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, Logan township sees its highest median household income among householders in the age group of 45 to 64 years old, at $79,717. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Logan township, the median household income stands at $79,717 for householders within the 45 to 64 years age group, followed by $72,962 for the 25 to 44 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $53,895.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $13,637(20.64%), escalating from a median of $66,080 in 2011 to $79,717 in 2021.
- 0 households where the householder is under 25 years old.
- 20(23.53%) households with a householder aged between 25 and 44 years.
- 28(32.94%) households with a householder aged between 45 and 64 years.
- 37(43.53%) households where the householder is over 65 years old.
Read more about Logan township, Aitkin County, Minnesota median household income by age ➔
Gender
In Logan township, the population consists of 108 males (50.47%) and 106 females (49.53%). Here are the primary highlights from the gender-based income distribution analysis:
- In Logan township, the median income for all workers aged 15 years and older, regardless of work hours, was $39,955 for males and $18,166 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $60,126 for males and $65,869 for females.
- In Logan township, the median income for all workers aged 15 years and older, regardless of work hours, was $39,955 for males and $18,166 for females.
- In Logan township, among full-time, year-round workers aged 15 years and older, males earned a median income of $60,126, while females earned $65,869
Read more about Logan township, Aitkin County, Minnesota income by gender ➔
Race
In Logan township, the population is predominantly White, constituting 97.66% 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 $69,809.
- In Logan township, White is both the largest group and the one with the highest median household income, which stands at $69,809.
- In Logan township, the median household income for the households where the householder is White increased by $9,697(16.13%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $60,112 in 2011 and $69,809 in 2021.
- As per the U.S. Census Bureau population data, in Logan 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 Logan township, Aitkin County, Minnesota median household income by race ➔
Year by year
Logan township, Aitkin County, Minnesota median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Logan township increased by $5,774 (9.05%), 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 2016 to 2017, when the median household income increased by 13,139 (from $63,957 to $77,096). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 9,736 (from $79,320 to $69,584).
- It then further decreased to 71,610 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3486, it is evident that income distribution in Logan township, Aitkin County, Minnesota exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $77,015. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $51,644.
Read more about Logan township, Aitkin County, Minnesota 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)