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 Middletown township, the population consists of 33,822 males (50.48%) and 33,185 females (49.52%). Here are the primary highlights from the gender-based income distribution analysis:
- In Middletown township, the median income for all workers aged 15 years and older, regardless of work hours, was $89,496 for males and $48,225 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $120,930 for males and $80,971 for females.
- In Middletown township, the median income for all workers aged 15 years and older, regardless of work hours, was $89,496 for males and $48,225 for females.
- In Middletown township, among full-time, year-round workers aged 15 years and older, males earned a median income of $120,930, while females earned $80,971, leading to a 33% gender pay gap among full-time workers. This illustrates that women earn 67 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 Middletown township, the population is predominantly White, constituting 90.56% 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 $141,379.
- In Middletown township, despite the White population being the most populous, it is worth noting that Black or African American households actually reports the highest median household income, with a median income of $249,410. This reveals that, while Whites may be the most numerous in Middletown township, Black or African American households experience greater economic prosperity in terms of median household income.
- In Middletown township, the median household income for the households where the householder is White increased by $11,386(8.76%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $129,993 in 2012 and $141,379 in 2022.
- In Middletown township, the median household income for the households where the householder is Black or African American decreased by $70,790(22.11%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $320,200 in 2012 and $249,410 in 2022.
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Year by year
Middletown Township, New Jersey median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Middletown township increased by $6,969 (5.37%), 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 2018 to 2019, when the median household income increased by 7,123 (from $128,770 to $135,893). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 2,525 (from $131,329 to $128,804).
- It then further increased to $173,578 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4354, it is evident that income distribution in Middletown Township, New Jersey exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $175,697. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $64,625.
Read more about Middletown Township, New Jersey 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)