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, Rose town sees its highest median household income among householders in the age group of 45 to 64 years old, at $77,691. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Rose town, where there exist only two delineated age groups, the median household income is $77,691 for householders within the 45 to 64 years age group, compared to $49,092 for the 65 years and over age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $4,961(11.24%), escalating from a median of $44,131 in 2011 to $49,092 in 2021.
- 12(4.69%) households where the householder is under 25 years old.
- 44(17.19%) households with a householder aged between 25 and 44 years.
- 117(45.70%) households with a householder aged between 45 and 64 years.
- 83(32.42%) households where the householder is over 65 years old.
Read more about Rose, Wisconsin median household income by age ➔
Gender
In Rose town, the population consists of 334 males (53.70%) and 288 females (46.30%). Here are the primary highlights from the gender-based income distribution analysis:
- In Rose town, the median income for all workers aged 15 years and older, regardless of work hours, was $44,031 for males and $20,111 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $59,942 for males and $41,435 for females.
- In Rose town, the median income for all workers aged 15 years and older, regardless of work hours, was $44,031 for males and $20,111 for females.
- In Rose town, among full-time, year-round workers aged 15 years and older, males earned a median income of $59,942, while females earned $41,435, leading to a 31% gender pay gap among full-time workers. This illustrates that women earn 69 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.
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Race
In Rose town, the population is predominantly White, constituting 92.60% 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 $71,160.
- In Rose town, White is both the largest group and the one with the highest median household income, which stands at $71,160.
- In Rose town, the median household income for the households where the householder is White increased by $5,985(9.18%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $65,175 in 2011 and $71,160 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
Rose, Wisconsin median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Rose town increased by $17,130 (33.30%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
- The most significant year-by-year growth occured from 2010 to 2011, when the median household income increased by 12,713 (from $51,441 to $64,154). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 7,925 (from $61,944 to $54,019).
- It then further increased to $88,724 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3746, it is evident that income distribution in Rose, Wisconsin exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $80,731. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $33,441.
Read more about Rose, Wisconsin 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)