Montgomery County Women Increase Income at Higher Rate than Men
Recent data shows that women in Montgomery County had a higher increase in income than men between 2009 and 2015. While men still make more money than women, the data shows that women are closing the gap.
The study was conducted by Pansop.com, a community knowledge sharing website built to help people become more knowledgeable about specific topics. In regards to this study, the data comes from the U.S. Census Bureau. The data represents individual males and females in the U.S aged 15 and up therefore the younger population is factored in, however it is still effective to see the income change over time.
From 2009 to 2015, the numbers show that the female median income increased by 48.4 percent while male median income decreased by 18.5 percent. The information is best represented in the following graphs frond on http://www.pansop.com/metric-article/24/2880/
Here the numbers show that women in Montgomery County have increased their income by a greater amount than males during the 6 year time period.
While the numbers for women have increased, figures show that the median income for males in 2015 was $21,831 while the median income for females was $18,482.
“Women in Montgomery County have seen a significant increase in income when compared to males. Such changes suggest that women are getting closer towards a more even salary which can be seen on the county level” said data analyst for Pansop, Kevin Pryor.
The statistics for Montgomery County represents a trend happening across the United States where females are experiencing a higher increase in income than males. This trend indicates that more women are entering higher paying positions in the workforce. Efforts made by such women represent movement towards a narrowing pay gap between the two genders.
Pansop.com is a knowledge based analytics service. Team members research data from public sources such as the U.S Census Bureau and private databases to produce insightful studies. Pansop’s data is aimed to serve niche industry professionals and organizations so they may gain further insight into market dynamics. Pansop.com is a product of Gridlex, which has a cross functional team of software engineers, data scientists, and analysts.