Age of householder
Per the latest American Community Survey by the Census Bureau, Grattan township sees its highest median household income among householders in the age group of 45 to 64 years old, at $127,007. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Grattan township only reports a median household income of $127,007 among householders in the 45 to 64 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $70,618(125.23%), escalating from a median of $56,389 in 2011 to $127,007 in 2021.
- 0 households where the householder is under 25 years old.
- 2(22.22%) households with a householder aged between 25 and 44 years.
- 6(66.67%) households with a householder aged between 45 and 64 years.
- 1(11.11%) households where the householder is over 65 years old.
Read more about Grattan Township, Minnesota median household income by age ➔
Gender
In Grattan township, the population consists of 14 males (58.33%) and 10 females (41.67%). Here are the primary highlights from the gender-based income distribution analysis:
- In Grattan township, the median income for all workers aged 15 years and older, regardless of work hours, was $52,694 for males and $31,076 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $40,534 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Grattan township, the median income for all workers aged 15 years and older, regardless of work hours, was $52,694 for males and $31,076 for females.
- In Grattan township, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $40,534 for males, while data for females was unavailable due to an insufficient number of sample observations.
Read more about Grattan Township, Minnesota income by gender ➔
Race
In Grattan township, the population is predominantly White, constituting 83.33% 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 $95,255.
- In Grattan township, White is both the largest group and the one with the highest median household income, which stands at $95,255.
- In Grattan township, the median household income for the households where the householder is White increased by $67,469(242.82%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $27,786 in 2011 and $95,255 in 2021.
- As per the U.S. Census Bureau population data, in Grattan township, 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.
Read more about Grattan Township, Minnesota median household income by race ➔
Year by year
Grattan Township, Minnesota median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Grattan township increased by $73,329 (334.44%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 9 years and declined for 2 years.
- The most significant year-by-year growth occured from 2013 to 2014, when the median household income increased by 36,300 (from $56,776 to $93,076). Similarly the most substantial year-by-year decline occured from 2016 to 2017, when the median household income decreased by 17,628 (from $91,730 to $74,102).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.3377, it is evident that income distribution in Grattan Township, Minnesota exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $34,159.
Read more about Grattan Township, Minnesota median household income ➔