All incomes in 2022 inflation-adjusted dollars using R-CPI-U-RS. Sources: U.S. Census Bureau, American Community Survey (ACS) 2017-2021 5-Year Estimates
TABLE OF CONTENTS
Age of householder
Per the latest American Community Survey by the Census Bureau, Richland township sees its highest median household income among householders in the age group of 25 to 44 years old, at $158,920. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Richland township, the median household income stands at $158,920 for householders within the 25 to 44 years age group, followed by $157,002 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 $66,807.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $22,566(16.79%), escalating from a median of $134,436 in 2011 to $157,002 in 2021.
- 11(0.25%) households where the householder is under 25 years old.
- 1,086(24.75%) households with a householder aged between 25 and 44 years.
- 1,793(40.87%) households with a householder aged between 45 and 64 years.
- 1,497(34.12%) households where the householder is over 65 years old.
Read more about Richland township, Allegheny County, Pennsylvania median household income by age ➔
Gender
In Richland township, the population consists of 5,818 males (49.23%) and 6,000 females (50.77%). Here are the primary highlights from the gender-based income distribution analysis:
- In Richland township, the median income for all workers aged 15 years and older, regardless of work hours, was $76,491 for males and $38,673 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $124,612 for males and $68,571 for females.
- In Richland township, the median income for all workers aged 15 years and older, regardless of work hours, was $76,491 for males and $38,673 for females.
- In Richland township, among full-time, year-round workers aged 15 years and older, males earned a median income of $124,612, while females earned $68,571, leading to a 45% gender pay gap among full-time workers. This illustrates that women earn 55 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 Richland township, Allegheny County, Pennsylvania income by gender ➔
Race
In Richland township, the population is predominantly White, constituting 94.98% 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 $125,010.
- In Richland township, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $186,157. This reveals that, while Whites may be the most numerous in Richland township, Asian households experience greater economic prosperity in terms of median household income.
- In Richland township, the median household income for the households where the householder is White increased by $10,230(8.91%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $114,780 in 2011 and $125,010 in 2021.
- In Richland township, the median household income for Black or African American households was $157,671 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 Richland township, Allegheny County, Pennsylvania median household income by race ➔
Year by year
Richland township, Allegheny County, Pennsylvania median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Richland township increased by $11,998 (10.57%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 6 years and declined for 5 years.
- The most significant year-by-year growth occured from 2017 to 2018, when the median household income increased by 17,007 (from $101,494 to $118,501). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 6,533 (from $117,430 to $110,897).
- It then further increased to $222,038 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4294, it is evident that income distribution in Richland township, Allegheny County, Pennsylvania exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $142,664. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $47,502.
Read more about Richland township, Allegheny County, Pennsylvania median household income ➔
References
- U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)