Age of householder
Per the latest American Community Survey by the Census Bureau, Polk township sees its highest median household income among householders in the age group of 45 to 64 years old, at $68,233. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Polk township, where there exist only two delineated age groups, the median household income is $68,233 for householders within the 45 to 64 years age group, compared to $37,381 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 $4,079(6.36%), escalating from a median of $64,154 in 2011 to $68,233 in 2021.
- 4(3.28%) households where the householder is under 25 years old.
- 21(17.21%) households with a householder aged between 25 and 44 years.
- 61(50%) households with a householder aged between 45 and 64 years.
- 36(29.51%) households where the householder is over 65 years old.
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Gender
In Polk township, the population consists of 185 males (50.82%) and 179 females (49.18%). Here are the primary highlights from the gender-based income distribution analysis:
- In Polk township, the median income for all workers aged 15 years and older, regardless of work hours, was $39,183 for males and $30,217 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $45,714 for males and $46,839 for females.
- In Polk township, the median income for all workers aged 15 years and older, regardless of work hours, was $39,183 for males and $30,217 for females.
- In Polk township, among full-time, year-round workers aged 15 years and older, males earned a median income of $45,714, while females earned $46,839
Read more about Polk township, Jefferson County, Pennsylvania income by gender ➔
Race
In Polk 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 $52,694.
- In Polk township, White is both the largest group and the one with the highest median household income, which stands at $52,694.
- In Polk township, the median household income for the households where the householder is White decreased by $11,868(18.38%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $64,562 in 2011 and $52,694 in 2021.
- As per the U.S. Census Bureau population data, in Polk 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
Polk township, Jefferson County, Pennsylvania median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Polk township decreased by $13,850 (20.81%), 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 9,878 (from $47,723 to $57,601). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 9,204 (from $64,662 to $55,458).
- It then further increased to $31,076 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3881, it is evident that income distribution in Polk township, Jefferson County, Pennsylvania exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $21,432.
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