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 Macomb township, the population consists of 44,843 males (49.38%) and 45,975 females (50.62%). Here are the primary highlights from the gender-based income distribution analysis:
- In Macomb township, the median income for all workers aged 15 years and older, regardless of work hours, was $55,494 for males and $31,967 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $90,321 for males and $62,270 for females.
- In Macomb township, the median income for all workers aged 15 years and older, regardless of work hours, was $55,494 for males and $31,967 for females.
- In Macomb township, among full-time, year-round workers aged 15 years and older, males earned a median income of $90,321, while females earned $62,270, 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.
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Race
In Macomb township, the population is predominantly White, constituting 88.96% 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 $104,905.
- In Macomb township, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $170,844. This reveals that, while Whites may be the most numerous in Macomb township, Asian households experience greater economic prosperity in terms of median household income.
- In Macomb township, the median household income for the households where the householder is White increased by $1,576(1.53%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $103,329 in 2012 and $104,905 in 2022.
- In Macomb township, the median household income for the households where the householder is Black or African American increased by $3,201(3.62%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $88,345 in 2012 and $91,546 in 2022.
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Year by year
Macomb Township, Michigan median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Macomb township increased by $2,486 (2.21%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 8 years and declined for 3 years.
- The most significant year-by-year growth occured from 2016 to 2017, when the median household income increased by 4,371 (from $110,020 to $114,391). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 4,363 (from $108,040 to $103,677).
- It then further increased to $106,335 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3739, it is evident that income distribution in Macomb Township, Michigan exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $113,314. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $55,431.
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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)