Age of householder
Per the latest American Community Survey by the Census Bureau, Easton town sees its highest median household income among householders in the age group of 25 to 44 years old, at $81,545. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Easton town, where there exist only two delineated age groups, the median household income is $81,545 for householders within the 25 to 44 years age group, compared to $40,780 for the 65 years and over age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $20,048(32.60%), escalating from a median of $61,497 in 2011 to $81,545 in 2021.
- 14(2.36%) households where the householder is under 25 years old.
- 108(18.18%) households with a householder aged between 25 and 44 years.
- 192(32.32%) households with a householder aged between 45 and 64 years.
- 280(47.14%) households where the householder is over 65 years old.
Read more about Easton, Maine median household income by age ➔
Gender
In Easton town, the population consists of 834 males (57.36%) and 620 females (42.64%). Here are the primary highlights from the gender-based income distribution analysis:
- In Easton town, the median income for all workers aged 15 years and older, regardless of work hours, was $26,677 for males and $24,254 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $42,696 for males and $45,192 for females.
- In Easton town, the median income for all workers aged 15 years and older, regardless of work hours, was $26,677 for males and $24,254 for females.
- In Easton town, among full-time, year-round workers aged 15 years and older, males earned a median income of $42,696, while females earned $45,192
Read more about Easton, Maine income by gender ➔
Race
In Easton town, the population is predominantly White, constituting 94.91% 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 $46,614.
- In Easton town, White is both the largest group and the one with the highest median household income, which stands at $46,614.
- In Easton town, the median household income for the households where the householder is White decreased by $1,113(2.33%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $47,727 in 2011 and $46,614 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 Easton, Maine median household income by race ➔
Year by year
Easton, Maine median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Easton town decreased by $3,860 (7.53%), 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 7,980 (from $48,449 to $56,429). Similarly the most substantial year-by-year decline occured from 2018 to 2019, when the median household income decreased by 8,231 (from $56,429 to $48,198).
- It then further increased to $101,336 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4524, it is evident that income distribution in Easton, Maine exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $77,629. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $20,623.
Read more about Easton, Maine median household income ➔