Age of householder
Per the latest American Community Survey by the Census Bureau, Lower Chichester township sees its highest median household income among householders in the age group of 45 to 64 years old, at $89,988. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Lower Chichester township, the median household income stands at $89,988 for householders within the 45 to 64 years age group, followed by $72,737 for the 65 years and over age group. Notably, householders within the 25 to 44 years age group, had the lowest median household income at $49,292.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $11,108(18.02%), escalating from a median of $61,629 in 2011 to $72,737 in 2021.
- 0 households where the householder is under 25 years old.
- 510(41.53%) households with a householder aged between 25 and 44 years.
- 506(41.21%) households with a householder aged between 45 and 64 years.
- 212(17.26%) households where the householder is over 65 years old.
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Gender
In Lower Chichester township, the population consists of 1,456 males (42.70%) and 1,954 females (57.30%). Here are the primary highlights from the gender-based income distribution analysis:
- In Lower Chichester township, the median income for all workers aged 15 years and older, regardless of work hours, was $47,639 for males and $41,255 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $57,171 for males and $49,019 for females.
- In Lower Chichester township, the median income for all workers aged 15 years and older, regardless of work hours, was $47,639 for males and $41,255 for females.
- In Lower Chichester township, among full-time, year-round workers aged 15 years and older, males earned a median income of $57,171, while females earned $49,019, resulting in a 14% gender pay gap among full-time workers. This illustrates that women earn 86 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the township of Lower Chichester township.
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Race
In Lower Chichester township, the population is predominantly White, constituting 75.78% 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 $89,209.
- In Lower Chichester township, White is both the largest group and the one with the highest median household income, which stands at $89,209.
- In Lower Chichester township, the median household income for the households where the householder is White increased by $17,970(25.22%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $71,239 in 2011 and $89,209 in 2021.
- In Lower Chichester township, the median household income for the households where the householder is Black or African American increased by $17,086(56.65%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $30,163 in 2011 and $47,249 in 2021.
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Year by year
Lower Chichester Township, Pennsylvania median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Lower Chichester township decreased by $3,829 (5.50%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 4 years and declined for 7 years.
- The most significant year-by-year growth occured from 2018 to 2019, when the median household income increased by 3,981 (from $63,167 to $67,148). Similarly the most substantial year-by-year decline occured from 2017 to 2018, when the median household income decreased by 6,090 (from $69,257 to $63,167).
- It then further increased to $64,095 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3662, it is evident that income distribution in Lower Chichester Township, Pennsylvania exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $68,715. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $58,324.
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