Age of householder
Per the latest American Community Survey by the Census Bureau, Rock town sees its highest median household income among householders in the age group of 65 years and over old, at $59,619. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Rock town, where there exist only two delineated age groups, the median household income is $59,619 for householders within the 65 years and over age group, compared to $41,885 for the 45 to 64 years age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $11,402(23.65%), escalating from a median of $48,217 in 2011 to $59,619 in 2021.
- 57(4.65%) households where the householder is under 25 years old.
- 278(22.66%) households with a householder aged between 25 and 44 years.
- 613(49.96%) households with a householder aged between 45 and 64 years.
- 279(22.74%) households where the householder is over 65 years old.
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Gender
In Rock town, the population consists of 1,462 males (48.56%) and 1,549 females (51.44%). Here are the primary highlights from the gender-based income distribution analysis:
- In Rock town, the median income for all workers aged 15 years and older, regardless of work hours, was $37,398 for males and $22,203 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $37,456 for males and $41,885 for females.
- In Rock town, the median income for all workers aged 15 years and older, regardless of work hours, was $37,398 for males and $22,203 for females.
- In Rock town, among full-time, year-round workers aged 15 years and older, males earned a median income of $37,456, while females earned $41,885
Read more about Rock Town, Rock County, Wisconsin income by gender ➔
Race
In Rock town, the population is predominantly White, constituting 87.78% 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 $48,261.
- In Rock town, White is both the largest group and the one with the highest median household income, which stands at $48,261.
- In Rock town, the median household income for the households where the householder is White decreased by $19,274(28.54%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $67,535 in 2011 and $48,261 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.
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Year by year
Rock Town, Rock County, Wisconsin median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Rock town decreased by $24,094 (32.25%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 5 years and declined for 6 years.
- The most significant year-by-year growth occured from 2016 to 2017, when the median household income increased by 6,668 (from $54,805 to $61,473). Similarly the most substantial year-by-year decline occured from 2014 to 2015, when the median household income decreased by 10,698 (from $62,981 to $52,283).
- It then further increased to $125,261 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4124, it is evident that income distribution in Rock Town, Rock County, Wisconsin exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $58,985. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $32,120.
Read more about Rock Town, Rock County, Wisconsin median household income ➔