Age of householder
Per the latest American Community Survey by the Census Bureau, North Versailles township sees its highest median household income among householders in the age group of 45 to 64 years old, at $52,764. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in North Versailles township, the median household income stands at $52,764 for householders within the 45 to 64 years age group, followed by $51,326 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 $39,384.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $3,052(8.40%), escalating from a median of $36,332 in 2011 to $39,384 in 2021.
- 170(3.72%) households where the householder is under 25 years old.
- 1,149(25.15%) households with a householder aged between 25 and 44 years.
- 1,521(33.30%) households with a householder aged between 45 and 64 years.
- 1,728(37.83%) households where the householder is over 65 years old.
Read more about North Versailles Township, Pennsylvania median household income by age ➔
Gender
In North Versailles township, the population consists of 4,471 males (44.44%) and 5,590 females (55.56%). Here are the primary highlights from the gender-based income distribution analysis:
- In North Versailles township, the median income for all workers aged 15 years and older, regardless of work hours, was $38,208 for males and $24,181 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $54,663 for males and $47,404 for females.
- In North Versailles township, the median income for all workers aged 15 years and older, regardless of work hours, was $38,208 for males and $24,181 for females.
- In North Versailles township, among full-time, year-round workers aged 15 years and older, males earned a median income of $54,663, while females earned $47,404, resulting in a 13% gender pay gap among full-time workers. This illustrates that women earn 87 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 North Versailles township.
Read more about North Versailles Township, Pennsylvania income by gender ➔
Race
In North Versailles township, the population is predominantly White, constituting 77.16% 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 $55,322.
- In North Versailles township, White is both the largest group and the one with the highest median household income, which stands at $55,322.
- In North Versailles township, the median household income for the households where the householder is White decreased by $4,730(7.88%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $60,052 in 2011 and $55,322 in 2021.
- In North Versailles township, the median household income for the households where the householder is Black or African American increased by $6,549(20.51%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $31,927 in 2011 and $38,476 in 2021.
Read more about North Versailles Township, Pennsylvania median household income by race ➔
Year by year
North Versailles Township, Pennsylvania median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for North Versailles township decreased by $8,599 (15.43%), 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 2013 to 2014, when the median household income increased by 4,607 (from $47,654 to $52,261). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 8,862 (from $56,516 to $47,654).
- It then further increased to $124,412 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.5242, it is evident that income distribution in North Versailles Township, Pennsylvania exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $63,255. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $37,953.
Read more about North Versailles Township, Pennsylvania median household income ➔