Age of householder
Per the latest American Community Survey by the Census Bureau, Fremont town sees its highest median household income among householders in the age group of 25 to 44 years old, at $98,093. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Fremont town, the median household income stands at $98,093 for householders within the 25 to 44 years age group, followed by $85,508 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $53,745.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $9,598(10.85%), escalating from a median of $88,495 in 2011 to $98,093 in 2021.
- 3(0.60%) households where the householder is under 25 years old.
- 67(13.40%) households with a householder aged between 25 and 44 years.
- 242(48.40%) households with a householder aged between 45 and 64 years.
- 188(37.60%) households where the householder is over 65 years old.
Read more about Fremont Town, Sullivan County, New York median household income by age ➔
Gender
In Fremont town, the population consists of 595 males (49.46%) and 608 females (50.54%). Here are the primary highlights from the gender-based income distribution analysis:
- In Fremont town, the median income for all workers aged 15 years and older, regardless of work hours, was $39,978 for males and $30,453 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $65,125 for males and $68,908 for females.
- In Fremont town, the median income for all workers aged 15 years and older, regardless of work hours, was $39,978 for males and $30,453 for females.
- In Fremont town, among full-time, year-round workers aged 15 years and older, males earned a median income of $65,125, while females earned $68,908
Read more about Fremont Town, Sullivan County, New York income by gender ➔
Race
In Fremont town, the population is predominantly White, constituting 94.01% 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 $80,972.
- In Fremont town, White is both the largest group and the one with the highest median household income, which stands at $80,972.
- In Fremont town, the median household income for the households where the householder is White decreased by $1,197(1.46%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $82,169 in 2011 and $80,972 in 2021.
- In Fremont town, the median household income for Black or African American households was $144,651 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
Read more about Fremont Town, Sullivan County, New York median household income by race ➔
Year by year
Fremont Town, Sullivan County, New York median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Fremont town decreased by $12,028 (14.94%), 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 2016 to 2017, when the median household income increased by 8,257 (from $58,860 to $67,117). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 10,749 (from $73,074 to $62,325).
- It then further increased to $149,526 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4225, it is evident that income distribution in Fremont Town, Sullivan County, New York exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $91,620. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $49,541.
Read more about Fremont Town, Sullivan County, New York median household income ➔