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, householders within the 25 to 44 years age group have the highest median household income at $120,777, followed by those in the 45 to 64 years age group with an income of $95,859. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $49,478. Notably, householders within the under 25 years age group, had the lowest median household income at $45,729.

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 Median Household Income in Massachusetts (MEHOINUSMAA646N) from 1984 to 2023 about MA, households, median, income, and USA.

Graph and download economic data for 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Middlesex County, MA (MHICILBMA25017A052NCEN) 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 Middlesex County, MA (MHIMA25017A052NCEN) from 1989 to 2023 about Middlesex County, MA; Boston; MA; households; median; income; and USA.

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

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.

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 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.

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 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 Boston, the median household income for the households where the householder is White increased by $12,544(24.50%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $51,206 in 2013 and $63,750 in 2023.
• Black or African American: In Boston, the median household income for the households where the householder is Black or African American increased by $6,214(22.40%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $27,744 in 2013 and $33,958 in 2023.
• 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 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 Boston median household income by race. You can refer the same here

About this dataset

Context

The dataset illustrates the median household income in New Boston, spanning the years from 2010 to 2021, with all figures adjusted to 2022 inflation-adjusted dollars. Based on the latest 2017-2021 5-Year Estimates from the American Community Survey, it displays how income varied over the last decade. The dataset can be utilized to gain insights into median household income trends and explore income variations.

Key observations:

From 2010 to 2021, the median household income for New Boston decreased by $14,705 (25.32%), as per the American Community Survey estimates. In comparison, median household income for the United States increased by $4,559 (6.51%) between 2010 and 2021.

Analyzing the trend in median household income between the years 2010 and 2021, spanning 11 annual cycles, we observed that median household income, when adjusted for 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS), experienced growth year by year for 4 years and declined for 7 years.

https://i.neilsberg.com/ch/new-boston-il-median-household-income-trend.jpeg" alt="New Boston, IL median household income trend (2010-2021, in 2022 inflation-adjusted dollars)">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Years for which data is available:

• 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021

Variables / Data Columns

• Year: This column presents the data year from 2010 to 2021
• Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific year
• YOY Change($): Change in median household income between the current and the previous year, in 2022 inflation-adjusted dollars
• YOY Change(%): Percent change in median household income between current and the previous year

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. You can refer the same here

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.

Graph and download economic data for 90% Confidence Interval Upper Bound of Estimate of Median Household Income for Plymouth County, MA (MHICIUBMA25023A052NCEN) from 1989 to 2023 about Plymouth County, MA; Boston; MA; households; median; income; and USA.

Graph and download economic data for Per Capita Personal Income in Boston-Cambridge-Newton, MA-NH (MSA) (BOST625PCPI) from 1969 to 2023 about Boston, NH, MA, personal income, per capita, personal, income, and USA.

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 Essex County, MA (MHICIUBMA25009A052NCEN) from 1989 to 2023 about Essex County, MA; Boston; MA; households; median; income; and USA.

About this dataset

Context

The dataset tabulates the median household income in Boston. It can be utilized to understand the trend in median household income and to analyze the income distribution in Boston by household type, size, and across various income brackets.

Content

The dataset will have the following datasets when applicable

Please note: The 2020 1-Year ACS estimates data was not reported by the Census Bureau due to the impact on survey collection and analysis caused by COVID-19. Consequently, median household income data for 2020 is unavailable for large cities (population 65,000 and above).

• Boston, MA Median Household Income Trends (2010-2021, in 2022 inflation-adjusted dollars)
• Median Household Income Variation by Family Size in Boston, MA: Comparative analysis across 7 household sizes
• Income Distribution by Quintile: Mean Household Income in Boston, MA
• Boston, MA households by income brackets: family, non-family, and total, in 2022 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/.

Interested in deeper insights and visual analysis?

Explore our comprehensive data analysis and visual representations for a deeper understanding of Boston median household income. You can refer the same here

About this dataset

Context

The dataset presents the median household income across different racial categories in New Boston town. 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 New Boston town population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 97.08% of the total residents in New Boston town. Notably, the median household income for White households is $150,714. Interestingly, White is both the largest group and the one with the highest median household income, which stands at $150,714.

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 town.
• 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 New Boston town median household income by race. You can refer the same here

Graph and download economic data for 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Strafford County, NH (MHICILBNH33017A052NCEN) from 1989 to 2023 about Strafford County, NH; Boston; NH; households; median; income; and USA.