Age of householder
Per the latest American Community Survey by the Census Bureau, Hulbert township sees its highest median household income among householders in the age group of 65 years and over old, at $36,481. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Hulbert township only reports a median household income of $36,481 among householders in 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 $8,041(28.27%), escalating from a median of $28,440 in 2011 to $36,481 in 2021.
- 0 households where the householder is under 25 years old.
- 2(2.90%) households with a householder aged between 25 and 44 years.
- 24(34.78%) households with a householder aged between 45 and 64 years.
- 43(62.32%) households where the householder is over 65 years old.
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Gender
In Hulbert township, the population consists of 57 males (45.97%) and 67 females (54.03%). Here are the primary highlights from the gender-based income distribution analysis:
- In Hulbert township, the median income for all workers aged 15 years and older, regardless of work hours, was $33,779 for males and $22,969 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $33,103 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Hulbert township, the median income for all workers aged 15 years and older, regardless of work hours, was $33,779 for males and $22,969 for females.
- In Hulbert township, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $33,103 for males, while data for females was unavailable due to an insufficient number of sample observations.
Read more about Hulbert Township, Michigan income by gender ➔
Race
In Hulbert township, the population is predominantly White, constituting 88.71% 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 $33,779.
- In Hulbert township, White is both the largest group and the one with the highest median household income, which stands at $33,779.
- In Hulbert township, the median household income for the households where the householder is White decreased by $2,506(6.91%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $36,285 in 2011 and $33,779 in 2021.
- As per the U.S. Census Bureau population data, in Hulbert 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
Hulbert Township, Michigan median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Hulbert township decreased by $7,716 (19.89%), 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 2013 to 2014, when the median household income increased by 8,396 (from $31,937 to $40,333). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 12,833 (from $43,909 to $31,076).
- It then further increased to $69,246 for 2-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4531, it is evident that income distribution in Hulbert Township, Michigan exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $69,246. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $17,565.
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