Age of householder
Per the latest American Community Survey by the Census Bureau, Nottawa township sees its highest median household income among householders in the age group of 45 to 64 years old, at $82,167. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Nottawa township, the median household income stands at $82,167 for householders within the 45 to 64 years age group, followed by $74,820 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 $62,491.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $16,181(34.94%), escalating from a median of $46,310 in 2011 to $62,491 in 2021.
- 29(3.07%) households where the householder is under 25 years old.
- 191(20.21%) households with a householder aged between 25 and 44 years.
- 414(43.81%) households with a householder aged between 45 and 64 years.
- 311(32.91%) households where the householder is over 65 years old.
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Gender
In Nottawa township, the population consists of 1,151 males (50.42%) and 1,132 females (49.58%). Here are the primary highlights from the gender-based income distribution analysis:
- In Nottawa township, the median income for all workers aged 15 years and older, regardless of work hours, was $37,427 for males and $25,302 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $54,488 for males and $48,641 for females.
- In Nottawa township, the median income for all workers aged 15 years and older, regardless of work hours, was $37,427 for males and $25,302 for females.
- In Nottawa township, among full-time, year-round workers aged 15 years and older, males earned a median income of $54,488, while females earned $48,641, resulting in a 11% gender pay gap among full-time workers. This illustrates that women earn 89 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 Nottawa township.
Read more about Nottawa township, Isabella County, Michigan income by gender ➔
Race
In Nottawa township, the population is predominantly White, constituting 94.35% 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 $68,262.
- In Nottawa township, despite the White population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $102,397. This reveals that, while Whites may be the most numerous in Nottawa township, Two or More Races households experience greater economic prosperity in terms of median household income.
- In Nottawa township, the median household income for the households where the householder is White increased by $1,684(2.53%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $66,578 in 2011 and $68,262 in 2021.
- As per the U.S. Census Bureau population data, in Nottawa 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.
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Year by year
Nottawa township, Isabella County, Michigan median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Nottawa township decreased by $4,898 (6.56%), 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 2014 to 2015, when the median household income increased by 5,894 (from $60,832 to $66,726). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 4,070 (from $74,716 to $70,646).
- It then further increased to $158,928 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4689, it is evident that income distribution in Nottawa township, Isabella County, Michigan exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $73,772. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $34,589.
Read more about Nottawa township, Isabella County, Michigan median household income ➔