Age of householder
Per the latest American Community Survey by the Census Bureau, Hector township sees its highest median household income among householders in the age group of 45 to 64 years old, at $48,641. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Hector township, where there exist only two delineated age groups, the median household income is $48,641 for householders within the 45 to 64 years age group, compared to $43,156 for the 65 years and over age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated the smallest decline of $157(0.36%), declining from a median of $43,313 in 2011 to $43,156 in 2021.
- 0 households where the householder is under 25 years old.
- 24(15.69%) households with a householder aged between 25 and 44 years.
- 70(45.75%) households with a householder aged between 45 and 64 years.
- 59(38.56%) households where the householder is over 65 years old.
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Gender
In Hector township, the population consists of 209 males (55.88%) and 165 females (44.12%). Here are the primary highlights from the gender-based income distribution analysis:
- In Hector township, the median income for all workers aged 15 years and older, regardless of work hours, was $29,875 for males and $18,240 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $65,080 for males and $47,290 for females.
- In Hector township, the median income for all workers aged 15 years and older, regardless of work hours, was $29,875 for males and $18,240 for females.
- In Hector township, among full-time, year-round workers aged 15 years and older, males earned a median income of $65,080, while females earned $47,290, leading to a 27% gender pay gap among full-time workers. This illustrates that women earn 73 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 Hector township, the population is predominantly White, constituting 98.66% 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 $44,588.
- In Hector township, White is both the largest group and the one with the highest median household income, which stands at $44,588.
- In Hector township, the median household income for the households where the householder is White decreased by $1,722(3.72%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $46,310 in 2011 and $44,588 in 2021.
- As per the U.S. Census Bureau population data, in Hector 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
Hector Township, Pennsylvania median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Hector township decreased by $3,968 (8.14%), 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 2016 to 2017, when the median household income increased by 6,499 (from $47,394 to $53,893). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 11,584 (from $55,210 to $43,626).
- It then further increased to $42,271 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3943, it is evident that income distribution in Hector Township, Pennsylvania exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $47,965. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $24,659.
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