Age of householder
Per the latest American Community Survey by the Census Bureau, Marine On St. Croix sees its highest median household income among householders in the age group of 25 to 44 years old, at $176,999. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Marine On St. Croix, the median household income stands at $176,999 for householders within the 25 to 44 years age group, followed by $157,408 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $98,633.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $30,830(21.09%), escalating from a median of $146,169 in 2011 to $176,999 in 2021.
- 3(1.01%) households where the householder is under 25 years old.
- 42(14.09%) households with a householder aged between 25 and 44 years.
- 117(39.26%) households with a householder aged between 45 and 64 years.
- 136(45.64%) households where the householder is over 65 years old.
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Gender
In Marine On St. Croix, the population consists of 317 males (46.48%) and 365 females (53.52%). Here are the primary highlights from the gender-based income distribution analysis:
- In Marine On St. Croix, the median income for all workers aged 15 years and older, regardless of work hours, was $79,235 for males and $56,857 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $89,986 for males and $95,931 for females.
- In Marine On St. Croix, the median income for all workers aged 15 years and older, regardless of work hours, was $79,235 for males and $56,857 for females.
- In Marine On St. Croix, among full-time, year-round workers aged 15 years and older, males earned a median income of $89,986, while females earned $95,931
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Race
In Marine On St. Croix, the population is predominantly White, constituting 92.38% 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 $133,763.
- In Marine On St. Croix, White is both the largest group and the one with the highest median household income, which stands at $133,763.
- In Marine On St. Croix, the median household income for the households where the householder is White decreased by $809(0.60%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $134,572 in 2011 and $133,763 in 2021.
- As per the U.S. Census Bureau population data, in Marine On St. Croix, 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
Marine On St. Croix, MN median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Marine On St. Croix increased by $2,534 (2.06%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 6 years and declined for 5 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 11,701 (from $110,516 to $122,217). Similarly the most substantial year-by-year decline occured from 2018 to 2019, when the median household income decreased by 12,235 (from $122,751 to $110,516).
- It then further increased to $187,584 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4144, it is evident that income distribution in Marine On St. Croix, MN exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $149,301. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $60,294.
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