Age of householder
Per the latest American Community Survey by the Census Bureau, Delaware Water Gap sees its highest median household income among householders in the age group of 25 to 44 years old, at $78,366. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Delaware Water Gap, the median household income stands at $78,366 for householders within the 25 to 44 years age group, followed by $62,963 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $59,720.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $9,869(19.80%), escalating from a median of $49,851 in 2011 to $59,720 in 2021.
- 28(9.27%) households where the householder is under 25 years old.
- 46(15.23%) households with a householder aged between 25 and 44 years.
- 137(45.36%) households with a householder aged between 45 and 64 years.
- 91(30.13%) households where the householder is over 65 years old.
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Gender
In Delaware Water Gap, the population consists of 353 males (56.12%) and 276 females (43.88%). Here are the primary highlights from the gender-based income distribution analysis:
- In Delaware Water Gap, the median income for all workers aged 15 years and older, regardless of work hours, was $51,682 for males and $46,107 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $63,053 for males and $61,252 for females.
- In Delaware Water Gap, the median income for all workers aged 15 years and older, regardless of work hours, was $51,682 for males and $46,107 for females.
- In Delaware Water Gap, among full-time, year-round workers aged 15 years and older, males earned a median income of $63,053, while females earned $61,252, resulting in a 3% gender pay gap among full-time workers. This illustrates that women earn 97 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 borough of Delaware Water Gap.
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Race
In Delaware Water Gap, the population is predominantly White, constituting 86.01% 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 $71,949.
- In Delaware Water Gap, White is both the largest group and the one with the highest median household income, which stands at $71,949.
- In Delaware Water Gap, the median household income for the households where the householder is White increased by $3,165(4.60%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $68,784 in 2011 and $71,949 in 2021.
- In Delaware Water Gap, the median household income for Black or African American households was $326,895 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
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Year by year
Delaware Water Gap, PA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Delaware Water Gap increased by $12,412 (20.73%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 6 years and declined for 5 years.
- The most significant year-by-year growth occured from 2017 to 2018, when the median household income increased by 12,370 (from $67,151 to $79,521). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 12,702 (from $69,737 to $57,035).
- It then further increased to $121,152 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4175, it is evident that income distribution in Delaware Water Gap, PA exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $101,842. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $54,796.
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