Age of householder
Per the latest American Community Survey by the Census Bureau, Pelan township sees its highest median household income among householders in the age group of 25 to 44 years old, at $89,175. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Pelan township, where there exist only two delineated age groups, the median household income is $89,175 for householders within the 25 to 44 years age group, compared to $71,610 for the 65 years and over age group.
- 0 households where the householder is under 25 years old.
- 10(55.56%) households with a householder aged between 25 and 44 years.
- 3(16.67%) households with a householder aged between 45 and 64 years.
- 5(27.78%) households where the householder is over 65 years old.
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Gender
In Pelan township, the population consists of 28 males (62.22%) and 17 females (37.78%). Here are the primary highlights from the gender-based income distribution analysis:
- In Pelan township, the median income for all workers aged 15 years and older, regardless of work hours, was $42,465 for males and $52,424 for females.
- However, when specifically considering full-time, year-round workers within the same age group, while the Census reported a median income of $42,657 for males, while data for females was unavailable due to an insufficient number of sample observations.
- In Pelan township, the median income for all workers aged 15 years and older, regardless of work hours, was $42,465 for males and $52,424 for females.
- In Pelan township, for full-time, year-round workers aged 15 years and older, while the Census reported a median income of $42,657 for males, while data for females was unavailable due to an insufficient number of sample observations.
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Race
In Pelan township, the population is predominantly White, constituting 97.78% 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 $78,366.
- In Pelan township, White is both the largest group and the one with the highest median household income, which stands at $78,366.
- In Pelan township, the median household income for the households where the householder is White increased by $14,622(22.94%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $63,744 in 2011 and $78,366 in 2021.
- As per the U.S. Census Bureau population data, in Pelan 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
Pelan Township, Minnesota median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Pelan township increased by $10,339 (15.20%), 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 2012 to 2013, when the median household income increased by 12,379 (from $68,843 to $81,222). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 7,682 (from $86,048 to $78,366).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.2089, it is evident that income distribution in Pelan Township, Minnesota exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $22,069.
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