Age of householder
Per the latest American Community Survey by the Census Bureau, Nilsen township sees its highest median household income among householders in the age group of 25 to 44 years old, at $85,614. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, Nilsen township only reports a median household income of $85,614 among householders in the 25 to 44 years age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated the smallest decline of $1,994(2.28%), declining from a median of $87,608 in 2011 to $85,614 in 2021.
- 2(6.06%) households where the householder is under 25 years old.
- 15(45.45%) households with a householder aged between 25 and 44 years.
- 16(48.48%) households with a householder aged between 45 and 64 years.
- 0 households where the householder is over 65 years old.
Read more about Nilsen Township, Minnesota median household income by age ➔
Gender
In Nilsen township, the population consists of 47 males (77.05%) and 14 females (22.95%). Here are the primary highlights from the gender-based income distribution analysis:
- In Nilsen township, the median income for all workers aged 15 years and older, regardless of work hours, was $62,152 for males and $68,233 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $69,809 for males and $68,457 for females.
- In Nilsen township, the median income for all workers aged 15 years and older, regardless of work hours, was $62,152 for males and $68,233 for females.
- In Nilsen township, among full-time, year-round workers aged 15 years and older, males earned a median income of $69,809, while females earned $68,457, resulting in a 2% gender pay gap among full-time workers. This illustrates that women earn 98 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the township of Nilsen township.
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Race
In Nilsen 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 $85,367.
- In Nilsen township, White is both the largest group and the one with the highest median household income, which stands at $85,367.
- In Nilsen township, the median household income for the households where the householder is White decreased by $19,239(18.39%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $104,606 in 2011 and $85,367 in 2021.
- As per the U.S. Census Bureau population data, in Nilsen 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 Nilsen Township, Minnesota median household income by race ➔
Year by year
Nilsen Township, Minnesota median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Nilsen township decreased by $1,915 (2.19%), 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 2016 to 2017, when the median household income increased by 27,234 (from $94,024 to $121,258). Similarly the most substantial year-by-year decline occured from 2019 to 2020, when the median household income decreased by 29,295 (from $115,826 to $86,531).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.3499, it is evident that income distribution in Nilsen Township, Minnesota exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $36,774.
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