Age of householder
Per the latest American Community Survey by the Census Bureau, Atlanta township sees its highest median household income among householders in the age group of 65 years and over old, at $252,123. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Atlanta township, the median household income stands at $252,123 for householders within the 65 years and over age group, followed by $173,846 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 $66,657.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $204,723(431.91%), escalating from a median of $47,400 in 2011 to $252,123 in 2021.
- 1(1.96%) households where the householder is under 25 years old.
- 10(19.61%) households with a householder aged between 25 and 44 years.
- 10(19.61%) households with a householder aged between 45 and 64 years.
- 30(58.82%) households where the householder is over 65 years old.
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Gender
In Atlanta township, the population consists of 73 males (44.24%) and 92 females (55.76%). Here are the primary highlights from the gender-based income distribution analysis:
- In Atlanta township, while the Census reported a median income of $102,687 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- However, when specifically considering full-time, year-round workers within the same age group, the Census reported a median income of $52,019 for females, while data for males was unavailable due to an insufficient number of sample observations.
- In Atlanta township, while the Census reported a median income of $102,687 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- In Atlanta township, for full-time, year-round workers aged 15 years and older, the Census reported a median income of $52,019 for females, while data for males was unavailable due to an insufficient number of sample observations.
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Race
In Atlanta township, the population is predominantly some other race, constituting 56.97% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for some other race households is not available from the U.S. Census Bureau, possibly due to insufficient sample size, confidentiality or privacy constraints..
- In Atlanta township, despite the some other race population being the most populous, there is no income data available in the latest American Community Survey for it. Based on analysis from all of the data that is available, it is worth noting that White households actually reports the highest median household income, with a median income of $71,610. This reveals that, while some other races may be the most numerous in Atlanta township, White households experience greater economic prosperity in terms of median household income.
- In Atlanta township, the median household income for the households where the householder is White decreased by $2,758(3.71%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $74,368 in 2011 and $71,610 in 2021.
- As per the U.S. Census Bureau population data, in Atlanta 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
Atlanta Township, Minnesota median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Atlanta township increased by $98,738 (130.09%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 5 years and declined for 6 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 141,418 (from $111,951 to $253,369). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 78,734 (from $253,369 to $174,635).
- It then further increased to $174,748 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3266, it is evident that income distribution in Atlanta Township, Minnesota exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $0.
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