Gender
In West Bloomfield charter township, the population consists of 32,807 males (49.63%) and 33,292 females (50.37%). Here are the primary highlights from the gender-based income distribution analysis:
- In West Bloomfield charter township, the median income for all workers aged 15 years and older, regardless of work hours, was $64,532 for males and $40,374 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $98,091 for males and $75,862 for females.
- In West Bloomfield charter township, the median income for all workers aged 15 years and older, regardless of work hours, was $64,532 for males and $40,374 for females.
- In West Bloomfield charter township, among full-time, year-round workers aged 15 years and older, males earned a median income of $98,091, while females earned $75,862, leading to a 23% gender pay gap among full-time workers. This illustrates that women earn 77 cents for each dollar earned by men in full-time roles. This analysis indicates a widening gender pay gap, showing a substantial income disparity where women, despite working full-time, face a more significant wage discrepancy compared to men in the same roles.
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Race
In West Bloomfield charter township, the population is predominantly White, constituting 73.50% 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 $124,955.
- In West Bloomfield charter township, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $150,306. This reveals that, while Whites may be the most numerous in West Bloomfield charter township, Asian households experience greater economic prosperity in terms of median household income.
- In West Bloomfield charter township, the median household income for the households where the householder is White increased by $27,362(28.04%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $97,593 in 2012 and $124,955 in 2022.
- In West Bloomfield charter township, the median household income for the households where the householder is Black or African American decreased by $1,911(1.85%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $103,051 in 2012 and $101,140 in 2022.
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Year by year
West Bloomfield charter Township, Michigan median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for West Bloomfield charter township decreased by $7,412 (5.66%), 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 2020 to 2021, when the median household income increased by 3,245 (from $120,229 to $123,474). Similarly the most substantial year-by-year decline occured from 2011 to 2012, when the median household income decreased by 7,626 (from $124,005 to $116,379).
- It then further increased to $250,001 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4789, it is evident that income distribution in West Bloomfield charter Township, Michigan exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $148,798. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $48,806.
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