Age of householder
Per the latest American Community Survey by the Census Bureau, Slippery Rock township sees its highest median household income among householders in the age group of 45 to 64 years old, at $83,921. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Slippery Rock township, the median household income stands at $83,921 for householders within the 45 to 64 years age group, followed by $58,565 for the 65 years and over age group. Notably, householders within the 25 to 44 years age group, had the lowest median household income at $51,743.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated the smallest decline of $9,918(16.08%), declining from a median of $61,661 in 2011 to $51,743 in 2021.
- 373(20.85%) households where the householder is under 25 years old.
- 452(25.27%) households with a householder aged between 25 and 44 years.
- 635(35.49%) households with a householder aged between 45 and 64 years.
- 329(18.39%) households where the householder is over 65 years old.
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Gender
In Slippery Rock township, the population consists of 2,844 males (41.67%) and 3,981 females (58.33%). Here are the primary highlights from the gender-based income distribution analysis:
- In Slippery Rock township, the median income for all workers aged 15 years and older, regardless of work hours, was $13,999 for males and $9,909 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $60,005 for males and $40,997 for females.
- In Slippery Rock township, the median income for all workers aged 15 years and older, regardless of work hours, was $13,999 for males and $9,909 for females.
- In Slippery Rock township, among full-time, year-round workers aged 15 years and older, males earned a median income of $60,005, while females earned $40,997, leading to a 32% gender pay gap among full-time workers. This illustrates that women earn 68 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.
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Race
In Slippery Rock township, the population is predominantly White, constituting 91.74% 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 $52,362.
- In Slippery Rock township, White is both the largest group and the one with the highest median household income, which stands at $52,362.
- In Slippery Rock township, the median household income for the households where the householder is White decreased by $8,507(13.98%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $60,869 in 2011 and $52,362 in 2021.
- In Slippery Rock township, the median household income for Black or African American households was $13,137 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
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Year by year
Slippery Rock township, Butler County, Pennsylvania median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Slippery Rock township decreased by $1,323 (2.50%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 5 years and declined for 6 years.
- The most significant year-by-year growth occured from 2016 to 2017, when the median household income increased by 10,647 (from $48,907 to $59,554). Similarly the most substantial year-by-year decline occured from 2013 to 2014, when the median household income decreased by 10,299 (from $56,091 to $45,792).
- It then further increased to $122,836 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4986, it is evident that income distribution in Slippery Rock township, Butler County, Pennsylvania exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $94,681. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $26,432.
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