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
Age of householder
Per the latest American Community Survey by the Census Bureau, Mill Creek township sees its highest median household income among householders in the age group of 45 to 64 years old, at $95,931. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Mill Creek township only reports a median household income of $95,931 among householders in the 45 to 64 years age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $6,035(6.71%), escalating from a median of $89,896 in 2011 to $95,931 in 2021.
- 3(1.64%) households where the householder is under 25 years old.
- 32(17.49%) households with a householder aged between 25 and 44 years.
- 90(49.18%) households with a householder aged between 45 and 64 years.
- 58(31.69%) households where the householder is over 65 years old.
Read more about Mill Creek township, Lycoming County, Pennsylvania median household income by age ➔
Gender
In Mill Creek township, the population consists of 222 males (48.58%) and 235 females (51.42%). Here are the primary highlights from the gender-based income distribution analysis:
- In Mill Creek township, the median income for all workers aged 15 years and older, regardless of work hours, was $50,803 for males and $33,478 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $60,801 for males and $49,181 for females.
- In Mill Creek township, the median income for all workers aged 15 years and older, regardless of work hours, was $50,803 for males and $33,478 for females.
- In Mill Creek township, among full-time, year-round workers aged 15 years and older, males earned a median income of $60,801, while females earned $49,181, leading to a 19% gender pay gap among full-time workers. This illustrates that women earn 81 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.
Read more about Mill Creek township, Lycoming County, Pennsylvania income by gender ➔
Race
In Mill Creek township, the population is predominantly White, constituting 99.56% 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 $82,420.
- In Mill Creek township, White is both the largest group and the one with the highest median household income, which stands at $82,420.
- In Mill Creek township, the median household income for the households where the householder is White decreased by $5,745(6.52%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $88,165 in 2011 and $82,420 in 2021.
- As per the U.S. Census Bureau population data, in Mill Creek township, 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.
Read more about Mill Creek township, Lycoming County, Pennsylvania median household income by race ➔
Year by year
Mill Creek township, Lycoming County, Pennsylvania median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Mill Creek township decreased by $223 (0.27%), 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 2015 to 2016, when the median household income increased by 5,833 (from $82,075 to $87,908). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 6,107 (from $88,527 to $82,420).
- It then further increased to $172,946 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4966, it is evident that income distribution in Mill Creek township, Lycoming County, Pennsylvania exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $107,191. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $39,484.
Read more about Mill Creek township, Lycoming County, Pennsylvania 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)