Age of householder
Per the latest American Community Survey by the Census Bureau, Hamburg town sees its highest median household income among householders in the age group of 45 to 64 years old, at $119,441. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Hamburg town, the median household income stands at $119,441 for householders within the 45 to 64 years age group, followed by $113,703 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 $52,357.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $31,646(36.05%), escalating from a median of $87,795 in 2011 to $119,441 in 2021.
- 0 households where the householder is under 25 years old.
- 108(27.34%) households with a householder aged between 25 and 44 years.
- 188(47.59%) households with a householder aged between 45 and 64 years.
- 99(25.06%) households where the householder is over 65 years old.
Read more about Hamburg Town, Vernon County, Wisconsin median household income by age ➔
Gender
In Hamburg town, the population consists of 648 males (54.09%) and 550 females (45.91%). Here are the primary highlights from the gender-based income distribution analysis:
- In Hamburg town, the median income for all workers aged 15 years and older, regardless of work hours, was $45,885 for males and $36,661 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $60,351 for males and $62,242 for females.
- In Hamburg town, the median income for all workers aged 15 years and older, regardless of work hours, was $45,885 for males and $36,661 for females.
- In Hamburg town, among full-time, year-round workers aged 15 years and older, males earned a median income of $60,351, while females earned $62,242
Read more about Hamburg Town, Vernon County, Wisconsin income by gender ➔
Race
In Hamburg town, the population is predominantly White, constituting 98.50% 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 $91,427.
- In Hamburg town, White is both the largest group and the one with the highest median household income, which stands at $91,427.
- In Hamburg town, the median household income for the households where the householder is White increased by $5,501(6.40%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $85,926 in 2011 and $91,427 in 2021.
- As per the U.S. Census Bureau population data, in Hamburg 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.
Read more about Hamburg Town, Vernon County, Wisconsin median household income by race ➔
Year by year
Hamburg Town, Vernon County, Wisconsin median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Hamburg town increased by $29,015 (43.14%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 6 years and declined for 5 years.
- The most significant year-by-year growth occured from 2010 to 2011, when the median household income increased by 18,672 (from $67,254 to $85,926). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 9,044 (from $95,446 to $86,402).
- It then further decreased to 40,759 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4048, it is evident that income distribution in Hamburg Town, Vernon County, Wisconsin exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $105,840. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $75,213.
Read more about Hamburg Town, Vernon County, Wisconsin median household income ➔