Graph and download economic data for Estimate of Median Household Income for Suffolk County, MA (MHIMA25025A052NCEN) from 1989 to 2023 about Suffolk County, MA; Boston; MA; households; median; income; and USA.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Boston. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Boston. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2023

In terms of income distribution across age cohorts, in Boston, the median household income stands at $55,938 for householders within the 25 to 44 years age group, followed by $48,594 for the 45 to 64 years age group. Notably, householders within the under 25 years age group, had the lowest median household income at $18,214.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Boston median household income by age. You can refer the same here

Graph and download economic data for Estimate of Median Household Income for Middlesex County, MA (MHIMA25017A052NCEN) from 1989 to 2023 about Middlesex County, MA; Boston; MA; households; median; income; and USA.

Comprehensive demographic dataset for Boston, MA, US including population statistics, household income, housing units, education levels, employment data, and transportation with year-over-year changes.

Graph and download economic data for 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Middlesex County, MA (MHICIUBMA25017A052NCEN) from 1989 to 2023 about Middlesex County, MA; Boston; MA; households; median; income; and USA.

Graph and download economic data for Estimate of Median Household Income for Essex County, MA (MHIMA25009A052NCEN) from 1989 to 2023 about Essex County, MA; Boston; MA; households; median; income; and USA.

Graph and download economic data for Estimate of Median Household Income for Norfolk County, MA (MHIMA25021A052NCEN) from 1989 to 2023 about Norfolk County, MA; Boston; MA; households; median; income; and USA.

Graph and download economic data for Estimate of Median Household Income for Plymouth County, MA (MHIMA25023A052NCEN) from 1989 to 2023 about Plymouth County, MA; Boston; MA; households; median; income; and USA.

Graph and download economic data for Real Median Household Income in Massachusetts (MEHOINUSMAA672N) from 1984 to 2024 about MA, households, median, income, real, and USA.

In 2023, the median household income in Massachusetts amounted to 106,500 U.S. dollars. This is an increase from the previous year, when the median household income in the state was 93,550 U.S. dollars. Household median income data for the United States as a whole can be accessed here.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in South Boston, VA, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 8,989, while the mean income for the highest quintile (20% of households with the highest income) is 145,143. This indicates that the top earners earn 16 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 229,062, which is 157.82% higher compared to the highest quintile, and 2548.25% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2023 inflation-adjusted dollars for the specific income level.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for South Boston median household income. You can refer the same here

About this dataset

Context

The dataset presents the median household incomes over the past decade across various racial categories identified by the U.S. Census Bureau in New Boston. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. It also showcases the annual income trends, between 2013 and 2023, providing insights into the economic shifts within diverse racial communities.The dataset can be utilized to gain insights into income disparities and variations across racial categories, aiding in data analysis and decision-making..

Key observations

• White: In New Boston, the median household income for the households where the householder is White increased by $10,767(21.22%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $50,743 in 2013 and $61,510 in 2023.
• Black or African American: As per the U.S. Census Bureau population data, in New Boston, there are no households where the householder is Black or African American; hence, the median household income for the Black or African American population is not applicable.
• Refer to the research insights for more key observations on American Indian and Alaska Native, Asian, Native Hawaiian and Other Pacific Islander, Some other race and Two or more races (multiracial) households

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in New Boston.
• 2010: 2010 median household income
• 2011: 2011 median household income
• 2012: 2012 median household income
• 2013: 2013 median household income
• 2014: 2014 median household income
• 2015: 2015 median household income
• 2016: 2016 median household income
• 2017: 2017 median household income
• 2018: 2018 median household income
• 2019: 2019 median household income
• 2020: 2020 median household income
• 2021: 2021 median household income
• 2022: 2022 median household income
• 2023: 2023 median household income
• Please note: All incomes have been adjusted for inflation and are presented in 2023-inflation-adjusted dollars.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for New Boston median household income by race. You can refer the same here

Comprehensive demographic dataset for Back Bay, Boston, MA, US including population statistics, household income, housing units, education levels, employment data, and transportation with year-over-year changes.

Comprehensive demographic dataset for East Boston, Boston, MA, US including population statistics, household income, housing units, education levels, employment data, and transportation with year-over-year changes.

Graph and download economic data for 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Norfolk County, MA (MHICIUBMA25021A052NCEN) from 1989 to 2023 about Norfolk County, MA; Boston; MA; households; median; income; and USA.

Graph and download economic data for 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Suffolk County, MA (MHICIUBMA25025A052NCEN) from 1989 to 2023 about Suffolk County, MA; Boston; MA; households; median; income; and USA.

About this dataset

Context

The dataset presents the median household income across different racial categories in Boston. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. The dataset can be utilized to gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories.

Key observations

Based on our analysis of the distribution of Boston population by race & ethnicity, the population is predominantly Black or African American. This particular racial category constitutes the majority, accounting for 65.90% of the total residents in Boston. Notably, the median household income for Black or African American households is $33,958. Interestingly, despite the Black or African American population being the most populous, it is worth noting that White households actually reports the highest median household income, with a median income of $63,750. This reveals that, while Black or African Americans may be the most numerous in Boston, White households experience greater economic prosperity in terms of median household income.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in Boston.
• Median household income: Median household income, adjusting for inflation, presented in 2023-inflation-adjusted dollars

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Boston median household income by race. You can refer the same here

Comprehensive demographic dataset for South End Boston, Boston, MA, US including population statistics, household income, housing units, education levels, employment data, and transportation with year-over-year changes.

Comprehensive demographic dataset for Roxbury, Boston, MA, US including population statistics, household income, housing units, education levels, employment data, and transportation with year-over-year changes.

Graph and download economic data for 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Essex County, MA (MHICIUBMA25009A052NCEN) from 1989 to 2023 about Essex County, MA; Boston; MA; households; median; income; and USA.