All incomes in 2022 inflation-adjusted dollars using R-CPI-U-RS. Sources: U.S. Census Bureau, American Community Survey (ACS) 2017-2021 5-Year Estimates
TABLE OF CONTENTS
Age of householder
Per the latest American Community Survey by the Census Bureau, Battle Plain township sees its highest median household income among householders in the age group of 65 years and over old, at $109,442. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Battle Plain township, the median household income stands at $109,442 for householders within the 65 years and over age group, followed by $98,633 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 $65,530.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $77,243(239.89%), escalating from a median of $32,199 in 2011 to $109,442 in 2021.
- 0 households where the householder is under 25 years old.
- 21(31.34%) households with a householder aged between 25 and 44 years.
- 20(29.85%) households with a householder aged between 45 and 64 years.
- 26(38.81%) households where the householder is over 65 years old.
Read more about Battle Plain Township, Minnesota median household income by age ➔
Gender
In Battle Plain township, the population consists of 88 males (50.00%) and 88 females (50.00%). Here are the primary highlights from the gender-based income distribution analysis:
- In Battle Plain township, the median income for all workers aged 15 years and older, regardless of work hours, was $65,665 for males and $26,753 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $66,476 for males and $68,233 for females.
- In Battle Plain township, the median income for all workers aged 15 years and older, regardless of work hours, was $65,665 for males and $26,753 for females.
- In Battle Plain township, among full-time, year-round workers aged 15 years and older, males earned a median income of $66,476, while females earned $68,233
Read more about Battle Plain Township, Minnesota income by gender ➔
Race
In Battle Plain 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 $93,904.
- In Battle Plain township, White is both the largest group and the one with the highest median household income, which stands at $93,904.
- In Battle Plain township, the median household income for the households where the householder is White increased by $17,084(22.24%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $76,820 in 2011 and $93,904 in 2021.
- As per the U.S. Census Bureau population data, in Battle Plain 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.
Read more about Battle Plain Township, Minnesota median household income by race ➔
Year by year
Battle Plain Township, Minnesota median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Battle Plain township increased by $35,506 (60.80%), 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 2013 to 2014, when the median household income increased by 26,207 (from $73,074 to $99,281). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 24,587 (from $97,661 to $73,074).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.3867, it is evident that income distribution in Battle Plain Township, Minnesota exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $32,427.
Read more about Battle Plain Township, Minnesota median household income ➔
References
- U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)