Age of householder
Per the latest American Community Survey by the Census Bureau, Union Center sees its highest median household income among householders in the age group of 25 to 44 years old, at $76,339. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Union Center, where there exist only two delineated age groups, the median household income is $76,339 for householders within the 25 to 44 years age group, compared to $71,881 for the 45 to 64 years age group.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $24,363(46.87%), escalating from a median of $51,976 in 2011 to $76,339 in 2021.
- 5(5.62%) households where the householder is under 25 years old.
- 23(25.84%) households with a householder aged between 25 and 44 years.
- 44(49.44%) households with a householder aged between 45 and 64 years.
- 17(19.10%) households where the householder is over 65 years old.
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Gender
In Union Center, the population consists of 89 males (45.18%) and 108 females (54.82%). Here are the primary highlights from the gender-based income distribution analysis:
- In Union Center, the median income for all workers aged 15 years and older, regardless of work hours, was $54,046 for males and $36,819 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $55,667 for males and $51,614 for females.
- In Union Center, the median income for all workers aged 15 years and older, regardless of work hours, was $54,046 for males and $36,819 for females.
- In Union Center, among full-time, year-round workers aged 15 years and older, males earned a median income of $55,667, while females earned $51,614, resulting in a 7% gender pay gap among full-time workers. This illustrates that women earn 93 cents for each dollar earned by men in full-time positions. While this gap shows a trend where women are inching closer to wage parity with men, it also exhibits a noticeable income difference for women working full-time in the village of Union Center.
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Race
In Union Center, the population is predominantly White, constituting 94.42% 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 $64,179.
- In Union Center, White is both the largest group and the one with the highest median household income, which stands at $64,179.
- In Union Center, the median household income for the households where the householder is White increased by $1,252(1.99%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $62,927 in 2011 and $64,179 in 2021.
- As per the U.S. Census Bureau population data, in Union Center, 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
Union Center, WI median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Union Center increased by $3,742 (6.19%), 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 2017 to 2018, when the median household income increased by 28,315 (from $43,081 to $71,396). Similarly the most substantial year-by-year decline occured from 2014 to 2015, when the median household income decreased by 15,847 (from $59,982 to $44,135).
- It then further increased to $95,931 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3012, it is evident that income distribution in Union Center, WI exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $72,511. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $0.
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