Bois Blanc Township, Michigan Income

The inflation-adjusted median household income in Bois Blanc township was $74,763, based on U.S. Census Bureau ACS estimates.
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Updated Dec 15, 2023
Overview
$74,763
Median household income
0.2877
Gini coefficient
65 years and over ($68,457)
Highest median income age group
$NA
Income of top 5%

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

Age of householder

Per the latest American Community Survey by the Census Bureau, Bois Blanc township sees its highest median household income among householders in the age group of 65 years and over old, at $68,457. Here are the key highlights for income distribution by age:

  • In terms of income distribution across age cohorts, Bois Blanc township only reports a median household income of $68,457 among householders in 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 $26,778(64.25%), escalating from a median of $41,679 in 2011 to $68,457 in 2021.
  • 0 households where the householder is under 25 years old.
  • 4(16.67%) households with a householder aged between 25 and 44 years.
  • 4(16.67%) households with a householder aged between 45 and 64 years.
  • 16(66.67%) households where the householder is over 65 years old.
The bar chart shows Bois Blanc Township, Michigan median household income by age of householder. All incomes have been adjusted for 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).
Bois Blanc Township, Michigan median household income by age of householder: It offers a clear illustration of the differences in median household incomes in Bois Blanc township, based on the age of householders divided into four cohorts : Under 25 years, 25 - 44 years, 45 to 64 years and 65 years and over. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Bois Blanc Township, Michigan median household income by age ➔

Gender

In Bois Blanc township, the population consists of 21 males (41.18%) and 30 females (58.82%). Here are the primary highlights from the gender-based income distribution analysis:

  • In Bois Blanc township, the median income for all workers aged 15 years and older, regardless of work hours, was $49,092 for males and $29,274 for females.
  • However, when specifically considering full-time, year-round workers within the same age group, the Census Bureau did not report the median income for both males and females due to an insufficient number of sample observations.
  • In Bois Blanc township, the median income for all workers aged 15 years and older, regardless of work hours, was $49,092 for males and $29,274 for females.
  • In Bois Blanc township, for full-time, year-round workers aged 15 years and older, the Census Bureau did not report the median income for both males and females due to an insufficient number of sample observations.
Line chart showing the annual median income trends in Bois Blanc Township, Michigan for males and females across four employment categories: (1) Males in full-time year-round positions, (2) Males in non-full-time roles (part-time and other employment types), (3) Females in full-time year-round positions, and (4) Females in non-full-time roles (part-time and other employment types).
Bois Blanc Township, Michigan gender based income disparity: Gain insights into gender-based pay disparity trends and explore the variations in income for male and female individuals, in 2022 inflation adjusted dollars. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Bois Blanc Township, Michigan income by gender ➔

Race

In Bois Blanc 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 $74,763.
  • In Bois Blanc township, White is both the largest group and the one with the highest median household income, which stands at $74,763.
  • In Bois Blanc township, the median household income for the households where the householder is White increased by $30,632(69.41%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $44,131 in 2011 and $74,763 in 2021.
  • As per the U.S. Census Bureau population data, in Bois Blanc 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.
The bar chart shows Bois Blanc Township, Michigan median household income across all racial categories identified by the U.S. Census Bureau.
Bois Blanc Township, Michigan median household income diversity across racial categories: Gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Bois Blanc Township, Michigan median household income by race ➔

Year by year

Bois Blanc Township, Michigan median household income trends by year, family type and household size (2010-2021):

  • From 2010 to 2021, the median household income for Bois Blanc township increased by $22,478 (42.99%), 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 2018 to 2019, when the median household income increased by 10,187 (from $45,789 to $55,976). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 9,135 (from $52,285 to $43,150).
  • Additionally, the Census Bureau did not report a median household income for larger household sizes.
  • With a Gini coefficient of 0.2877, it is evident that income distribution in Bois Blanc Township, Michigan exihibits characterstics of moderate equality .
  • NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $38,718.
The line chart shows Bois Blanc Township, Michigan median household income from 2010 to 2021. The orange line represents Census Bureau data for median household income (without adjusting for any inflation), while the blue line shows inflation-adjusted median household income for 2022.
Bois Blanc Township, Michigan median household income trends: 2010 to 2021. The chart illustrates income fluctuations over the years, highlighting the impact of inflation on economic trends. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Read more about Bois Blanc Township, Michigan median household income ➔

References

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Median household income of places that contain Bois Blanc township (in 2022 dollars)
Insights for Bois Blanc township, by topic

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