Age of householder
Per the latest American Community Survey by the Census Bureau, Ferguson township sees its highest median household income among householders in the age group of 45 to 64 years old, at $131,568. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Ferguson township, householders within the 45 to 64 years age group have the highest median household income at $131,568, followed by those in the 25 to 44 years age group with an income of $93,533. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $78,508. Notably, householders within the under 25 years age group, had the lowest median household income at $13,601.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $20,019(17.95%), escalating from a median of $111,549 in 2011 to $131,568 in 2021.
- 879(11.24%) households where the householder is under 25 years old.
- 2,680(34.26%) households with a householder aged between 25 and 44 years.
- 2,416(30.89%) households with a householder aged between 45 and 64 years.
- 1,847(23.61%) households where the householder is over 65 years old.
Read more about Ferguson township, Centre County, Pennsylvania median household income by age ➔
Gender
In Ferguson township, the population consists of 9,341 males (48.56%) and 9,895 females (51.44%). Here are the primary highlights from the gender-based income distribution analysis:
- In Ferguson township, the median income for all workers aged 15 years and older, regardless of work hours, was $58,999 for males and $31,136 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $90,195 for males and $59,774 for females.
- In Ferguson township, the median income for all workers aged 15 years and older, regardless of work hours, was $58,999 for males and $31,136 for females.
- In Ferguson township, among full-time, year-round workers aged 15 years and older, males earned a median income of $90,195, while females earned $59,774, leading to a 34% gender pay gap among full-time workers. This illustrates that women earn 66 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.
Read more about Ferguson township, Centre County, Pennsylvania income by gender ➔
Race
In Ferguson township, the population is predominantly White, constituting 74.54% 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 $87,680.
- In Ferguson township, White is both the largest group and the one with the highest median household income, which stands at $87,680.
- In Ferguson township, the median household income for the households where the householder is White increased by $8,315(10.48%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $79,365 in 2011 and $87,680 in 2021.
- In Ferguson township, the median household income for Black or African American households was $22,065 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
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Year by year
Ferguson township, Centre County, Pennsylvania median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Ferguson township increased by $6,021 (7.77%), 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 2014 to 2015, when the median household income increased by 6,155 (from $75,821 to $81,976). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 2,301 (from $78,122 to $75,821).
- It then further increased to $152,924 for 6-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4498, it is evident that income distribution in Ferguson township, Centre County, Pennsylvania exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $130,540. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $37,684.
Read more about Ferguson township, Centre County, Pennsylvania median household income ➔