Age of householder
Per the latest American Community Survey by the Census Bureau, Grove Park-Tilden township sees its highest median household income among householders in the age group of 45 to 64 years old, at $89,175. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Grove Park-Tilden township, the median household income stands at $89,175 for householders within the 45 to 64 years age group, followed by $87,824 for the 65 years and over age group. Notably, householders within the 25 to 44 years age group, had the lowest median household income at $68,908.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $48,597(123.89%), escalating from a median of $39,227 in 2011 to $87,824 in 2021.
- 0 households where the householder is under 25 years old.
- 41(37.27%) households with a householder aged between 25 and 44 years.
- 38(34.55%) households with a householder aged between 45 and 64 years.
- 31(28.18%) households where the householder is over 65 years old.
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Gender
In Grove Park-Tilden township, the population consists of 150 males (51.90%) and 139 females (48.10%). Here are the primary highlights from the gender-based income distribution analysis:
- In Grove Park-Tilden township, the median income for all workers aged 15 years and older, regardless of work hours, was $39,939 for males and $28,478 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $40,207 for males and $28,825 for females.
- In Grove Park-Tilden township, the median income for all workers aged 15 years and older, regardless of work hours, was $39,939 for males and $28,478 for females.
- In Grove Park-Tilden township, among full-time, year-round workers aged 15 years and older, males earned a median income of $40,207, while females earned $28,825, leading to a 28% gender pay gap among full-time workers. This illustrates that women earn 72 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 Grove Park-Tilden township, the population is predominantly White, constituting 94.46% 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 $69,711.
- In Grove Park-Tilden township, White is both the largest group and the one with the highest median household income, which stands at $69,711.
- In Grove Park-Tilden township, the median household income for the households where the householder is White decreased by $4,307(5.82%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $74,018 in 2011 and $69,711 in 2021.
- As per the U.S. Census Bureau population data, in Grove Park-Tilden 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.
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Year by year
Grove Park-Tilden Township, Minnesota median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Grove Park-Tilden township decreased by $879 (1.24%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
- The most significant year-by-year growth occured from 2017 to 2018, when the median household income increased by 8,108 (from $67,881 to $75,989). Similarly the most substantial year-by-year decline occured from 2016 to 2017, when the median household income decreased by 14,676 (from $82,557 to $67,881).
- It then further decreased to 69,054 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3885, it is evident that income distribution in Grove Park-Tilden Township, Minnesota exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $33,793.
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