Age of householder
Per the latest American Community Survey by the Census Bureau, Rosendale township sees its highest median household income among householders in the age group of 25 to 44 years old, at $105,896. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Rosendale township, the median household income stands at $105,896 for householders within the 25 to 44 years age group, followed by $74,313 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 $69,178.
- Notably, household income for individuals within the 65 years and over age group demonstrated the smallest decline of $1,921(2.70%), declining from a median of $71,099 in 2011 to $69,178 in 2021.
- 0 households where the householder is under 25 years old.
- 37(34.91%) households with a householder aged between 25 and 44 years.
- 39(36.79%) households with a householder aged between 45 and 64 years.
- 30(28.30%) households where the householder is over 65 years old.
Read more about Rosendale Township, Minnesota median household income by age ➔
Gender
In Rosendale township, the population consists of 168 males (54.72%) and 139 females (45.28%). Here are the primary highlights from the gender-based income distribution analysis:
- In Rosendale township, while the Census reported a median income of $37,381 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $63,672 for males and $45,638 for females.
- In Rosendale township, while the Census reported a median income of $37,381 for all male workers aged 15 years and older, data for females in the same category was unavailable due to an insufficient number of sample observations.
- In Rosendale township, among full-time, year-round workers aged 15 years and older, males earned a median income of $63,672, while females earned $45,638, leading to a 28% gender pay gap among full-time workers. This illustrates that women earn 72 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.
Read more about Rosendale Township, Minnesota income by gender ➔
Race
In Rosendale township, the population is predominantly White, constituting 94.79% 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 $74,313.
- In Rosendale township, White is both the largest group and the one with the highest median household income, which stands at $74,313.
- In Rosendale township, the median household income for the households where the householder is White decreased by $25,390(25.47%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $99,703 in 2011 and $74,313 in 2021.
- As per the U.S. Census Bureau population data, in Rosendale 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.
Read more about Rosendale Township, Minnesota median household income by race ➔
Year by year
Rosendale Township, Minnesota median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Rosendale township decreased by $17,780 (19.89%), 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 2015 to 2016, when the median household income increased by 16,236 (from $93,535 to $109,771). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 38,871 (from $110,481 to $71,610).
- It then further increased to $134,214 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3632, it is evident that income distribution in Rosendale Township, Minnesota exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $69,752. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $105,896.
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