Age of householder
Per the latest American Community Survey by the Census Bureau, Webber township sees its highest median household income among householders in the age group of 65 years and over old, at $54,085. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Webber township, the median household income stands at $54,085 for householders within the 65 years and over age group, followed by $37,156 for the 25 to 44 years age group. Notably, householders within the 45 to 64 years age group, had the lowest median household income at $21,232.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $25,572(89.69%), escalating from a median of $28,513 in 2011 to $54,085 in 2021.
- 11(1.85%) households where the householder is under 25 years old.
- 75(12.63%) households with a householder aged between 25 and 44 years.
- 216(36.36%) households with a householder aged between 45 and 64 years.
- 292(49.16%) households where the householder is over 65 years old.
Read more about Webber Township, Michigan median household income by age ➔
Gender
In Webber township, the population consists of 967 males (51.30%) and 918 females (48.70%). Here are the primary highlights from the gender-based income distribution analysis:
- In Webber township, the median income for all workers aged 15 years and older, regardless of work hours, was $22,591 for males and $15,673 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $32,728 for males and $52,919 for females.
- In Webber township, the median income for all workers aged 15 years and older, regardless of work hours, was $22,591 for males and $15,673 for females.
- In Webber township, among full-time, year-round workers aged 15 years and older, males earned a median income of $32,728, while females earned $52,919
Read more about Webber Township, Michigan income by gender ➔
Race
In Webber township, the population is predominantly White, constituting 68.01% 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 $31,455.
- In Webber township, White is both the largest group and the one with the highest median household income, which stands at $31,455.
- In Webber township, the median household income for the households where the householder is White increased by $1,746(5.88%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $29,709 in 2011 and $31,455 in 2021.
- In Webber township, the median household income for the households where the householder is Black or African American increased by $8,187(38.41%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $21,313 in 2011 and $29,500 in 2021.
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Year by year
Webber Township, Michigan median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Webber township increased by $5,089 (18.05%), 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 2017 to 2018, when the median household income increased by 5,782 (from $20,185 to $25,967). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 4,258 (from $26,311 to $22,053).
- It then further increased to $51,104 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4798, it is evident that income distribution in Webber Township, Michigan exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $55,256. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $17,264.
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