All incomes in 2022 inflation-adjusted dollars using R-CPI-U-RS. Sources: U.S. Census Bureau, American Community Survey (ACS) 2017-2021 5-Year Estimates
TABLE OF CONTENTS
Age of householder
Per the latest American Community Survey by the Census Bureau, Wilkinson township sees its highest median household income among householders in the age group of 45 to 64 years old, at $79,717. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Wilkinson township, the median household income stands at $79,717 for householders within the 45 to 64 years age group, followed by $45,038 for the 25 to 44 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $38,283.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $1,507(4.10%), escalating from a median of $36,776 in 2011 to $38,283 in 2021.
- 2(1.12%) households where the householder is under 25 years old.
- 60(33.71%) households with a householder aged between 25 and 44 years.
- 50(28.09%) households with a householder aged between 45 and 64 years.
- 66(37.08%) households where the householder is over 65 years old.
Read more about Wilkinson Township, Minnesota median household income by age ➔
Gender
In Wilkinson township, the population consists of 253 males (45.26%) and 306 females (54.74%). Here are the primary highlights from the gender-based income distribution analysis:
- In Wilkinson township, the median income for all workers aged 15 years and older, regardless of work hours, was $32,968 for males and $18,367 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $56,072 for males and $39,859 for females.
- In Wilkinson township, the median income for all workers aged 15 years and older, regardless of work hours, was $32,968 for males and $18,367 for females.
- In Wilkinson township, among full-time, year-round workers aged 15 years and older, males earned a median income of $56,072, while females earned $39,859, leading to a 29% gender pay gap among full-time workers. This illustrates that women earn 71 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.
Read more about Wilkinson Township, Minnesota income by gender ➔
Race
In Wilkinson township, the population is predominantly American Indian and Alaska Native, constituting 52.42% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for American Indian and Alaska Native households is $33,545.
- In Wilkinson township, despite the American Indian and Alaska Native population being the most populous, it is worth noting that White households actually reports the highest median household income, with a median income of $75,664. This reveals that, while American Indian and Alaska Natives may be the most numerous in Wilkinson township, White households experience greater economic prosperity in terms of median household income.
- In Wilkinson township, the median household income for the households where the householder is White increased by $36,618(93.78%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $39,046 in 2011 and $75,664 in 2021.
- Even though there is a population where the householder is Black or African American, there was no median household income reported by the U.S. Census Bureau for both 2011 and 2021.
Read more about Wilkinson Township, Minnesota median household income by race ➔
Year by year
Wilkinson Township, Minnesota median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Wilkinson township decreased by $5,675 (11.60%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 3 years and declined for 8 years.
- The most significant year-by-year growth occured from 2010 to 2011, when the median household income increased by 18,102 (from $48,911 to $67,013). Similarly the most substantial year-by-year decline occured from 2012 to 2013, when the median household income decreased by 8,889 (from $65,841 to $56,952).
- It then further increased to $49,992 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.3974, it is evident that income distribution in Wilkinson Township, Minnesota exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $48,641. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $32,427.
Read more about Wilkinson Township, Minnesota median household income ➔
References
- U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)