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, Clow township sees its highest median household income among householders in the age group of 65 years and over old, at $98,633. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Clow township only reports a median household income of $98,633 among householders in the 65 years and over age group.
- 0 households where the householder is under 25 years old.
- 3(12%) households with a householder aged between 25 and 44 years.
- 14(56%) households with a householder aged between 45 and 64 years.
- 8(32%) households where the householder is over 65 years old.
Read more about Clow Township, Minnesota median household income by age ➔
Gender
In Clow township, the population consists of 21 males (34.43%) and 40 females (65.57%). Here are the primary highlights from the gender-based income distribution analysis:
- In Clow township, the median income for all workers aged 15 years and older, regardless of work hours, was $34,195 for males and $28,149 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $34,195 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Clow township, the median income for all workers aged 15 years and older, regardless of work hours, was $34,195 for males and $28,149 for females.
- In Clow township, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $34,195 for males, while data for females was unavailable due to an insufficient number of sample observations.
Read more about Clow Township, Minnesota income by gender ➔
Race
In Clow 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 $72,234.
- In Clow township, White is both the largest group and the one with the highest median household income, which stands at $72,234.
- In Clow township, the median household income for the households where the householder is White decreased by $41,090(36.26%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $113,324 in 2011 and $72,234 in 2021.
- As per the U.S. Census Bureau population data, in Clow 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 Clow Township, Minnesota median household income by race ➔
Year by year
Clow Township, Minnesota median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Clow township decreased by $114,979 (61.42%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 1 years and declined for 10 years.
- The most significant year-by-year growth occured from 2011 to 2012, when the median household income increased by 9,953 (from $113,324 to $123,277). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 73,889 (from $187,213 to $113,324).
- NA
- With a Gini coefficient of 0.1426, it is evident that income distribution in Clow Township, Minnesota exihibits characterstics of high equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $40,499.
Read more about Clow Township, 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)