Age of householder
Per the latest American Community Survey by the Census Bureau, Morrison township sees its highest median household income among householders in the age group of 25 to 44 years old, at $47,741. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Morrison township, where there exist only two delineated age groups, the median household income is $47,741 for householders within the 25 to 44 years age group, compared to $36,481 for the 65 years and over age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated the smallest decline of $6,015(14.15%), declining from a median of $42,496 in 2011 to $36,481 in 2021.
- 1(1.23%) households where the householder is under 25 years old.
- 12(14.81%) households with a householder aged between 25 and 44 years.
- 40(49.38%) households with a householder aged between 45 and 64 years.
- 28(34.57%) households where the householder is over 65 years old.
Read more about Morrison Township, Minnesota median household income by age ➔
Gender
In Morrison township, the population consists of 92 males (55.42%) and 74 females (44.58%). Here are the primary highlights from the gender-based income distribution analysis:
- In Morrison township, while the Census reported a median income of $25,672 for all female workers aged 15 years and older, data for males 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 reported a median income of $42,786 for females, while data for males was unavailable due to an insufficient number of sample observations.
- In Morrison township, while the Census reported a median income of $25,672 for all female workers aged 15 years and older, data for males in the same category was unavailable due to an insufficient number of sample observations.
- In Morrison township, for full-time, year-round workers aged 15 years and older, the Census reported a median income of $42,786 for females, while data for males was unavailable due to an insufficient number of sample observations.
Read more about Morrison Township, Minnesota income by gender ➔
Race
In Morrison township, the population is predominantly White, constituting 92.77% 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 $48,101.
- In Morrison township, White is both the largest group and the one with the highest median household income, which stands at $48,101.
- In Morrison township, the median household income for the households where the householder is White decreased by $7,063(12.80%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $55,164 in 2011 and $48,101 in 2021.
- Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
Read more about Morrison Township, Minnesota median household income by race ➔
Year by year
Morrison Township, Minnesota median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Morrison township decreased by $10,412 (18.39%), 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 2020 to 2021, when the median household income increased by 7,257 (from $38,952 to $46,209). Similarly the most substantial year-by-year decline occured from 2014 to 2015, when the median household income decreased by 9,610 (from $56,068 to $46,458).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.4383, it is evident that income distribution in Morrison Township, Minnesota exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $63,504. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $0.
Read more about Morrison Township, Minnesota median household income ➔