Age of householder
Per the latest American Community Survey by the Census Bureau, Pine township sees its highest median household income among householders in the age group of 45 to 64 years old, at $159,486. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Pine township, where there exist only two delineated age groups, the median household income is $159,486 for householders within the 45 to 64 years age group, compared to $34,454 for the 65 years and over age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $69,862(77.95%), escalating from a median of $89,624 in 2011 to $159,486 in 2021.
- 3(1.72%) households where the householder is under 25 years old.
- 24(13.79%) households with a householder aged between 25 and 44 years.
- 102(58.62%) households with a householder aged between 45 and 64 years.
- 45(25.86%) households where the householder is over 65 years old.
Read more about Pine township, Lycoming County, Pennsylvania median household income by age ➔
Gender
In Pine township, the population consists of 206 males (62.24%) and 125 females (37.76%). Here are the primary highlights from the gender-based income distribution analysis:
- In Pine township, the median income for all workers aged 15 years and older, regardless of work hours, was $48,518 for males and $24,096 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the Census reported a median income of $44,137 for females, while data for males was unavailable due to an insufficient number of sample observations.
- In Pine township, the median income for all workers aged 15 years and older, regardless of work hours, was $48,518 for males and $24,096 for females.
- In Pine township, for full-time, year-round workers aged 15 years and older, the Census reported a median income of $44,137 for females, while data for males was unavailable due to an insufficient number of sample observations.
Read more about Pine township, Lycoming County, Pennsylvania income by gender ➔
Race
In Pine township, the population is predominantly White, constituting 97.58% 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 $85,122.
- In Pine township, White is both the largest group and the one with the highest median household income, which stands at $85,122.
- In Pine township, the median household income for the households where the householder is White increased by $15,248(21.82%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $69,874 in 2011 and $85,122 in 2021.
- Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
Read more about Pine township, Lycoming County, Pennsylvania median household income by race ➔
Year by year
Pine township, Lycoming County, Pennsylvania median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Pine township increased by $32,949 (63.70%), 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 2019 to 2020, when the median household income increased by 25,879 (from $59,107 to $84,986). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 2,947 (from $66,239 to $63,292).
- It then further decreased to 120,590 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3295, it is evident that income distribution in Pine township, Lycoming County, Pennsylvania exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $64,404. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $0.
Read more about Pine township, Lycoming County, Pennsylvania median household income ➔