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, Sanborn town sees its highest median household income among householders in the age group of 45 to 64 years old, at $70,913. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Sanborn town, the median household income stands at $70,913 for householders within the 45 to 64 years age group, followed by $66,093 for the 25 to 44 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $55,011.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $28,763(68.24%), escalating from a median of $42,150 in 2011 to $70,913 in 2021.
- 7(1.29%) households where the householder is under 25 years old.
- 99(18.27%) households with a householder aged between 25 and 44 years.
- 275(50.74%) households with a householder aged between 45 and 64 years.
- 161(29.70%) households where the householder is over 65 years old.
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Gender
In Sanborn town, the population consists of 718 males (53.74%) and 618 females (46.26%). Here are the primary highlights from the gender-based income distribution analysis:
- In Sanborn town, the median income for all workers aged 15 years and older, regardless of work hours, was $27,409 for males and $35,375 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $36,643 for males and $37,770 for females.
- In Sanborn town, the median income for all workers aged 15 years and older, regardless of work hours, was $27,409 for males and $35,375 for females.
- In Sanborn town, among full-time, year-round workers aged 15 years and older, males earned a median income of $36,643, while females earned $37,770
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Race
In Sanborn town, the population is predominantly American Indian and Alaska Native, constituting 81.81% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for American Indian and Alaska Native households is $68,401.
- In Sanborn town, American Indian and Alaska Native is both the largest group and the one with the highest median household income, which stands at $68,401.
- In Sanborn town, the median household income for White households was $55,856 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
- 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
Sanborn, Wisconsin median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Sanborn town increased by $21,443 (48.39%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 8 years and declined for 3 years.
- The most significant year-by-year growth occured from 2017 to 2018, when the median household income increased by 16,053 (from $35,928 to $51,981). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 7,543 (from $38,511 to $30,968).
- It then further increased to $64,044 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4047, it is evident that income distribution in Sanborn, Wisconsin exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $71,583. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $46,115.
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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)