All incomes in 2022 inflation-adjusted dollars using R-CPI-U-RS. Sources: U.S. Census Bureau, American Community Survey (ACS) 2017-2021 5-Year Estimates
TABLE OF CONTENTS
Age of householder
Per the latest American Community Survey by the Census Bureau, Grass Range sees its highest median household income among householders in the age group of 25 to 44 years old, at $65,305. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Grass Range only reports a median household income of $65,305 among householders in the 25 to 44 years age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $21,174(47.98%), escalating from a median of $44,131 in 2011 to $65,305 in 2021.
- 0 households where the householder is under 25 years old.
- 7(9.33%) households with a householder aged between 25 and 44 years.
- 17(22.67%) households with a householder aged between 45 and 64 years.
- 51(68%) households where the householder is over 65 years old.
![Grass Range, MT median household income by age of householder The bar chart shows Grass Range, MT median household income by age of householder. All incomes have been adjusted for 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).](https://i.neilsberg.com/ch/grass-range-mt-median-household-income-by-age.jpeg)
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Gender
In Grass Range, the population consists of 54 males (47.37%) and 60 females (52.63%). Here are the primary highlights from the gender-based income distribution analysis:
- In Grass Range, the median income for all workers aged 15 years and older, regardless of work hours, was $45,263 for males and $23,870 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $111,469 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Grass Range, the median income for all workers aged 15 years and older, regardless of work hours, was $45,263 for males and $23,870 for females.
- In Grass Range, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $111,469 for males, while data for females was unavailable due to an insufficient number of sample observations.
![Grass Range, MT gender based income disparity Line chart showing the annual median income trends in Grass Range, MT for males and females across four employment categories: (1) Males in full-time year-round positions, (2) Males in non-full-time roles (part-time and other employment types), (3) Females in full-time year-round positions, and (4) Females in non-full-time roles (part-time and other employment types).](https://i.neilsberg.com/ch/grass-range-mt-income-by-gender.jpeg)
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Race
In Grass Range, the population is predominantly White, constituting 96.49% 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 $43,777.
- In Grass Range, White is both the largest group and the one with the highest median household income, which stands at $43,777.
- In Grass Range, the median household income for the households where the householder is White increased by $4,877(12.54%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $38,900 in 2011 and $43,777 in 2021.
- As per the U.S. Census Bureau population data, in Grass Range, 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.
![Grass Range, MT median household income diversity across racial categories The bar chart shows Grass Range, MT median household income across all racial categories identified by the U.S. Census Bureau.](https://i.neilsberg.com/ch/grass-range-mt-median-household-income-by-race.jpeg)
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Year by year
Grass Range, MT median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Grass Range increased by $2,818 (6.93%), 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 2017 to 2018, when the median household income increased by 9,971 (from $39,422 to $49,393). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 5,079 (from $36,939 to $31,860).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.5391, it is evident that income distribution in Grass Range, MT exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $47,290.
![Grass Range, MT median household income trend (2010-2021, in 2022 inflation-adjusted dollars) The line chart shows Grass Range, MT median household income from 2010 to 2021. The orange line represents Census Bureau data for median household income (without adjusting for any inflation), while the blue line shows inflation-adjusted median household income for 2022.](https://i.neilsberg.com/ch/grass-range-mt-median-household-income-trend.jpeg)
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References
- U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)