Gender
In Woodbridge township, the population consists of 53,025 males (51.30%) and 50,328 females (48.70%). Here are the primary highlights from the gender-based income distribution analysis:
- In Woodbridge township, the median income for all workers aged 15 years and older, regardless of work hours, was $54,596 for males and $35,833 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $84,974 for males and $56,279 for females.
- In Woodbridge township, the median income for all workers aged 15 years and older, regardless of work hours, was $54,596 for males and $35,833 for females.
- In Woodbridge township, among full-time, year-round workers aged 15 years and older, males earned a median income of $84,974, while females earned $56,279, leading to a 34% gender pay gap among full-time workers. This illustrates that women earn 66 cents for each dollar earned by men in full-time roles. This level of income gap emphasizes the urgency to address and rectify this ongoing disparity, where women, despite working full-time, face a more significant wage discrepancy compared to men in the same employment roles.
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Race
In Woodbridge township, the population is predominantly White, constituting 51.18% 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 $91,408.
- In Woodbridge 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 $137,973. This reveals that, while Whites may be the most numerous in Woodbridge township, Asian households experience greater economic prosperity in terms of median household income.
- In Woodbridge township, the median household income for the households where the householder is White decreased by $2,866(3.04%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $94,274 in 2012 and $91,408 in 2022.
- In Woodbridge township, the median household income for the households where the householder is Black or African American increased by $33,742(52.11%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $64,754 in 2012 and $98,496 in 2022.
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Year by year
Woodbridge Township, New Jersey median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Woodbridge township decreased by $945 (0.88%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 8 years and declined for 3 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 3,509 (from $102,076 to $105,585). Similarly the most substantial year-by-year decline occured from 2010 to 2011, when the median household income decreased by 4,458 (from $106,967 to $102,509).
- It then further increased to $142,273 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4213, it is evident that income distribution in Woodbridge Township, New Jersey exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $120,113. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $67,492.
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