Race
In Thorpe 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 $75,664.
- In Thorpe township, White is both the largest group and the one with the highest median household income, which stands at $75,664.
- In Thorpe township, the median household income for the households where the householder is White increased by $20,909(38.19%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $54,755 in 2011 and $75,664 in 2021.
- As per the U.S. Census Bureau population data, in Thorpe 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.
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Year by year
Thorpe Township, Minnesota median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Thorpe township increased by $34,342 (83.11%), 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 2013 to 2014, when the median household income increased by 18,189 (from $73,336 to $91,525). Similarly the most substantial year-by-year decline occured from 2014 to 2015, when the median household income decreased by 24,935 (from $91,525 to $66,590).
- Additionally, the Census Bureau did not report a median household income for larger household sizes.
- With a Gini coefficient of 0.4324, it is evident that income distribution in Thorpe Township, Minnesota exihibits characterstics of moderate inequality .
- NA. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $26,295.
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