Age of householder
Per the latest American Community Survey by the Census Bureau, Sandy River plantation sees its highest median household income among householders in the age group of 45 to 64 years old, at $96,269. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Sandy River plantation, where there exist only two delineated age groups, the median household income is $96,269 for householders within the 45 to 64 years age group, compared to $47,830 for the 65 years and over age group.
- Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $60,617(170.02%), escalating from a median of $35,652 in 2011 to $96,269 in 2021.
- 0 households where the householder is under 25 years old.
- 7(10.61%) households with a householder aged between 25 and 44 years.
- 22(33.33%) households with a householder aged between 45 and 64 years.
- 37(56.06%) households where the householder is over 65 years old.
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Gender
In Sandy River plantation, the population consists of 67 males (44.08%) and 85 females (55.92%). Here are the primary highlights from the gender-based income distribution analysis:
- In Sandy River plantation, the median income for all workers aged 15 years and older, regardless of work hours, was $31,677 for males and $47,402 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $32,127 for males and $47,177 for females.
- In Sandy River plantation, the median income for all workers aged 15 years and older, regardless of work hours, was $31,677 for males and $47,402 for females.
- In Sandy River plantation, among full-time, year-round workers aged 15 years and older, males earned a median income of $32,127, while females earned $47,177
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Race
In Sandy River plantation, the population is predominantly White, constituting 100% 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 $50,262.
- In Sandy River plantation, White is both the largest group and the one with the highest median household income, which stands at $50,262.
- In Sandy River plantation, the median household income for the households where the householder is White increased by $14,508(40.58%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $35,754 in 2011 and $50,262 in 2021.
- As per the U.S. Census Bureau population data, in Sandy River plantation, 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.
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Year by year
Sandy River Plantation, Maine median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Sandy River plantation decreased by $17,624 (25.96%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 4 years and declined for 7 years.
- The most significant year-by-year growth occured from 2011 to 2012, when the median household income increased by 29,086 (from $35,754 to $64,840). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 32,132 (from $67,886 to $35,754).
- It then further decreased to 46,749 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3987, it is evident that income distribution in Sandy River Plantation, Maine exihibits characterstics of moderate equality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $53,686.
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