Age of householder
Per the latest American Community Survey by the Census Bureau, Mount Pocono sees its highest median household income among householders in the age group of 45 to 64 years old, at $127,672. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Mount Pocono, the median household income stands at $127,672 for householders within the 45 to 64 years age group, followed by $53,448 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 $42,786.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $40,625(46.67%), escalating from a median of $87,047 in 2011 to $127,672 in 2021.
- 0 households where the householder is under 25 years old.
- 253(23.67%) households with a householder aged between 25 and 44 years.
- 450(42.10%) households with a householder aged between 45 and 64 years.
- 366(34.24%) households where the householder is over 65 years old.
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Gender
In Mount Pocono, the population consists of 1,654 males (53.63%) and 1,430 females (46.37%). Here are the primary highlights from the gender-based income distribution analysis:
- In Mount Pocono, the median income for all workers aged 15 years and older, regardless of work hours, was $39,183 for males and $27,107 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $47,051 for males and $81,740 for females.
- In Mount Pocono, the median income for all workers aged 15 years and older, regardless of work hours, was $39,183 for males and $27,107 for females.
- In Mount Pocono, among full-time, year-round workers aged 15 years and older, males earned a median income of $47,051, while females earned $81,740
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Race
In Mount Pocono, the population is predominantly White, constituting 79.86% 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 $82,337.
- In Mount Pocono, White is both the largest group and the one with the highest median household income, which stands at $82,337.
- In Mount Pocono, the median household income for the households where the householder is White increased by $27,604(50.43%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $54,733 in 2011 and $82,337 in 2021.
- In Mount Pocono, the median household income for the households where the householder is Black or African American decreased by $38,247(64.47%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $59,325 in 2011 and $21,078 in 2021.
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Year by year
Mount Pocono, PA median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Mount Pocono increased by $5,580 (10.42%), 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 2019 to 2020, when the median household income increased by 18,929 (from $54,048 to $72,977). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 13,855 (from $72,977 to $59,122).
- It then further decreased to 36,238 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4586, it is evident that income distribution in Mount Pocono, PA exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $48,667.
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