Age of householder
Per the latest American Community Survey by the Census Bureau, Esther township sees its highest median household income among householders in the age group of 25 to 44 years old, at $95,931. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Esther township, the median household income stands at $95,931 for householders within the 25 to 44 years age group, followed by $95,031 for the 65 years and over age group. Notably, householders within the 45 to 64 years age group, had the lowest median household income at $73,975.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $36,273(60.80%), escalating from a median of $59,658 in 2011 to $95,931 in 2021.
- 0 households where the householder is under 25 years old.
- 20(31.25%) households with a householder aged between 25 and 44 years.
- 27(42.19%) households with a householder aged between 45 and 64 years.
- 17(26.56%) households where the householder is over 65 years old.
Read more about Esther Township, Minnesota median household income by age ➔
Gender
In Esther township, the population consists of 79 males (44.13%) and 100 females (55.87%). Here are the primary highlights from the gender-based income distribution analysis:
- In Esther township, the median income for all workers aged 15 years and older, regardless of work hours, was $52,154 for males and $38,610 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the Census reported a median income of $39,634 for females, while data for males was unavailable due to an insufficient number of sample observations.
- In Esther township, the median income for all workers aged 15 years and older, regardless of work hours, was $52,154 for males and $38,610 for females.
- In Esther township, for full-time, year-round workers aged 15 years and older, the Census reported a median income of $39,634 for females, while data for males was unavailable due to an insufficient number of sample observations.
Read more about Esther Township, Minnesota income by gender ➔
Race
In Esther township, the population is predominantly White, constituting 65.36% 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 $90,932.
- In Esther township, White is both the largest group and the one with the highest median household income, which stands at $90,932.
- In Esther township, the median household income for the households where the householder is White decreased by $15,309(14.41%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $106,241 in 2011 and $90,932 in 2021.
- As per the U.S. Census Bureau population data, in Esther 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.
Read more about Esther Township, Minnesota median household income by race ➔
Year by year
Esther Township, Minnesota median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Esther township decreased by $1,426 (1.54%), 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 2013 to 2014, when the median household income increased by 33,805 (from $85,953 to $119,758). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 19,499 (from $110,836 to $91,337).
- It then further increased to $127,683 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.2687, it is evident that income distribution in Esther Township, Minnesota exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $97,012. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $0.
Read more about Esther Township, Minnesota median household income ➔