Age of householder
Per the latest American Community Survey by the Census Bureau, Seely township sees its highest median household income among householders in the age group of 25 to 44 years old, at $118,225. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Seely township, where there exist only two delineated age groups, the median household income is $118,225 for householders within the 25 to 44 years age group, compared to $51,006 for the 65 years and over age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $54,209(84.68%), escalating from a median of $64,016 in 2011 to $118,225 in 2021.
- 2(3.12%) households where the householder is under 25 years old.
- 11(17.19%) households with a householder aged between 25 and 44 years.
- 14(21.88%) households with a householder aged between 45 and 64 years.
- 37(57.81%) households where the householder is over 65 years old.
Read more about Seely Township, Minnesota median household income by age ➔
Gender
In Seely township, the population consists of 73 males (52.90%) and 65 females (47.10%). Here are the primary highlights from the gender-based income distribution analysis:
- In Seely township, the median income for all workers aged 15 years and older, regardless of work hours, was $48,641 for males and $32,652 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $57,559 for males and $66,206 for females.
- In Seely township, the median income for all workers aged 15 years and older, regardless of work hours, was $48,641 for males and $32,652 for females.
- In Seely township, among full-time, year-round workers aged 15 years and older, males earned a median income of $57,559, while females earned $66,206
Read more about Seely Township, Minnesota income by gender ➔
Race
In Seely township, 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 $66,206.
- In Seely township, White is both the largest group and the one with the highest median household income, which stands at $66,206.
- In Seely township, the median household income for the households where the householder is White increased by $3,824(6.13%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $62,382 in 2011 and $66,206 in 2021.
- As per the U.S. Census Bureau population data, in Seely 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 Seely Township, Minnesota median household income by race ➔
Year by year
Seely Township, Minnesota median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Seely township increased by $1,272 (1.96%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
- The most significant year-by-year growth occured from 2011 to 2012, when the median household income increased by 8,062 (from $62,382 to $70,444). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 8,936 (from $70,444 to $61,508).
- It then further increased to $87,149 for 2-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.5115, it is evident that income distribution in Seely Township, Minnesota exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $54,547.
Read more about Seely Township, Minnesota median household income ➔