Age of householder
Per the latest American Community Survey by the Census Bureau, Center Creek township sees its highest median household income among householders in the age group of 45 to 64 years old, at $182,404. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Center Creek township, the median household income stands at $182,404 for householders within the 45 to 64 years age group, followed by $120,251 for the 25 to 44 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $52,357.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $119,205(188.62%), escalating from a median of $63,199 in 2011 to $182,404 in 2021.
- 0 households where the householder is under 25 years old.
- 13(18.57%) households with a householder aged between 25 and 44 years.
- 24(34.29%) households with a householder aged between 45 and 64 years.
- 33(47.14%) households where the householder is over 65 years old.
Read more about Center Creek Township, Minnesota median household income by age ➔
Gender
In Center Creek township, the population consists of 90 males (51.72%) and 84 females (48.28%). Here are the primary highlights from the gender-based income distribution analysis:
- In Center Creek township, the median income for all workers aged 15 years and older, regardless of work hours, was $52,965 for males and $27,833 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $61,072 for males and $58,099 for females.
- In Center Creek township, the median income for all workers aged 15 years and older, regardless of work hours, was $52,965 for males and $27,833 for females.
- In Center Creek township, among full-time, year-round workers aged 15 years and older, males earned a median income of $61,072, while females earned $58,099, resulting in a 5% gender pay gap among full-time workers. This illustrates that women earn 95 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the township of Center Creek township.
Read more about Center Creek Township, Minnesota income by gender ➔
Race
In Center Creek township, the population is predominantly White, constituting 90.23% 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 $88,162.
- In Center Creek township, White is both the largest group and the one with the highest median household income, which stands at $88,162.
- In Center Creek township, the median household income for the households where the householder is White increased by $21,149(31.56%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $67,013 in 2011 and $88,162 in 2021.
- Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
Read more about Center Creek Township, Minnesota median household income by race ➔
Year by year
Center Creek Township, Minnesota median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Center Creek township increased by $24,830 (39%), 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 8,057 (from $84,757 to $92,814). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 11,216 (from $99,716 to $88,500).
- It then further increased to $162,812 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4206, it is evident that income distribution in Center Creek Township, Minnesota exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $102,011. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $53,033.
Read more about Center Creek Township, Minnesota median household income ➔