Age of householder
Per the latest American Community Survey by the Census Bureau, Perry township sees its highest median household income among householders in the age group of 65 years and over old, at $191,186. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Perry township, where there exist only two delineated age groups, the median household income is $191,186 for householders within the 65 years and over age group, compared to $75,213 for the 45 to 64 years age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $118,452(162.86%), escalating from a median of $72,734 in 2011 to $191,186 in 2021.
- 0 households where the householder is under 25 years old.
- 11(35.48%) households with a householder aged between 25 and 44 years.
- 9(29.03%) households with a householder aged between 45 and 64 years.
- 11(35.48%) households where the householder is over 65 years old.
Read more about Perry Township, Minnesota median household income by age ➔
Gender
In Perry township, the population consists of 37 males (47.44%) and 41 females (52.56%). Here are the primary highlights from the gender-based income distribution analysis:
- In Perry township, while the Census reported a median income of $88,500 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- However, when specifically considering full-time, year-round workers within the same age group, the Census reported a median income of $59,450 for females, while data for males was unavailable due to an insufficient number of sample observations.
- In Perry township, while the Census reported a median income of $88,500 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- In Perry township, for full-time, year-round workers aged 15 years and older, the Census reported a median income of $59,450 for females, while data for males was unavailable due to an insufficient number of sample observations.
Read more about Perry Township, Minnesota income by gender ➔
Race
In Perry township, the population is predominantly White, constituting 100% 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 $91,202.
- In Perry township, White is both the largest group and the one with the highest median household income, which stands at $91,202.
- In Perry township, the median household income for the households where the householder is White increased by $14,927(19.57%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $76,275 in 2011 and $91,202 in 2021.
- As per the U.S. Census Bureau population data, in Perry 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 Perry Township, Minnesota median household income by race ➔
Year by year
Perry Township, Minnesota median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Perry township increased by $15,586 (20.61%), 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 2019 to 2020, when the median household income increased by 24,364 (from $50,234 to $74,598). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 12,229 (from $67,816 to $55,587).
- NA
- With a Gini coefficient of 0.3555, it is evident that income distribution in Perry Township, Minnesota exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $30,497.
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