Age of householder
Per the latest American Community Survey by the Census Bureau, Ojibwa town sees its highest median household income among householders in the age group of 25 to 44 years old, at $119,650. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Ojibwa town, where there exist only two delineated age groups, the median household income is $119,650 for householders within the 25 to 44 years age group, compared to $61,882 for the 45 to 64 years age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $26,689(28.71%), escalating from a median of $92,961 in 2011 to $119,650 in 2021.
- 0 households where the householder is under 25 years old.
- 17(12.41%) households with a householder aged between 25 and 44 years.
- 59(43.07%) households with a householder aged between 45 and 64 years.
- 61(44.53%) households where the householder is over 65 years old.
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Gender
In Ojibwa town, the population consists of 115 males (49.78%) and 116 females (50.22%). Here are the primary highlights from the gender-based income distribution analysis:
- In Ojibwa town, the median income for all workers aged 15 years and older, regardless of work hours, was $38,846 for males and $25,610 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $83,191 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Ojibwa town, the median income for all workers aged 15 years and older, regardless of work hours, was $38,846 for males and $25,610 for females.
- In Ojibwa town, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $83,191 for males, while data for females was unavailable due to an insufficient number of sample observations.
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Race
In Ojibwa town, the population is predominantly White, constituting 97.84% 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 $51,884.
- In Ojibwa town, White is both the largest group and the one with the highest median household income, which stands at $51,884.
- In Ojibwa town, the median household income for the households where the householder is White increased by $3,177(6.52%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $48,707 in 2011 and $51,884 in 2021.
- As per the U.S. Census Bureau population data, in Ojibwa town, 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
Ojibwa, Wisconsin median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Ojibwa town increased by $5,893 (12.74%), 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 15,667 (from $34,858 to $50,525). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 5,792 (from $37,851 to $32,059).
- It then further increased to $120,402 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4136, it is evident that income distribution in Ojibwa, Wisconsin exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $77,015. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $26,701.
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