Age of householder
Per the latest American Community Survey by the Census Bureau, Ainsworth town sees its highest median household income among householders in the age group of 25 to 44 years old, at $104,489. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Ainsworth town, the median household income stands at $104,489 for householders within the 25 to 44 years age group, followed by $74,583 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $26,322.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $65,916(170.89%), escalating from a median of $38,573 in 2011 to $104,489 in 2021.
- 0 households where the householder is under 25 years old.
- 22(8.33%) households with a householder aged between 25 and 44 years.
- 114(43.18%) households with a householder aged between 45 and 64 years.
- 128(48.48%) households where the householder is over 65 years old.
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Gender
In Ainsworth town, the population consists of 227 males (40.46%) and 334 females (59.54%). Here are the primary highlights from the gender-based income distribution analysis:
- In Ainsworth town, the median income for all workers aged 15 years and older, regardless of work hours, was $39,377 for males and $25,146 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $68,571 for males and $68,307 for females.
- In Ainsworth town, the median income for all workers aged 15 years and older, regardless of work hours, was $39,377 for males and $25,146 for females.
- In Ainsworth town, for all full-time workers aged 15 years and older, the median income was equal at, $68,307 for both males and females. This indicates a gender income balance in Ainsworth town, where both men and women, in full-time year-round roles, earn an equal income.
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Race
In Ainsworth town, the population is predominantly White, constituting 97.33% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for White households is $39,634.
- In Ainsworth town, White is both the largest group and the one with the highest median household income, which stands at $39,634.
- In Ainsworth town, the median household income for the households where the householder is White decreased by $1,841(4.44%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $41,475 in 2011 and $39,634 in 2021.
- As per the U.S. Census Bureau population data, in Ainsworth town, there are no households where the householder is Black or African American; hence, the median household income for the Black or African American population is not applicable.
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Year by year
Ainsworth, Wisconsin median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Ainsworth town decreased by $8,040 (16.86%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 6 years and declined for 5 years.
- The most significant year-by-year growth occured from 2012 to 2013, when the median household income increased by 9,385 (from $37,535 to $46,920). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 19,148 (from $58,782 to $39,634).
- It then further increased to $157,408 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4384, it is evident that income distribution in Ainsworth, Wisconsin exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $103,078. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $25,847.
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