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, Erwin township sees its highest median household income among householders in the age group of 25 to 44 years old, at $69,873. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Erwin township, where there exist only two delineated age groups, the median household income is $69,873 for householders within the 25 to 44 years age group, compared to $29,725 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 $5,039(7.77%), escalating from a median of $64,834 in 2011 to $69,873 in 2021.
- 0 households where the householder is under 25 years old.
- 20(12.74%) households with a householder aged between 25 and 44 years.
- 85(54.14%) households with a householder aged between 45 and 64 years.
- 52(33.12%) households where the householder is over 65 years old.
![Erwin Township, Michigan median household income by age of householder The bar chart shows Erwin Township, Michigan median household income by age of householder. All incomes have been adjusted for 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).](https://i.neilsberg.com/ch/erwin-township-mi-median-household-income-by-age.jpeg)
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Gender
In Erwin township, the population consists of 167 males (48.83%) and 175 females (51.17%). Here are the primary highlights from the gender-based income distribution analysis:
- In Erwin township, while the Census reported a median income of $36,481 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $87,824 for males and $56,072 for females.
- In Erwin township, while the Census reported a median income of $36,481 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- In Erwin township, among full-time, year-round workers aged 15 years and older, males earned a median income of $87,824, while females earned $56,072, leading to a 36% gender pay gap among full-time workers. This illustrates that women earn 64 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.
![Erwin Township, Michigan gender based income disparity Line chart showing the annual median income trends in Erwin Township, Michigan for males and females across four employment categories: (1) Males in full-time year-round positions, (2) Males in non-full-time roles (part-time and other employment types), (3) Females in full-time year-round positions, and (4) Females in non-full-time roles (part-time and other employment types).](https://i.neilsberg.com/ch/erwin-township-mi-income-by-gender.jpeg)
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Race
In Erwin township, the population is predominantly White, constituting 94.15% 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 $60,801.
- In Erwin township, White is both the largest group and the one with the highest median household income, which stands at $60,801.
- In Erwin township, the median household income for the households where the householder is White decreased by $1,755(2.81%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $62,556 in 2011 and $60,801 in 2021.
- As per the U.S. Census Bureau population data, in Erwin 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.
![Erwin Township, Michigan median household income diversity across racial categories The bar chart shows Erwin Township, Michigan median household income across all racial categories identified by the U.S. Census Bureau.](https://i.neilsberg.com/ch/erwin-township-mi-median-household-income-by-race.jpeg)
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Year by year
Erwin Township, Michigan median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Erwin township increased by $1,579 (2.62%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 5,831 (from $59,325 to $65,156). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 9,322 (from $62,556 to $53,234).
- It then further increased to $87,824 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.5238, it is evident that income distribution in Erwin Township, Michigan exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $83,771. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $31,415.
![Erwin Township, Michigan median household income trend (2010-2021, in 2022 inflation-adjusted dollars) The line chart shows Erwin Township, Michigan median household income from 2010 to 2021. The orange line represents Census Bureau data for median household income (without adjusting for any inflation), while the blue line shows inflation-adjusted median household income for 2022.](https://i.neilsberg.com/ch/erwin-township-mi-median-household-income-trend.jpeg)
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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)