Age of householder
Per the latest American Community Survey by the Census Bureau, Deerfield town sees its highest median household income among householders in the age group of 45 to 64 years old, at $115,880. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Deerfield town, the median household income stands at $115,880 for householders within the 45 to 64 years age group, followed by $106,965 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 $104,938.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $44,191(72.75%), escalating from a median of $60,747 in 2011 to $104,938 in 2021.
- 8(1.35%) households where the householder is under 25 years old.
- 154(25.97%) households with a householder aged between 25 and 44 years.
- 278(46.88%) households with a householder aged between 45 and 64 years.
- 153(25.80%) households where the householder is over 65 years old.
Read more about Deerfield Town, Dane County, Wisconsin median household income by age ➔
Gender
In Deerfield town, the population consists of 987 males (57.05%) and 743 females (42.95%). Here are the primary highlights from the gender-based income distribution analysis:
- In Deerfield town, the median income for all workers aged 15 years and older, regardless of work hours, was $52,019 for males and $45,789 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $56,430 for males and $56,325 for females.
- In Deerfield town, the median income for all workers aged 15 years and older, regardless of work hours, was $52,019 for males and $45,789 for females.
- In Deerfield town, for all full-time workers aged 15 years and older, the median income was equal at, $56,325 for both males and females. This indicates a gender income balance in Deerfield town, where both men and women, in full-time year-round roles, earn an equal income.
Read more about Deerfield Town, Dane County, Wisconsin income by gender ➔
Race
In Deerfield town, the population is predominantly White, constituting 93.53% 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 $112,145.
- In Deerfield town, White is both the largest group and the one with the highest median household income, which stands at $112,145.
- In Deerfield town, the median household income for the households where the householder is White decreased by $1,262(1.11%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $113,407 in 2011 and $112,145 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 Deerfield Town, Dane County, Wisconsin median household income by race ➔
Year by year
Deerfield Town, Dane County, Wisconsin median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Deerfield town decreased by $6,771 (5.77%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 5 years and declined for 6 years.
- The most significant year-by-year growth occured from 2013 to 2014, when the median household income increased by 5,843 (from $103,189 to $109,032). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 8,225 (from $113,029 to $104,804).
- It then further increased to $140,969 for 6-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4254, it is evident that income distribution in Deerfield Town, Dane County, Wisconsin exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $120,402. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $72,511.
Read more about Deerfield Town, Dane County, Wisconsin median household income ➔