All incomes in 2022 inflation-adjusted dollars using R-CPI-U-RS. Sources: U.S. Census Bureau, American Community Survey (ACS) 2017-2021 5-Year Estimates
TABLE OF CONTENTS
Age of householder
Per the latest American Community Survey by the Census Bureau, Ottawa township sees its highest median household income among householders in the age group of 25 to 44 years old, at $115,426. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Ottawa township, where there exist only two delineated age groups, the median household income is $115,426 for householders within the 25 to 44 years age group, compared to $93,904 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 $9,185(8.65%), escalating from a median of $106,241 in 2011 to $115,426 in 2021.
- 0 households where the householder is under 25 years old.
- 38(29.92%) households with a householder aged between 25 and 44 years.
- 45(35.43%) households with a householder aged between 45 and 64 years.
- 44(34.65%) households where the householder is over 65 years old.
Read more about Ottawa Township, Minnesota median household income by age ➔
Gender
In Ottawa township, the population consists of 129 males (50.99%) and 124 females (49.01%). Here are the primary highlights from the gender-based income distribution analysis:
- In Ottawa township, the median income for all workers aged 15 years and older, regardless of work hours, was $46,614 for males and $34,679 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $57,559 for males and $67,557 for females.
- In Ottawa township, the median income for all workers aged 15 years and older, regardless of work hours, was $46,614 for males and $34,679 for females.
- In Ottawa township, among full-time, year-round workers aged 15 years and older, males earned a median income of $57,559, while females earned $67,557
Read more about Ottawa Township, Minnesota income by gender ➔
Race
In Ottawa township, the population is predominantly White, constituting 97.63% 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 $91,371.
- In Ottawa township, White is both the largest group and the one with the highest median household income, which stands at $91,371.
- In Ottawa township, the median household income for the households where the householder is White decreased by $11,601(11.27%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $102,972 in 2011 and $91,371 in 2021.
- As per the U.S. Census Bureau population data, in Ottawa 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 Ottawa Township, Minnesota median household income by race ➔
Year by year
Ottawa Township, Minnesota median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Ottawa township decreased by $13,703 (12.90%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 5 years and declined for 6 years.
- The most significant year-by-year growth occured from 2016 to 2017, when the median household income increased by 17,661 (from $78,481 to $96,142). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 14,117 (from $102,972 to $88,855).
- It then further increased to $134,844 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3351, it is evident that income distribution in Ottawa Township, Minnesota exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $95,931. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $0.
Read more about Ottawa Township, Minnesota median household income ➔
References
- U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)