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 25 to 44 years old, at $94,791. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Polk township, the median household income stands at $94,791 for householders within the 25 to 44 years age group, followed by $79,534 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 $49,767.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $4,138(9.07%), escalating from a median of $45,629 in 2011 to $49,767 in 2021.
- 0 households where the householder is under 25 years old.
- 609(24.36%) households with a householder aged between 25 and 44 years.
- 1,245(49.80%) households with a householder aged between 45 and 64 years.
- 646(25.84%) households where the householder is over 65 years old.
Read more about Polk township, Monroe County, Pennsylvania median household income by age ➔
Gender
In Polk township, the population consists of 4,057 males (54.24%) and 3,423 females (45.76%). 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 $42,344 for males and $26,273 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $56,977 for males and $59,291 for females.
- In Polk township, the median income for all workers aged 15 years and older, regardless of work hours, was $42,344 for males and $26,273 for females.
- In Polk township, among full-time, year-round workers aged 15 years and older, males earned a median income of $56,977, while females earned $59,291
Read more about Polk township, Monroe County, Pennsylvania income by gender ➔
Race
In Polk township, the population is predominantly White, constituting 92.06% 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 $81,237.
- In Polk township, White is both the largest group and the one with the highest median household income, which stands at $81,237.
- In Polk township, the median household income for the households where the householder is White decreased by $711(0.87%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $81,948 in 2011 and $81,237 in 2021.
- In Polk township, the median household income for Black or African American households was $219,465 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
Read more about Polk township, Monroe County, Pennsylvania median household income by race ➔
Year by year
Polk township, Monroe 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 $4,718 (5.61%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 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 7,627 (from $73,721 to $81,348). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 7,795 (from $78,707 to $70,912).
- It then further decreased to 59,040 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3916, it is evident that income distribution in Polk township, Monroe County, Pennsylvania exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $90,435. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $20,603.
Read more about Polk township, Monroe County, Pennsylvania median household income ➔