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
Gender
In Hatfield, the population consists of 20 males (50.00%) and 20 females (50.00%). Here are the primary highlights from the gender-based income distribution analysis:
- In Hatfield, while the Census reported a median income of $33,779 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $34,049 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Hatfield, while the Census reported a median income of $33,779 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- In Hatfield, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $34,049 for males, while data for females was unavailable due to an insufficient number of sample observations.
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Race
In Hatfield, the population is predominantly White, constituting 100% 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 $82,870.
- In Hatfield, White is both the largest group and the one with the highest median household income, which stands at $82,870.
- In Hatfield, the median household income for the households where the householder is White increased by $22,395(37.03%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $60,475 in 2011 and $82,870 in 2021.
- As per the U.S. Census Bureau population data, in Hatfield, 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
Hatfield, MN median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Hatfield increased by $13,719 (19.84%), 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 2020 to 2021, when the median household income increased by 19,839 (from $63,031 to $82,870). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 8,676 (from $69,151 to $60,475).
- NA
- With a Gini coefficient of 0.1691, it is evident that income distribution in Hatfield, MN exihibits characterstics of high equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $51,036.
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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)