Age of householder
Per the latest American Community Survey by the Census Bureau, Pike township sees its highest median household income among householders in the age group of 25 to 44 years old, at $86,383. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Pike township, the median household income stands at $86,383 for householders within the 25 to 44 years age group, followed by $83,500 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $42,561.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $17,979(27.44%), escalating from a median of $65,521 in 2011 to $83,500 in 2021.
- 0 households where the householder is under 25 years old.
- 255(29.62%) households with a householder aged between 25 and 44 years.
- 353(41%) households with a householder aged between 45 and 64 years.
- 253(29.38%) households where the householder is over 65 years old.
Read more about Pike township, Clearfield County, Pennsylvania median household income by age ➔
Gender
In Pike township, the population consists of 1,234 males (54.89%) and 1,014 females (45.11%). Here are the primary highlights from the gender-based income distribution analysis:
- In Pike township, the median income for all workers aged 15 years and older, regardless of work hours, was $45,680 for males and $23,420 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $65,395 for males and $44,266 for females.
- In Pike township, the median income for all workers aged 15 years and older, regardless of work hours, was $45,680 for males and $23,420 for females.
- In Pike township, among full-time, year-round workers aged 15 years and older, males earned a median income of $65,395, while females earned $44,266, leading to a 32% gender pay gap among full-time workers. This illustrates that women earn 68 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.
Read more about Pike township, Clearfield County, Pennsylvania income by gender ➔
Race
In Pike township, the population is predominantly White, constituting 99.02% 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 $68,368.
- In Pike township, White is both the largest group and the one with the highest median household income, which stands at $68,368.
- In Pike township, the median household income for the households where the householder is White increased by $9,484(16.11%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $58,884 in 2011 and $68,368 in 2021.
- As per the U.S. Census Bureau population data, in Pike 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 Pike township, Clearfield County, Pennsylvania median household income by race ➔
Year by year
Pike township, Clearfield County, Pennsylvania median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Pike township increased by $7,624 (12.51%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 6,484 (from $57,570 to $64,054). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 6,876 (from $60,438 to $53,562).
- It then further increased to $131,285 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4457, it is evident that income distribution in Pike township, Clearfield County, Pennsylvania exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $74,067. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $49,413.
Read more about Pike township, Clearfield County, Pennsylvania median household income ➔