Age of householder
Per the latest American Community Survey by the Census Bureau, Barnett township sees its highest median household income among householders in the age group of 25 to 44 years old, at $95,562. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Barnett township, the median household income stands at $95,562 for householders within the 25 to 44 years age group, followed by $54,046 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 $41,345.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $33,860(54.88%), escalating from a median of $61,702 in 2011 to $95,562 in 2021.
- 0 households where the householder is under 25 years old.
- 14(8.43%) households with a householder aged between 25 and 44 years.
- 58(34.94%) households with a householder aged between 45 and 64 years.
- 94(56.63%) households where the householder is over 65 years old.
Read more about Barnett township, Forest County, Pennsylvania median household income by age ➔
Gender
In Barnett township, the population consists of 150 males (49.67%) and 152 females (50.33%). Here are the primary highlights from the gender-based income distribution analysis:
- In Barnett township, the median income for all workers aged 15 years and older, regardless of work hours, was $37,982 for males and $16,574 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $44,250 for males and $29,950 for females.
- In Barnett township, the median income for all workers aged 15 years and older, regardless of work hours, was $37,982 for males and $16,574 for females.
- In Barnett township, among full-time, year-round workers aged 15 years and older, males earned a median income of $44,250, while females earned $29,950, leading to a 32% gender pay gap among full-time workers. This illustrates that women earn 68 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.
Read more about Barnett township, Forest County, Pennsylvania income by gender ➔
Race
In Barnett 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 $46,770.
- In Barnett township, White is both the largest group and the one with the highest median household income, which stands at $46,770.
- In Barnett township, the median household income for the households where the householder is White decreased by $630(1.33%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $47,400 in 2011 and $46,770 in 2021.
- As per the U.S. Census Bureau population data, in Barnett 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
Barnett township, Forest County, Pennsylvania median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Barnett township increased by $2,918 (6.65%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
- The most significant year-by-year growth occured from 2020 to 2021, when the median household income increased by 4,592 (from $42,178 to $46,770). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 3,132 (from $48,260 to $45,128).
- It then further increased to $82,420 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.36, it is evident that income distribution in Barnett township, Forest County, Pennsylvania exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $58,099. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $32,878.
Read more about Barnett township, Forest County, Pennsylvania median household income ➔