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, Scott township sees its highest median household income among householders in the age group of 45 to 64 years old, at $79,717. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Scott township, where there exist only two delineated age groups, the median household income is $79,717 for householders within the 45 to 64 years age group, compared to $54,158 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 $25,827(91.16%), escalating from a median of $28,331 in 2011 to $54,158 in 2021.
- 3(1.28%) households where the householder is under 25 years old.
- 35(14.96%) households with a householder aged between 25 and 44 years.
- 97(41.45%) households with a householder aged between 45 and 64 years.
- 99(42.31%) households where the householder is over 65 years old.
Read more about Scott township, Wayne County, Pennsylvania median household income by age ➔
Gender
In Scott township, the population consists of 275 males (55.56%) and 220 females (44.44%). Here are the primary highlights from the gender-based income distribution analysis:
- In Scott township, the median income for all workers aged 15 years and older, regardless of work hours, was $34,679 for males and $26,251 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $54,522 for males and $79,074 for females.
- In Scott township, the median income for all workers aged 15 years and older, regardless of work hours, was $34,679 for males and $26,251 for females.
- In Scott township, among full-time, year-round workers aged 15 years and older, males earned a median income of $54,522, while females earned $79,074
Read more about Scott township, Wayne County, Pennsylvania income by gender ➔
Race
In Scott township, the population is predominantly White, constituting 94.95% 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 $58,099.
- In Scott township, White is both the largest group and the one with the highest median household income, which stands at $58,099.
- In Scott township, the median household income for the households where the householder is White increased by $23,429(67.58%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $34,670 in 2011 and $58,099 in 2021.
- As per the U.S. Census Bureau population data, in Scott 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 Scott township, Wayne County, Pennsylvania median household income by race ➔
Year by year
Scott township, Wayne County, Pennsylvania median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Scott township increased by $19,814 (53.98%), 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 2014 to 2015, when the median household income increased by 22,653 (from $34,903 to $57,556). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 6,154 (from $62,677 to $56,523).
- It then further increased to $95,931 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4276, it is evident that income distribution in Scott township, Wayne County, Pennsylvania exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $92,778. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $28,374.
Read more about Scott township, Wayne County, Pennsylvania 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)