Age of householder
Per the latest American Community Survey by the Census Bureau, Blue Lake township sees its highest median household income among householders in the age group of 45 to 64 years old, at $83,996. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Blue Lake township, where there exist only two delineated age groups, the median household income is $83,996 for householders within the 45 to 64 years age group, compared to $52,544 for the 65 years and over age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $7,489(16.62%), escalating from a median of $45,055 in 2011 to $52,544 in 2021.
- 15(1.76%) households where the householder is under 25 years old.
- 236(27.70%) households with a householder aged between 25 and 44 years.
- 447(52.46%) households with a householder aged between 45 and 64 years.
- 154(18.08%) households where the householder is over 65 years old.
Read more about Blue Lake township, Muskegon County, Michigan median household income by age ➔
Gender
In Blue Lake township, the population consists of 1,268 males (49.09%) and 1,315 females (50.91%). Here are the primary highlights from the gender-based income distribution analysis:
- In Blue Lake township, the median income for all workers aged 15 years and older, regardless of work hours, was $32,813 for males and $21,649 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $67,344 for males and $56,748 for females.
- In Blue Lake township, the median income for all workers aged 15 years and older, regardless of work hours, was $32,813 for males and $21,649 for females.
- In Blue Lake township, among full-time, year-round workers aged 15 years and older, males earned a median income of $67,344, while females earned $56,748, leading to a 16% gender pay gap among full-time workers. This illustrates that women earn 84 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.
Read more about Blue Lake township, Muskegon County, Michigan income by gender ➔
Race
In Blue Lake township, the population is predominantly White, constituting 88.58% 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 $67,341.
- In Blue Lake township, White is both the largest group and the one with the highest median household income, which stands at $67,341.
- In Blue Lake township, the median household income for the households where the householder is White decreased by $3,799(5.34%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $71,140 in 2011 and $67,341 in 2021.
- In Blue Lake township, the median household income for Black or African American households was $49,340 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
Read more about Blue Lake township, Muskegon County, Michigan median household income by race ➔
Year by year
Blue Lake township, Muskegon County, Michigan median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Blue Lake township decreased by $3,851 (5.33%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 4 years and declined for 7 years.
- The most significant year-by-year growth occured from 2017 to 2018, when the median household income increased by 5,941 (from $59,088 to $65,029). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 5,305 (from $63,314 to $58,009).
- It then further increased to $106,740 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4306, it is evident that income distribution in Blue Lake township, Muskegon County, Michigan exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $76,195. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $28,149.
Read more about Blue Lake township, Muskegon County, Michigan median household income ➔