Median Household Income by Racial Categories in Old Bridge Township, New Jersey , in 2023 inflation-adjusted dollars
This table presents the median household income across different racial categories in Old Bridge 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 | $104,188 |
| Black or African American | $77,639 |
| Asian | $122,891 |
| Some Other Race | $49,444 |
| Two or More Races | $87,680 |
TABLE OF CONTENTS
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 62.31% of the total residents in Old Bridge township. Notably, the median household income for White households is $104,188.
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 $122,891. 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. All incomes have been adjusted for 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).
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 $122,891. White households have a median income of approximately $104,188. Two or More Races households have a median income of approximately $87,680. Black or African American households have a median income of approximately $77,639. Conversly, Some Other Race households reveal the lowest median income at $49,444. 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 decreased by $5,838(5.31%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $110,026 in 2013 and $104,188 in 2023.
- 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 $3,977(4.87%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $81,616 in 2013 and $77,639 in 2023.
- 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 2013 and 2023.
- Asian: In Old Bridge township, the median household income for the households where the householder is Asian decreased by $24,592(16.67%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $147,483 in 2013 and $122,891 in 2023.
- 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 the households where the householder is Some other race decreased by $66,718(57.44%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $116,162 in 2013 and $49,444 in 2023.
- Two or more races (multiracial): In Old Bridge township, the median household income for the households where the householder is multiracial decreased by $34,662(28.33%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $122,342 in 2013 and $87,680 in 2023.
- Above analysis reconfirms that there are 5 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 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 | $113,952 | $110,757 | $110,871 | $110,026 | $106,044 | $105,455 | $104,688 | $106,670 | $105,943 | $111,794 | $108,502 | $109,574 | $107,319 | $104,188 |
| Black or African American | $84,589 | $86,502 | $81,941 | $81,616 | $83,058 | $91,796 | $96,563 | $101,745 | $94,784 | $88,673 | $85,640 | $98,728 | $86,852 | $77,639 |
| American Indian and Alaska Native | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $298,897 | N/A | $158,347 | $105,240 | N/A |
| Asian | $150,931 | $154,554 | $141,698 | $147,483 | $140,008 | $141,431 | $147,092 | $143,941 | $130,624 | $123,743 | $111,903 | $117,363 | $129,610 | $122,891 |
| Some Other Race | $183,006 | $124,238 | $103,090 | $116,162 | $124,240 | $93,289 | $98,500 | $93,054 | $94,340 | $86,634 | $78,222 | $65,161 | $57,120 | $49,444 |
| Two or More Races | $61,466 | N/A | $116,601 | $122,342 | $122,930 | $127,961 | $130,885 | $132,976 | $124,538 | $135,590 | $87,159 | $84,827 | $77,817 | $87,680 |
Things to know
Which racial group has the highest median household income according to the Census Bureau in Old Bridge 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 Asian householders in Old Bridge township have the highest median household income at $122,891.
How does the median household income vary by race in Old Bridge Township, New Jersey?
In Old Bridge township, the median household income 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 $122,891. White households have a median income of approximately $104,188. Two or More Races households have a median income of approximately $87,680. Black or African American households have a median income of approximately $77,639. Conversly, Some Other Race households reveal the lowest median income at $49,444. These disparities underscore the varied income distribution within the township of Old Bridge township..
Which racial group has the lowest median household income according to the Census Bureau in Old Bridge 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 Old Bridge township exhibit the lowest median household income at $49,444 among the identified racial categories.
What is the median household income for White households in Old Bridge Township, New Jersey?
In Old Bridge township, the median household income for the households where the householder is White decreased by $5,838(5.31%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $110,026 in 2013 and $104,188 in 2023.
What is the median household income for Black or African American households in Old Bridge Township, New Jersey?
In Old Bridge township, the median household income for the households where the householder is Black or African American decreased by $3,977(4.87%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $81,616 in 2013 and $77,639 in 2023.
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)
