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, Brookfield town sees its highest median household income among householders in the age group of 45 to 64 years old, at $79,717. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Brookfield town, householders within the 45 to 64 years age group have the highest median household income at $79,717, followed by those in the 25 to 44 years age group with an income of $66,731. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $55,590. Notably, householders within the under 25 years age group, had the lowest median household income at $31,752.
- Notably, household income for individuals within the Under 25 years age group demonstrated a remarkable increase of $28,484(871.60%), escalating from a median of $3,268 in 2011 to $31,752 in 2021.
- 9(1.19%) households where the householder is under 25 years old.
- 149(19.76%) households with a householder aged between 25 and 44 years.
- 346(45.89%) households with a householder aged between 45 and 64 years.
- 250(33.16%) households where the householder is over 65 years old.
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Gender
In Brookfield town, the population consists of 1,203 males (55.54%) and 963 females (44.46%). Here are the primary highlights from the gender-based income distribution analysis:
- In Brookfield town, the median income for all workers aged 15 years and older, regardless of work hours, was $37,897 for males and $31,346 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $47,895 for males and $53,775 for females.
- In Brookfield town, the median income for all workers aged 15 years and older, regardless of work hours, was $37,897 for males and $31,346 for females.
- In Brookfield town, among full-time, year-round workers aged 15 years and older, males earned a median income of $47,895, while females earned $53,775
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Race
In Brookfield town, the population is predominantly White, constituting 97.37% 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 $67,943.
- In Brookfield town, White is both the largest group and the one with the highest median household income, which stands at $67,943.
- In Brookfield town, the median household income for the households where the householder is White increased by $15,849(30.42%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $52,094 in 2011 and $67,943 in 2021.
- As per the U.S. Census Bureau population data, in Brookfield 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
Brookfield, New York median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Brookfield town increased by $13,564 (24.77%), 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 2017 to 2018, when the median household income increased by 7,613 (from $52,396 to $60,009). Similarly the most substantial year-by-year decline occured from 2016 to 2017, when the median household income decreased by 4,827 (from $57,223 to $52,396).
- It then further increased to $48,557 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3655, it is evident that income distribution in Brookfield, New York exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $72,793. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $36,081.
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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)