Age of householder
Per the latest American Community Survey by the Census Bureau, Evan sees its highest median household income among householders in the age group of 65 years and over old, at $44,588. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Evan only reports a median household income of $44,588 among householders in the 65 years and over age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $31,979(253.62%), escalating from a median of $12,609 in 2011 to $44,588 in 2021.
- 0 households where the householder is under 25 years old.
- 5(19.23%) households with a householder aged between 25 and 44 years.
- 14(53.85%) households with a householder aged between 45 and 64 years.
- 7(26.92%) households where the householder is over 65 years old.
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Gender
In Evan, the population consists of 27 males (45.76%) and 32 females (54.24%). Here are the primary highlights from the gender-based income distribution analysis:
- In Evan, the Census Bureau did not report the median income for all workers aged 15 years and older, regardless of work hours, for both males and females 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 $85,797 for males and $39,183 for females.
- In Evan, the Census Bureau did not report the median income for all workers aged 15 years and older, regardless of work hours, for both males and females due to an insufficient number of sample observations.
- In Evan, among full-time, year-round workers aged 15 years and older, males earned a median income of $85,797, while females earned $39,183, leading to a 54% gender pay gap among full-time workers. This illustrates that women earn 46 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.
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Year by year
Evan, MN median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Evan decreased by $8,674 (16.71%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 5 years and declined for 6 years.
- The most significant year-by-year growth occured from 2015 to 2016, when the median household income increased by 16,501 (from $24,778 to $41,279). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 18,403 (from $51,910 to $33,507).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.4063, it is evident that income distribution in Evan, MN exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $20,695.
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