Age of householder
Per the latest American Community Survey by the Census Bureau, Milton-Freewater sees its highest median household income among householders in the age group of 45 to 64 years old, at $78,243. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Milton-Freewater, the median household income stands at $78,243 for householders within the 45 to 64 years age group, followed by $54,880 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 $31,492.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $21,037(36.77%), escalating from a median of $57,206 in 2011 to $78,243 in 2021.
- 38(1.70%) households where the householder is under 25 years old.
- 699(31.25%) households with a householder aged between 25 and 44 years.
- 954(42.65%) households with a householder aged between 45 and 64 years.
- 546(24.41%) households where the householder is over 65 years old.
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Gender
In Milton-Freewater, the population consists of 3,712 males (51.97%) and 3,431 females (48.03%). Here are the primary highlights from the gender-based income distribution analysis:
- In Milton-Freewater, the median income for all workers aged 15 years and older, regardless of work hours, was $27,113 for males and $22,360 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $42,530 for males and $35,440 for females.
- In Milton-Freewater, the median income for all workers aged 15 years and older, regardless of work hours, was $27,113 for males and $22,360 for females.
- In Milton-Freewater, among full-time, year-round workers aged 15 years and older, males earned a median income of $42,530, while females earned $35,440, leading to a 17% gender pay gap among full-time workers. This illustrates that women earn 83 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.
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Race
In Milton-Freewater, the population is predominantly White, constituting 80.27% 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 $61,381.
- In Milton-Freewater, despite the White population being the most populous, it is worth noting that American Indian and Alaska Native households actually reports the highest median household income, with a median income of $76,605. This reveals that, while Whites may be the most numerous in Milton-Freewater, American Indian and Alaska Native households experience greater economic prosperity in terms of median household income.
- In Milton-Freewater, the median household income for the households where the householder is White increased by $17,381(39.50%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $44,000 in 2011 and $61,381 in 2021.
- As per the U.S. Census Bureau population data, in Milton-Freewater, 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
Milton-Freewater, OR median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Milton-Freewater increased by $2,127 (4.25%), 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 2020 to 2021, when the median household income increased by 7,930 (from $44,224 to $52,154). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 10,150 (from $54,374 to $44,224).
- It then further increased to $168,543 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4331, it is evident that income distribution in Milton-Freewater, OR exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $70,349. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $22,018.
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