Age of householder
Per the latest American Community Survey by the Census Bureau, St. James township sees its highest median household income among householders in the age group of 65 years and over old, at $77,401. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in St. James township, where there exist only two delineated age groups, the median household income is $77,401 for householders within the 65 years and over age group, compared to $69,359 for the 45 to 64 years age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $30,547(65.20%), escalating from a median of $46,854 in 2011 to $77,401 in 2021.
- 9(6.08%) households where the householder is under 25 years old.
- 4(2.70%) households with a householder aged between 25 and 44 years.
- 54(36.49%) households with a householder aged between 45 and 64 years.
- 81(54.73%) households where the householder is over 65 years old.
Read more about St. James Township, Michigan median household income by age ➔
Gender
In St. James township, the population consists of 146 males (43.98%) and 186 females (56.02%). Here are the primary highlights from the gender-based income distribution analysis:
- In St. James township, the median income for all workers aged 15 years and older, regardless of work hours, was $48,641 for males and $27,216 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $55,847 for males and $29,050 for females.
- In St. James township, the median income for all workers aged 15 years and older, regardless of work hours, was $48,641 for males and $27,216 for females.
- In St. James township, among full-time, year-round workers aged 15 years and older, males earned a median income of $55,847, while females earned $29,050, leading to a 48% gender pay gap among full-time workers. This illustrates that women earn 52 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.
Read more about St. James Township, Michigan income by gender ➔
Race
In St. James township, the population is predominantly White, constituting 95.48% 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 $76,339.
- In St. James township, White is both the largest group and the one with the highest median household income, which stands at $76,339.
- In St. James township, the median household income for the households where the householder is White increased by $23,627(44.82%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $52,712 in 2011 and $76,339 in 2021.
- As per the U.S. Census Bureau population data, in St. James 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 St. James Township, Michigan median household income by race ➔
Year by year
St. James Township, Michigan median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for St. James township increased by $15,284 (25.03%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 6 years and declined for 5 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 12,459 (from $65,161 to $77,620). Similarly the most substantial year-by-year decline occured from 2014 to 2015, when the median household income decreased by 11,907 (from $57,397 to $45,490).
- It then further increased to $106,547 for 3-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3919, it is evident that income distribution in St. James Township, Michigan exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $77,184. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $42,899.
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