Age of householder
Per the latest American Community Survey by the Census Bureau, Alta Vista township sees its highest median household income among householders in the age group of 25 to 44 years old, at $95,931. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Alta Vista township, where there exist only two delineated age groups, the median household income is $95,931 for householders within the 25 to 44 years age group, compared to $61,940 for the 45 to 64 years age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $38,179(66.11%), escalating from a median of $57,752 in 2011 to $95,931 in 2021.
- 0 households where the householder is under 25 years old.
- 12(14.46%) households with a householder aged between 25 and 44 years.
- 39(46.99%) households with a householder aged between 45 and 64 years.
- 32(38.55%) households where the householder is over 65 years old.
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Gender
In Alta Vista township, the population consists of 106 males (62.72%) and 63 females (37.28%). Here are the primary highlights from the gender-based income distribution analysis:
- In Alta Vista township, the median income for all workers aged 15 years and older, regardless of work hours, was $32,127 for males and $45,263 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $32,203 for males and $43,236 for females.
- In Alta Vista township, the median income for all workers aged 15 years and older, regardless of work hours, was $32,127 for males and $45,263 for females.
- In Alta Vista township, among full-time, year-round workers aged 15 years and older, males earned a median income of $32,203, while females earned $43,236
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Race
In Alta Vista township, the population is predominantly White, constituting 100% 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 $65,869.
- In Alta Vista township, White is both the largest group and the one with the highest median household income, which stands at $65,869.
- In Alta Vista township, the median household income for the households where the householder is White decreased by $36,776(35.83%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $102,645 in 2011 and $65,869 in 2021.
- As per the U.S. Census Bureau population data, in Alta Vista township, 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
Alta Vista Township, Minnesota median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Alta Vista township decreased by $40,387 (38.01%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 3 years and declined for 8 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 4,751 (from $69,611 to $74,362). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 13,790 (from $102,645 to $88,855).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.4383, it is evident that income distribution in Alta Vista Township, Minnesota exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $36,932.
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