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, Clifton township sees its highest median household income among householders in the age group of 45 to 64 years old, at $125,926. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Clifton township only reports a median household income of $125,926 among householders in the 45 to 64 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $889(0.71%), escalating from a median of $125,037 in 2011 to $125,926 in 2021.
- 0 households where the householder is under 25 years old.
- 0 households with a householder aged between 25 and 44 years.
- 14(58.33%) households with a householder aged between 45 and 64 years.
- 10(41.67%) households where the householder is over 65 years old.
Read more about Clifton township, Traverse County, Minnesota median household income by age ➔
Gender
In Clifton township, the population consists of 42 males (38.18%) and 68 females (61.82%). Here are the primary highlights from the gender-based income distribution analysis:
- In Clifton township, while the Census reported a median income of $7,137 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $113,766 for males and $122,053 for females.
- In Clifton township, while the Census reported a median income of $7,137 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations.
- In Clifton township, among full-time, year-round workers aged 15 years and older, males earned a median income of $113,766, while females earned $122,053
Read more about Clifton township, Traverse County, Minnesota income by gender ➔
Race
In Clifton 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 $125,386.
- In Clifton township, White is both the largest group and the one with the highest median household income, which stands at $125,386.
- In Clifton township, the median household income for the households where the householder is White increased by $70,631(128.99%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $54,755 in 2011 and $125,386 in 2021.
- As per the U.S. Census Bureau population data, in Clifton 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.
Read more about Clifton township, Traverse County, Minnesota median household income by race ➔
Year by year
Clifton township, Traverse County, Minnesota median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Clifton township increased by $72,539 (137.26%), 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 2011 to 2012, when the median household income increased by 39,704 (from $54,755 to $94,459). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 34,528 (from $94,459 to $59,931).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.3321, it is evident that income distribution in Clifton township, Traverse County, Minnesota exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $37,516.
Read more about Clifton township, Traverse County, Minnesota median household income ➔
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)