Age of householder
Per the latest American Community Survey by the Census Bureau, Beaulieu township sees its highest median household income among householders in the age group of 45 to 64 years old, at $44,588. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Beaulieu township, where there exist only two delineated age groups, the median household income is $44,588 for householders within the 45 to 64 years age group, compared to $31,076 for the 65 years and over age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $10,381(30.35%), escalating from a median of $34,207 in 2011 to $44,588 in 2021.
- 2(6.67%) households where the householder is under 25 years old.
- 8(26.67%) households with a householder aged between 25 and 44 years.
- 10(33.33%) households with a householder aged between 45 and 64 years.
- 10(33.33%) households where the householder is over 65 years old.
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Gender
In Beaulieu township, the population consists of 42 males (51.22%) and 40 females (48.78%). Here are the primary highlights from the gender-based income distribution analysis:
- In Beaulieu township, the median income for all workers aged 15 years and older, regardless of work hours, was $21,618 for males and $27,563 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $41,885 for males and $34,454 for females.
- In Beaulieu township, the median income for all workers aged 15 years and older, regardless of work hours, was $21,618 for males and $27,563 for females.
- In Beaulieu township, among full-time, year-round workers aged 15 years and older, males earned a median income of $41,885, while females earned $34,454, leading to a 18% gender pay gap among full-time workers. This illustrates that women earn 82 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.
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Race
In Beaulieu township, the population is predominantly White, constituting 34.15% 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 not available from the U.S. Census Bureau, possibly due to insufficient sample size, confidentiality or privacy constraints..
- In Beaulieu township, despite the White 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 American Indian and Alaska Native households actually reports the highest median household income, with a median income of $52,694. This reveals that, while Whites may be the most numerous in Beaulieu township, American Indian and Alaska Native households experience greater economic prosperity in terms of median household income.
- In Beaulieu township, the median household income for White households was $32,508 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- As per the U.S. Census Bureau population data, in Beaulieu 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
Beaulieu Township, Minnesota median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Beaulieu township increased by $1,477 (4.06%), 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 2016 to 2017, when the median household income increased by 21,118 (from $40,260 to $61,378). Similarly the most substantial year-by-year decline occured from 2018 to 2019, when the median household income decreased by 18,330 (from $62,106 to $43,776).
- It then further increased to $52,019 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4381, it is evident that income distribution in Beaulieu Township, Minnesota exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $40,804.
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