Age of householder
Per the latest American Community Survey by the Census Bureau, Dover-Foxcroft town sees its highest median household income among householders in the age group of under 25 years old, at $84,671. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Dover-Foxcroft town, householders within the under 25 years age group have the highest median household income at $84,671, followed by those in the 45 to 64 years age group with an income of $49,429. Meanwhile householders within the 25 to 44 years age group report the second lowest median household income of $48,304. Notably, householders within the 65 years and over age group, had the lowest median household income at $42,709.
- Notably, household income for individuals within the Under 25 years age group demonstrated a remarkable increase of $47,524(127.93%), escalating from a median of $37,147 in 2011 to $84,671 in 2021.
- 54(3.05%) households where the householder is under 25 years old.
- 428(24.14%) households with a householder aged between 25 and 44 years.
- 587(33.11%) households with a householder aged between 45 and 64 years.
- 704(39.71%) households where the householder is over 65 years old.
Read more about Dover-Foxcroft, Maine median household income by age ➔
Gender
In Dover-Foxcroft town, the population consists of 1,977 males (45.91%) and 2,329 females (54.09%). Here are the primary highlights from the gender-based income distribution analysis:
- In Dover-Foxcroft town, the median income for all workers aged 15 years and older, regardless of work hours, was $38,732 for males and $25,191 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $55,998 for males and $47,088 for females.
- In Dover-Foxcroft town, the median income for all workers aged 15 years and older, regardless of work hours, was $38,732 for males and $25,191 for females.
- In Dover-Foxcroft town, among full-time, year-round workers aged 15 years and older, males earned a median income of $55,998, while females earned $47,088, leading to a 16% gender pay gap among full-time workers. This illustrates that women earn 84 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.
Read more about Dover-Foxcroft, Maine income by gender ➔
Race
In Dover-Foxcroft town, the population is predominantly White, constituting 90.01% 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 $47,935.
- In Dover-Foxcroft town, White is both the largest group and the one with the highest median household income, which stands at $47,935.
- In Dover-Foxcroft town, the median household income for the households where the householder is White decreased by $5,873(10.91%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $53,808 in 2011 and $47,935 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 Dover-Foxcroft, Maine median household income by race ➔
Year by year
Dover-Foxcroft, Maine median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Dover-Foxcroft town decreased by $8,982 (15.59%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 3 years and declined for 8 years.
- The most significant year-by-year growth occured from 2020 to 2021, when the median household income increased by 6,849 (from $41,777 to $48,626). Similarly the most substantial year-by-year decline occured from 2017 to 2018, when the median household income decreased by 5,477 (from $51,453 to $45,976).
- It then further increased to $104,142 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4925, it is evident that income distribution in Dover-Foxcroft, Maine exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $61,350. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $19,899.
Read more about Dover-Foxcroft, Maine median household income ➔