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 township sees its highest median household income among householders in the age group of 45 to 64 years old, at $60,371. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Highland township, where there exist only two delineated age groups, the median household income is $60,371 for householders within the 45 to 64 years age group, compared to $38,559 for the 65 years and over age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $16,494(74.75%), escalating from a median of $22,065 in 2011 to $38,559 in 2021.
- 0 households where the householder is under 25 years old.
- 18(9.57%) households with a householder aged between 25 and 44 years.
- 91(48.40%) households with a householder aged between 45 and 64 years.
- 79(42.02%) households where the householder is over 65 years old.
Read more about Highland township, Elk County, Pennsylvania median household income by age ➔
Gender
In Highland township, the population consists of 183 males (51.40%) and 173 females (48.60%). Here are the primary highlights from the gender-based income distribution analysis:
- In Highland township, the median income for all workers aged 15 years and older, regardless of work hours, was $39,267 for males and $18,541 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $52,501 for males and $36,481 for females.
- In Highland township, the median income for all workers aged 15 years and older, regardless of work hours, was $39,267 for males and $18,541 for females.
- In Highland township, among full-time, year-round workers aged 15 years and older, males earned a median income of $52,501, while females earned $36,481, leading to a 31% gender pay gap among full-time workers. This illustrates that women earn 69 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.
Read more about Highland township, Elk County, Pennsylvania income by gender ➔
Race
In Highland township, the population is predominantly White, constituting 94.10% 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 $47,782.
- In Highland township, White is both the largest group and the one with the highest median household income, which stands at $47,782.
- In Highland township, the median household income for the households where the householder is White decreased by $2,124(4.26%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $49,906 in 2011 and $47,782 in 2021.
- As per the U.S. Census Bureau population data, in Highland 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.
Read more about Highland township, Elk County, Pennsylvania median household income by race ➔
Year by year
Highland township, Elk County, Pennsylvania median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Highland township decreased by $11,735 (19.92%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 3 years and declined for 8 years.
- The most significant year-by-year growth occured from 2018 to 2019, when the median household income increased by 9,395 (from $48,590 to $57,985). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 8,996 (from $58,902 to $49,906).
- It then further increased to $99,534 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.356, it is evident that income distribution in Highland township, Elk County, Pennsylvania exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $65,305. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $39,079.
Read more about Highland township, Elk County, Pennsylvania 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)