Age of householder
Per the latest American Community Survey by the Census Bureau, Blue Hill town sees its highest median household income among householders in the age group of 45 to 64 years old, at $79,103. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Blue Hill town, the median household income stands at $79,103 for householders within the 45 to 64 years age group, followed by $56,598 for the 65 years and over age group. Notably, householders within the 25 to 44 years age group, had the lowest median household income at $48,095.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $15,344(37.19%), escalating from a median of $41,254 in 2011 to $56,598 in 2021.
- 0 households where the householder is under 25 years old.
- 377(30.70%) households with a householder aged between 25 and 44 years.
- 412(33.55%) households with a householder aged between 45 and 64 years.
- 439(35.75%) households where the householder is over 65 years old.
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Gender
In Blue Hill town, the population consists of 1,259 males (45.03%) and 1,537 females (54.97%). Here are the primary highlights from the gender-based income distribution analysis:
- In Blue Hill town, the median income for all workers aged 15 years and older, regardless of work hours, was $50,474 for males and $30,308 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $50,233 for males and $58,498 for females.
- In Blue Hill town, the median income for all workers aged 15 years and older, regardless of work hours, was $50,474 for males and $30,308 for females.
- In Blue Hill town, among full-time, year-round workers aged 15 years and older, males earned a median income of $50,233, while females earned $58,498
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Race
In Blue Hill town, the population is predominantly White, constituting 92.92% 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 $57,682.
- In Blue Hill town, White is both the largest group and the one with the highest median household income, which stands at $57,682.
- In Blue Hill town, the median household income for the households where the householder is White decreased by $2,937(4.85%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $60,619 in 2011 and $57,682 in 2021.
- As per the U.S. Census Bureau population data, in Blue Hill town, 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
Blue Hill, Maine median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Blue Hill town decreased by $1,682 (2.82%), 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 2014 to 2015, when the median household income increased by 20,723 (from $41,430 to $62,153). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 29,732 (from $79,327 to $49,595).
- It then further increased to $76,255 for 2-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4499, it is evident that income distribution in Blue Hill, Maine exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $31,002.
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