Shrewsbury Township, New Jersey Median Household Income By Race

Shrewsbury Township, New Jersey median household income diversity

Based on our analysis of the distribution of Shrewsbury township population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 49.30% of the total residents in Shrewsbury township. Notably, the median household income for White households is $90,625.

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 $139,063. This reveals that, while Whites may be the most numerous in Shrewsbury 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 Shrewsbury 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 $139,063. White households have a median income of approximately $90,625. Some Other Race households have a median income of approximately $75,750. Conversly, Black or African American households reveal the lowest median income at $60,500. These disparities underscore the varied income distribution within the township of Shrewsbury township.

Shrewsbury 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 Shrewsbury township, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the township of Shrewsbury township.

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

• White: In Shrewsbury township, the median household income for the households where the householder is White increased by $16,659(22.52%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $73,966 in 2013 and $90,625 in 2023.
• Black or African American: In Shrewsbury township, the median household income for the households where the householder is Black or African American increased by $7,801(14.80%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $52,699 in 2013 and $60,500 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 Shrewsbury township, the median household income for the households where the householder is Asian increased by $84,050(152.78%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $55,013 in 2013 and $139,063 in 2023.
• Native Hawaiian and Other Pacific Islander: According to the U.S. Census Bureau population data for Shrewsbury 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 Shrewsbury township, the median household income for the households where the householder is Some other race increased by $72,467(2207.34%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $3,283 in 2013 and $75,750 in 2023.
• Two or more races (multiracial): Even though there is a population where the householder is multiracial, there was no median household income reported by the U.S. Census Bureau for both 2013 and 2023.
• Above analysis reconfirms that there are 4 race households in Shrewsbury township. Households are categorized based on the self-identified race of the head of household.

Things to know

Which racial group has the highest median household income according to the Census Bureau in Shrewsbury 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 Shrewsbury township have the highest median household income at $139,063.

How does the median household income vary by race in Shrewsbury Township, New Jersey?

In Shrewsbury township, the median household income In Shrewsbury 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 $139,063. White households have a median income of approximately $90,625. Some Other Race households have a median income of approximately $75,750. Conversly, Black or African American households reveal the lowest median income at $60,500. These disparities underscore the varied income distribution within the township of Shrewsbury township..

Which racial group has the lowest median household income according to the Census Bureau in Shrewsbury 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 Black or African American in Shrewsbury township exhibit the lowest median household income at $60,500 among the identified racial categories.

What is the median household income for White households in Shrewsbury Township, New Jersey?

In Shrewsbury township, the median household income for the households where the householder is White increased by $16,659(22.52%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $73,966 in 2013 and $90,625 in 2023.

What is the median household income for Black or African American households in Shrewsbury Township, New Jersey?

In Shrewsbury township, the median household income for the households where the householder is Black or African American increased by $7,801(14.80%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $52,699 in 2013 and $60,500 in 2023.

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