Age of householder
Per the latest American Community Survey by the Census Bureau, Ashland town sees its highest median household income among householders in the age group of 65 years and over old, at $98,247. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Ashland town, the median household income stands at $98,247 for householders within the 65 years and over age group, followed by $79,621 for the 25 to 44 years age group. Notably, householders within the 45 to 64 years age group, had the lowest median household income at $50,186.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $51,937(112.15%), escalating from a median of $46,310 in 2011 to $98,247 in 2021.
- 0 households where the householder is under 25 years old.
- 41(14.04%) households with a householder aged between 25 and 44 years.
- 142(48.63%) households with a householder aged between 45 and 64 years.
- 109(37.33%) households where the householder is over 65 years old.
Read more about Ashland Town, Greene County, New York median household income by age ➔
Gender
In Ashland town, the population consists of 377 males (55.36%) and 304 females (44.64%). Here are the primary highlights from the gender-based income distribution analysis:
- In Ashland town, the median income for all workers aged 15 years and older, regardless of work hours, was $41,692 for males and $29,388 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $49,655 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Ashland town, the median income for all workers aged 15 years and older, regardless of work hours, was $41,692 for males and $29,388 for females.
- In Ashland town, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $49,655 for males, while data for females was unavailable due to an insufficient number of sample observations.
Read more about Ashland Town, Greene County, New York income by gender ➔
Race
In Ashland town, the population is predominantly White, constituting 96.92% 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 $55,889.
- In Ashland town, White is both the largest group and the one with the highest median household income, which stands at $55,889.
- In Ashland town, the median household income for the households where the householder is White increased by $8,489(17.91%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $47,400 in 2011 and $55,889 in 2021.
- Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
Read more about Ashland Town, Greene County, New York median household income by race ➔
Year by year
Ashland Town, Greene County, New York median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Ashland town increased by $30,420 (62.19%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 8 years and declined for 3 years.
- The most significant year-by-year growth occured from 2020 to 2021, when the median household income increased by 14,580 (from $64,751 to $79,331). Similarly the most substantial year-by-year decline occured from 2016 to 2017, when the median household income decreased by 5,897 (from $61,287 to $55,390).
- It then further increased to $81,293 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3614, it is evident that income distribution in Ashland Town, Greene County, New York exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $81,969. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $78,945.
Read more about Ashland Town, Greene County, New York median household income ➔