Median Household Income by Racial Categories in Tunkhannock township, Monroe County, Pennsylvania , in 2023 inflation-adjusted dollars
This table presents the median household income across different racial categories in Tunkhannock township, based on the latest 5-Year estimates from the American Community Survey , when adjusted for the inflation.
| Race Of The Head Of Household | Median Household Income |
|---|---|
| White | $70,387 |
| Black or African American | $36,667 |
| Two or More Races | $81,250 |
TABLE OF CONTENTS
Tunkhannock township, Monroe County, Pennsylvania median household income diversity
Based on our analysis of the distribution of Tunkhannock township population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 61.44% of the total residents in Tunkhannock township. Notably, the median household income for White households is $70,387.
Interestingly, despite the White population being the most populous, it is worth noting that Two or More Races households actually reports the highest median household income, with a median income of $81,250. This reveals that, while Whites may be the most numerous in Tunkhannock township, Two or More Races households experience greater economic prosperity in terms of median household income.
For a better visual representation of these income disparities, take a look at the bar chart below. It illustrates the varying median household incomes across races, providing a clear comparison for each of the racial categories defined by the U.S. Census Bureau. All incomes have been adjusted for 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).
As we explore median household incomes in Tunkhannock township, we observe that Two or More Races households report a median income of about $81,250, White households report a median income of about $70,387 and Black or African American households earn roughly $36,667. These differences shed light on the income distribution within the township of Tunkhannock township.
Tunkhannock township, Monroe County, Pennsylvania median household income trends across races
A decade typically encompasses substantial economic changes. To conduct a comprehensive analysis of these changes in Tunkhannock township, we have analysed how these changes have unfolded among the racial categories identified by the U.S. Census Bureau for the township of Tunkhannock township.
Key stats for each racial category as per our analysis of U.S. Census Bureau American Community Survey:
- White: In Tunkhannock township, the median household income for the households where the householder is White increased by $3,235(4.82%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $67,152 in 2013 and $70,387 in 2023.
- Black or African American: In Tunkhannock township, the median household income for the households where the householder is Black or African American decreased by $27,727(43.06%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $64,394 in 2013 and $36,667 in 2023.
- American Indian and Alaska Native: The U.S. Census Bureau population data for Tunkhannock township, indicates a lack of households led by American Indian and Alaska Native individuals. As a result, the median household income for the American Indian and Alaska Native population is not available.
- Asian: Even though there is a population where the householder is Asian, there was no median household income reported by the U.S. Census Bureau for both 2013 and 2023.
- Native Hawaiian and Other Pacific Islander: According to the U.S. Census Bureau population data for Tunkhannock township, there are no households with Native Hawaiian and Other Pacific Islander householders. Consequently, the median household income for the Native Hawaiian and Other Pacific Islander population is not available.
- Some other race: In Tunkhannock township, the median household income for Some other race households was $124,928 in 2013(2023 inflation-adjusted dollars). However there is no reported data for 2023, indicating a lack of information for this specific year.
- Two or more races (multiracial): In Tunkhannock township, there was no reported median household income for multiracial households in 2013. However, in 2023, the median household income increased to $81,250, marking a significant change.
- Above analysis reconfirms that there are 3 race households in Tunkhannock township. Households are categorized based on the self-identified race of the head of household.
Tunkhannock township median household income by race betwen 2013 and 2023
Explore the evolution of median household incomes over the past decade across various racial categories identified by the U.S. Census Bureau. This table showcases the annual income trends, from 2013 to 2023, providing insights into the economic shifts within diverse racial communities.
| Race Of The Head Of Household | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| White | $68,430 | $78,679 | $71,683 | $67,152 | $67,657 | $59,031 | $77,657 | $88,850 | $91,379 | $83,448 | $92,680 | $91,364 | $86,771 | $70,387 |
| Black or African American | $48,470 | $72,083 | $60,569 | $64,394 | $62,995 | $71,676 | $58,321 | $54,896 | $47,138 | $48,819 | $46,142 | $43,909 | $38,722 | $36,667 |
| Some Other Race | $50,929 | $80,893 | $59,705 | $124,928 | $103,631 | $103,695 | $85,594 | $87,229 | N/A | N/A | N/A | N/A | $67,781 | N/A |
| Two or More Races | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $81,250 |
Things to know
Which racial group has the highest median household income according to the Census Bureau in Tunkhannock township, Monroe County, Pennsylvania?
Among the racial categories identified by the U.S. Census Bureau, and the American Community Survey 2019-2023 5-Year Estimates, households with Two or More Races householders in Tunkhannock township have the highest median household income at $81,250.
How does the median household income vary by race in Tunkhannock township, Monroe County, Pennsylvania?
In Tunkhannock township, the median household income As we explore median household incomes in Tunkhannock township, we observe that Two or More Races households report a median income of about $81,250, White households report a median income of about $70,387 and Black or African American households earn roughly $36,667. These differences shed light on the income distribution within the township of Tunkhannock township..
Which racial group has the lowest median household income according to the Census Bureau in Tunkhannock township, Monroe County, Pennsylvania?
Of the racial categories outlined by the U.S. Census Bureau and the American Community Survey 2019-2023 5-Year Estimates, households headed by individuals identifying as Black or African American in Tunkhannock township exhibit the lowest median household income at $36,667 among the identified racial categories.
What is the median household income for White households in Tunkhannock township, Monroe County, Pennsylvania?
In Tunkhannock township, the median household income for the households where the householder is White increased by $3,235(4.82%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $67,152 in 2013 and $70,387 in 2023.
What is the median household income for Black or African American households in Tunkhannock township, Monroe County, Pennsylvania?
In Tunkhannock township, the median household income for the households where the householder is Black or African American decreased by $27,727(43.06%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $64,394 in 2013 and $36,667 in 2023.
References
- U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)