Age of householder
Per the latest American Community Survey by the Census Bureau, Frog Creek town sees its highest median household income among householders in the age group of 45 to 64 years old, at $53,370. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Frog Creek town, the median household income stands at $53,370 for householders within the 45 to 64 years age group, followed by $38,990 for the 25 to 44 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $27,023.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $54(0.20%), escalating from a median of $26,969 in 2011 to $27,023 in 2021.
- 0 households where the householder is under 25 years old.
- 16(35.56%) households with a householder aged between 25 and 44 years.
- 15(33.33%) households with a householder aged between 45 and 64 years.
- 14(31.11%) households where the householder is over 65 years old.
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Gender
In Frog Creek town, the population consists of 44 males (50.00%) and 44 females (50.00%). Here are the primary highlights from the gender-based income distribution analysis:
- In Frog Creek town, the median income for all workers aged 15 years and older, regardless of work hours, was $38,507 for males and $22,969 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $64,855 for males and $49,317 for females.
- In Frog Creek town, the median income for all workers aged 15 years and older, regardless of work hours, was $38,507 for males and $22,969 for females.
- In Frog Creek town, among full-time, year-round workers aged 15 years and older, males earned a median income of $64,855, while females earned $49,317, leading to a 24% gender pay gap among full-time workers. This illustrates that women earn 76 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.
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Race
In Frog Creek town, the population is predominantly White, constituting 90.91% 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 $40,027.
- In Frog Creek town, White is both the largest group and the one with the highest median household income, which stands at $40,027.
- In Frog Creek town, the median household income for the households where the householder is White decreased by $42,859(51.71%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $82,886 in 2011 and $40,027 in 2021.
- As per the U.S. Census Bureau population data, in Frog Creek town, 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.
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Year by year
Frog Creek, Wisconsin median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Frog Creek town decreased by $16,746 (29.67%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 3 years and declined for 8 years.
- The most significant year-by-year growth occured from 2010 to 2011, when the median household income increased by 26,450 (from $56,436 to $82,886). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 14,844 (from $82,886 to $68,042).
- It then further increased to $49,992 for 2-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4578, it is evident that income distribution in Frog Creek, Wisconsin exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $34,589.
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