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
Age of householder
Per the latest American Community Survey by the Census Bureau, Highland town sees its highest median household income among householders in the age group of 25 to 44 years old, at $71,610. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Highland town, the median household income stands at $71,610 for householders within the 25 to 44 years age group, followed by $71,610 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $70,410.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $7,074(11.17%), escalating from a median of $63,336 in 2011 to $70,410 in 2021.
- 4(2%) households where the householder is under 25 years old.
- 24(12%) households with a householder aged between 25 and 44 years.
- 93(46.50%) households with a householder aged between 45 and 64 years.
- 79(39.50%) households where the householder is over 65 years old.
Read more about Highland Town, Douglas County, Wisconsin median household income by age ➔
Gender
In Highland town, the population consists of 229 males (53.76%) and 197 females (46.24%). Here are the primary highlights from the gender-based income distribution analysis:
- In Highland town, the median income for all workers aged 15 years and older, regardless of work hours, was $48,304 for males and $32,878 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $67,557 for males and $47,965 for females.
- In Highland town, the median income for all workers aged 15 years and older, regardless of work hours, was $48,304 for males and $32,878 for females.
- In Highland town, among full-time, year-round workers aged 15 years and older, males earned a median income of $67,557, while females earned $47,965, leading to a 29% gender pay gap among full-time workers. This illustrates that women earn 71 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.
Read more about Highland Town, Douglas County, Wisconsin income by gender ➔
Race
In Highland town, the population is predominantly White, constituting 95.54% 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 $71,273.
- In Highland town, White is both the largest group and the one with the highest median household income, which stands at $71,273.
- In Highland town, the median household income for the households where the householder is White decreased by $9,633(11.91%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $80,906 in 2011 and $71,273 in 2021.
- As per the U.S. Census Bureau population data, in Highland 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 Highland Town, Douglas County, Wisconsin median household income by race ➔
Year by year
Highland Town, Douglas County, Wisconsin median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Highland town decreased by $11,347 (13.87%), 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 2017 to 2018, when the median household income increased by 10,940 (from $62,126 to $73,066). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 14,715 (from $80,089 to $65,374).
- It then further increased to $86,473 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3396, it is evident that income distribution in Highland Town, Douglas County, Wisconsin exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $72,672. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $37,638.
Read more about Highland Town, Douglas County, Wisconsin median household income ➔
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)