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 Jefferson township, the population consists of 71 males (56.80%) and 54 females (43.20%). Here are the primary highlights from the gender-based income distribution analysis:
- In Jefferson township, the median income for all workers aged 15 years and older, regardless of work hours, was $45,263 for males and $37,156 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $56,748 for males and $64,855 for females.
- In Jefferson township, the median income for all workers aged 15 years and older, regardless of work hours, was $45,263 for males and $37,156 for females.
- In Jefferson township, among full-time, year-round workers aged 15 years and older, males earned a median income of $56,748, while females earned $64,855
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Race
In Jefferson township, 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 $78,366.
- In Jefferson township, White is both the largest group and the one with the highest median household income, which stands at $78,366.
- In Jefferson township, the median household income for the households where the householder is White increased by $44,042(128.31%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $34,324 in 2011 and $78,366 in 2021.
- As per the U.S. Census Bureau population data, in Jefferson 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
Jefferson Township, Minnesota median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Jefferson township increased by $48,850 (165.50%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
- The most significant year-by-year growth occured from 2012 to 2013, when the median household income increased by 18,185 (from $49,631 to $67,816). Similarly the most substantial year-by-year decline occured from 2018 to 2019, when the median household income decreased by 5,295 (from $71,605 to $66,310).
- It then further increased to $144,572 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4078, it is evident that income distribution in Jefferson Township, Minnesota exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $38,846.
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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)