | N/A | $105,720 | $105,824 |
| Black or African American | $162,290 | $64,182 | $74,756 | $96,310 | $67,784 | $99,490 | $183,698 | $98,656 | $77,710 | $76,130 | N/A | $186,146 | $60,618 |
| Asian | $124,073 | $127,028 | $130,122 | $159,120 | $158,769 | $125,041 | $146,629 | $111,750 | $105,331 | $116,299 | N/A | $170,276 | $153,142 |
| Some Other Race | $244,070 | $87,622 | $96,735 | N/A | $119,229 | $88,742 | $141,661 | $105,839 | $97,932 | N/A | N/A | $35,077 | N/A |
| Two or More Races | $49,458 | $123,171 | $109,003 | $127,655 | $188,285 | N/A | $150,827 | $104,368 | $117,388 | $201,439 | N/A | $70,898 | $133,725 |
Key observations: Households with multiracial householders witnessed significant growth in median household income, marking an impressive increase of $24,722. On the other hand, households where householder is Some other race experienced a notable decline, with a decrease of $96,735 in median income.