Age of householder
Per the latest American Community Survey by the Census Bureau, Wilkes-Barre township sees its highest median household income among householders in the age group of 45 to 64 years old, at $73,475. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Wilkes-Barre township, the median household income stands at $73,475 for householders within the 45 to 64 years age group, followed by $53,595 for the 65 years and over age group. Notably, householders within the 25 to 44 years age group, had the lowest median household income at $48,276.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $28,326(112.10%), escalating from a median of $25,269 in 2011 to $53,595 in 2021.
- 34(2.31%) households where the householder is under 25 years old.
- 488(33.20%) households with a householder aged between 25 and 44 years.
- 569(38.71%) households with a householder aged between 45 and 64 years.
- 379(25.78%) households where the householder is over 65 years old.
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Gender
In Wilkes-Barre township, the population consists of 1,662 males (52.12%) and 1,527 females (47.88%). Here are the primary highlights from the gender-based income distribution analysis:
- In Wilkes-Barre township, the median income for all workers aged 15 years and older, regardless of work hours, was $36,068 for males and $33,574 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $47,984 for males and $41,033 for females.
- In Wilkes-Barre township, the median income for all workers aged 15 years and older, regardless of work hours, was $36,068 for males and $33,574 for females.
- In Wilkes-Barre township, among full-time, year-round workers aged 15 years and older, males earned a median income of $47,984, while females earned $41,033, resulting in a 14% gender pay gap among full-time workers. This illustrates that women earn 86 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 township of Wilkes-Barre township.
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Race
In Wilkes-Barre township, the population is predominantly White, constituting 79.77% 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 $68,196.
- In Wilkes-Barre township, White is both the largest group and the one with the highest median household income, which stands at $68,196.
- In Wilkes-Barre township, the median household income for the households where the householder is White increased by $19,009(38.65%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $49,187 in 2011 and $68,196 in 2021.
- In Wilkes-Barre township, the median household income for the households where the householder is Black or African American increased by $4,813(16.87%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $28,529 in 2011 and $33,342 in 2021.
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Year by year
Wilkes-Barre Township, Pennsylvania median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Wilkes-Barre township increased by $6,283 (12.10%), 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 11,596 (from $55,233 to $66,829). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 8,607 (from $66,829 to $58,222).
- It then further increased to $130,320 for 4-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3662, it is evident that income distribution in Wilkes-Barre Township, Pennsylvania exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $70,598. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $43,162.
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