Age of householder
Per the latest American Community Survey by the Census Bureau, North East town sees its highest median household income among householders in the age group of 65 years and over old, at $88,162. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in North East town, where there exist only two delineated age groups, the median household income is $88,162 for householders within the 65 years and over age group, compared to $78,220 for the 45 to 64 years age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $38,924(79.05%), escalating from a median of $49,238 in 2011 to $88,162 in 2021.
- 10(0.78%) households where the householder is under 25 years old.
- 268(20.78%) households with a householder aged between 25 and 44 years.
- 544(42.17%) households with a householder aged between 45 and 64 years.
- 468(36.28%) households where the householder is over 65 years old.
Read more about North East, New York median household income by age ➔
Gender
In North East town, the population consists of 1,369 males (46.30%) and 1,588 females (53.70%). Here are the primary highlights from the gender-based income distribution analysis:
- In North East town, the median income for all workers aged 15 years and older, regardless of work hours, was $66,846 for males and $35,651 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $112,759 for males and $56,241 for females.
- In North East town, the median income for all workers aged 15 years and older, regardless of work hours, was $66,846 for males and $35,651 for females.
- In North East town, among full-time, year-round workers aged 15 years and older, males earned a median income of $112,759, while females earned $56,241, leading to a 50% gender pay gap among full-time workers. This illustrates that women earn 50 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.
Read more about North East, New York income by gender ➔
Race
In North East town, the population is predominantly White, constituting 79.78% 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 $82,251.
- In North East town, White is both the largest group and the one with the highest median household income, which stands at $82,251.
- In North East town, the median household income for the households where the householder is White decreased by $3,157(3.70%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $85,408 in 2011 and $82,251 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 North East, New York median household income by race ➔
Year by year
North East, New York median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for North East town increased by $4,046 (5.22%), 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 2018 to 2019, when the median household income increased by 6,948 (from $69,656 to $76,604). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 6,471 (from $80,039 to $73,568).
- It then further increased to $200,729 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.5224, it is evident that income distribution in North East, New York exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $135,114. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $39,129.
Read more about North East, New York median household income ➔