Age of householder
Per the latest American Community Survey by the Census Bureau, Marshall township sees its highest median household income among householders in the age group of 45 to 64 years old, at $226,937. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Marshall township, the median household income stands at $226,937 for householders within the 45 to 64 years age group, followed by $133,898 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 $92,469.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $40,310(77.28%), escalating from a median of $52,159 in 2011 to $92,469 in 2021.
- 16(0.45%) households where the householder is under 25 years old.
- 1,204(33.63%) households with a householder aged between 25 and 44 years.
- 1,607(44.89%) households with a householder aged between 45 and 64 years.
- 753(21.03%) households where the householder is over 65 years old.
Read more about Marshall Township, Pennsylvania median household income by age ➔
Gender
In Marshall township, the population consists of 4,849 males (49.53%) and 4,941 females (50.47%). Here are the primary highlights from the gender-based income distribution analysis:
- In Marshall township, the median income for all workers aged 15 years and older, regardless of work hours, was $96,466 for males and $55,241 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $124,558 for males and $108,636 for females.
- In Marshall township, the median income for all workers aged 15 years and older, regardless of work hours, was $96,466 for males and $55,241 for females.
- In Marshall township, among full-time, year-round workers aged 15 years and older, males earned a median income of $124,558, while females earned $108,636, resulting in a 13% gender pay gap among full-time workers. This illustrates that women earn 87 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 Marshall township.
Read more about Marshall Township, Pennsylvania income by gender ➔
Race
In Marshall township, the population is predominantly White, constituting 86.01% 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 $150,942.
- In Marshall 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 $244,016. This reveals that, while Whites may be the most numerous in Marshall township, Asian households experience greater economic prosperity in terms of median household income.
- In Marshall township, the median household income for the households where the householder is White decreased by $11,122(6.86%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $162,064 in 2011 and $150,942 in 2021.
- In Marshall township, the median household income for Black or African American households was $75,030 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
Read more about Marshall Township, Pennsylvania median household income by race ➔
Year by year
Marshall Township, Pennsylvania median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Marshall township decreased by $15,051 (8.94%), 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 2018 to 2019, when the median household income increased by 11,503 (from $143,745 to $155,248). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 13,963 (from $164,466 to $150,503).
- It then further increased to $266,957 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4139, it is evident that income distribution in Marshall Township, Pennsylvania exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $180,618. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $66,025.
Read more about Marshall Township, Pennsylvania median household income ➔