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, Moonshine township sees its highest median household income among householders in the age group of 25 to 44 years old, at $214,156. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Moonshine township only reports a median household income of $214,156 among householders in the 25 to 44 years age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $82,231(62.33%), escalating from a median of $131,925 in 2011 to $214,156 in 2021.
- 0 households where the householder is under 25 years old.
- 12(33.33%) households with a householder aged between 25 and 44 years.
- 13(36.11%) households with a householder aged between 45 and 64 years.
- 11(30.56%) households where the householder is over 65 years old.
Read more about Moonshine Township, Minnesota median household income by age ➔
Gender
In Moonshine township, the population consists of 72 males (60.50%) and 47 females (39.50%). Here are the primary highlights from the gender-based income distribution analysis:
- In Moonshine township, while the Census reported a median income of $49,992 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- However, when specifically considering full-time, year-round workers within the same age group, the Census Bureau did not report the median income for both males and females due to an insufficient number of sample observations.
- In Moonshine township, while the Census reported a median income of $49,992 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- In Moonshine township, for full-time, year-round workers aged 15 years and older, the Census Bureau did not report the median income for both males and females due to an insufficient number of sample observations.
Read more about Moonshine Township, Minnesota income by gender ➔
Race
In Moonshine township, the population is predominantly White, constituting 100% 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 $117,549.
- In Moonshine township, White is both the largest group and the one with the highest median household income, which stands at $117,549.
- In Moonshine township, the median household income for the households where the householder is White increased by $3,136(2.74%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $114,413 in 2011 and $117,549 in 2021.
- As per the U.S. Census Bureau population data, in Moonshine 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 Moonshine Township, Minnesota median household income by race ➔
Year by year
Moonshine Township, Minnesota median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Moonshine township increased by $44,462 (60.83%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
- The most significant year-by-year growth occured from 2017 to 2018, when the median household income increased by 56,772 (from $99,102 to $155,874). Similarly the most substantial year-by-year decline occured from 2018 to 2019, when the median household income decreased by 42,488 (from $155,874 to $113,386).
- NA
- With a Gini coefficient of 0.3392, it is evident that income distribution in Moonshine Township, Minnesota exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $36,030.
Read more about Moonshine Township, Minnesota 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)