Gender
In Brick township, the population consists of 35,922 males (48.71%) and 37,823 females (51.29%). Here are the primary highlights from the gender-based income distribution analysis:
- In Brick township, the median income for all workers aged 15 years and older, regardless of work hours, was $47,915 for males and $36,521 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $72,773 for males and $61,557 for females.
- In Brick township, the median income for all workers aged 15 years and older, regardless of work hours, was $47,915 for males and $36,521 for females.
- In Brick township, among full-time, year-round workers aged 15 years and older, males earned a median income of $72,773, while females earned $61,557, resulting in a 15% gender pay gap among full-time workers. This illustrates that women earn 85 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 Brick township.
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Race
In Brick township, the population is predominantly White, constituting 86.79% 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 $81,487.
- In Brick township, 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 $108,031. This reveals that, while Whites may be the most numerous in Brick township, Two or More Races households experience greater economic prosperity in terms of median household income.
- In Brick township, the median household income for the households where the householder is White decreased by $10,246(11.17%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $91,733 in 2012 and $81,487 in 2022.
- In Brick township, the median household income for the households where the householder is Black or African American decreased by $66,642(68.05%), between 2012 and 2022. The median household income, in 2022 inflation-adjusted dollars, was $97,936 in 2012 and $31,294 in 2022.
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Year by year
Brick 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 Brick township increased by $5,179 (5.89%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 7 years and declined for 4 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 2,266 (from $89,892 to $92,158). Similarly the most substantial year-by-year decline occured from 2015 to 2016, when the median household income decreased by 1,107 (from $87,523 to $86,416).
- It then further decreased to -666,666,666 for 7-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.442, it is evident that income distribution in Brick Township, New Jersey exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $102,450. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $52,304.
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