About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in United States. 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 United States. 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 United States, householders within the 45 to 64 years age group have the highest median household income at $94,847, followed by those in the 25 to 44 years age group with an income of $87,575. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $57,108. Notably, householders within the under 25 years age group, had the lowest median household income at $43,534.

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 United States median household income by age. You can refer the same here

In 2023, the median annual family income in the District of Columbia was 157,210 U.S. dollars, the highest of any state. Comparatively, the median family income for Mississippi was 72,259 U.S. dollars. For the United States as a whole, the median annual family income was 96,401 U.S. dollars.

Graph and download economic data for Median Personal Income in the United States from 1974 to 2024 about personal income, personal, median, income, and USA.

Asian households measured the highest median household income among racial and ethnic groups in the United States. In 2024, Asian household incomes reached a median of 121,700 U.S. dollars. On the other hand, Black households had the lowest median income of 56,020 U.S. dollars. Overall, median household incomes in the United States stood at 83,730 U.S. dollars that year.Asian and Caucasian (white not Hispanic) households had relatively high median incomes, while the median income of Hispanic, African American, American Indian, and Alaskan Native households all came in lower than the national median. A number of related statistics illustrate further the current state of racial inequality in the United States. Unemployment is highest among Black or African American individuals in the U.S. nearing nine percent unemployed, according to the Bureau of Labor Statistics in 2024. Hispanic individuals (of any race) were most likely to go without health insurance as of 2024.

Graph and download economic data for Median Family Income in Northeast Census Region (MEFAINUSNEA646N) from 1953 to 2024 about Northeast Census Region, family, median, income, and USA.

In 2023, the median household income in Minnesota amounted to 90,340 U.S. dollars. This is a decrease from the previous year, when the median household income in the state was 90,390 U.S. dollars. Median household income for the United States as a whole can be found here.

In 2023 the mean earnings of Bachelor's degree holders in the United States amounted to 86,970 U.S. dollars. People with higher education degrees tended to earn more than those without. For example, high school graduates, including those with a GED, had mean earnings of 46,720 U.S. dollars.

About this dataset

Context

The dataset presents median household incomes for various household sizes in Jersey City, NJ, as reported by the U.S. Census Bureau. The dataset highlights the variation in median household income with the size of the family unit, offering valuable insights into economic trends and disparities within different household sizes, aiding in data analysis and decision-making.

Key observations

• Of the 7 household sizes (1 person to 7-or-more person households) reported by the census bureau, all of the household sizes were found in Jersey City. Across the different household sizes in Jersey City the mean income is $110,379, and the standard deviation is $23,502. The coefficient of variation (CV) is 21.29%. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households.
• In the most recent year, 2023, The smallest household size for which the bureau reported a median household income was 1-person households, with an income of $61,700. It then further increased to $132,273 for 7-person households, the largest household size for which the bureau reported a 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.

Household Sizes:

• 1-person households
• 2-person households
• 3-person households
• 4-person households
• 5-person households
• 6-person households
• 7-or-more-person households

Variables / Data Columns

• Household Size: This column showcases 7 household sizes ranging from 1-person households to 7-or-more-person households (As mentioned above).
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific household size.

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 Jersey City median household income. You can refer the same here

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Palmyra township. 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 Palmyra township. 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 Palmyra township, the median household income stands at $109,375 for householders within the 45 to 64 years age group, followed by $101,250 for the 25 to 44 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $58,000.

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 Palmyra township median household income by age. You can refer the same here

In 2023, the median household income in Michigan amounted to 76,960 U.S. dollars. This is a slight increase from the previous year, when the median household income amounted to 68,990 U.S. dollars. The household median income of the United States can be accessed here.

Graph and download economic data for Median Household Income in Utah (MEHOINUSUTA646N) from 1984 to 2024 about UT, households, median, income, and USA.

Graph and download economic data for Estimate of Median Household Income for Massachusetts (MHIMA25000A052NCEN) from 1989 to 2023 about MA, households, median, income, and USA.

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in Hamden town: Under 25 years, 25-44 years, 45-64 years, and over 65 years. The dataset highlights the variation in household income, offering valuable insights into economic trends and disparities within different age categories, aiding in data analysis and decision-making..

Key observations

• Upon closer examination of the distribution of households among age brackets, it reveals that there are 648(2.89%) households where the householder is under 25 years old, 6,836(30.51%) households with a householder aged between 25 and 44 years, 8,725(38.95%) households with a householder aged between 45 and 64 years, and 6,194(27.65%) households where the householder is over 65 years old.
• In Hamden town, the age group of 45 to 64 years stands out with both the highest median income and the maximum share of households. This alignment suggests a financially stable demographic, indicating an established community with stable careers and higher incomes.

https://i.neilsberg.com/ch/hamden-ct-household-income-by-age-groups.jpeg" alt="Hamden, Connecticut household income distribution across age groups">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Income brackets:

• Less than $10,000
• $10,000 to $14,999
• $15,000 to $19,999
• $20,000 to $24,999
• $25,000 to $29,999
• $30,000 to $34,999
• $35,000 to $39,999
• $40,000 to $44,999
• $45,000 to $49,999
• $50,000 to $59,999
• $60,000 to $74,999
• $75,000 to $99,999
• $100,000 to $124,999
• $125,000 to $149,999
• $150,000 to $199,999
• $200,000 or more

Variables / Data Columns

• Household Income: This column showcases 16 income brackets ranging from Under $10,000 to $200,000+ ( As mentioned above).
• Under 25 years: The count of households led by a head of household under 25 years old with income within a specified income bracket.
• 25 to 44 years: The count of households led by a head of household 25 to 44 years old with income within a specified income bracket.
• 45 to 64 years: The count of households led by a head of household 45 to 64 years old with income within a specified income bracket.
• 65 years and over: The count of households led by a head of household 65 years and over old with income within a specified income bracket.

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 Hamden town median household income by age. You can refer the same here

In the United States, the median income for Asian households in 2024 was 121,700 U.S. dollars. This represented a significant increase from the previous year. Since 2002, the median income for Asian households grew from 86,910 U.S. dollars (adjusted to 2024 values).

In 2023, the median household income in West Virginia amounted to 60,410 U.S. dollars. This is an increase from the previous year, when the median household income in the state amounted to 52,460 U.S. dollars. The median household income for the United States may be accessed here.

In 2024, the median income range between of more than 200,000 U.S. dollars was the largest share of homebuyers in the United States that year. Among them, almost ** percent were between 26 and 59 years old. The income range between 100,000 and 124,999 U.S. dollars was the second one with the largest share of homebuyers in the United States that year. Among them, ** percent were between 18 and 34 years old.

In 2023, the median household income in Hawaii amounted to 97,360 U.S. dollars. This is an increase from the previous year, when the median household income in the state was 91,010 U.S. dollars. Data for the median income in the United States can be accessed here.

In 2023, the median household income in Mississippi amounted to 55,060 U.S. dollars. This is an increase from the previous year, when the median household income in the state was 48,610 U.S. dollars. Mississippi remains far behind the U.S. median income which can be accessed here.

United States Household Income: Arkansas data was reported at 48,829.000 USD in 2017. This records an increase from the previous number of 45,907.000 USD for 2016. United States Household Income: Arkansas data is updated yearly, averaging 30,849.500 USD from Mar 1984 (Median) to 2017, with 34 observations. The data reached an all-time high of 48,829.000 USD in 2017 and a record low of 15,674.000 USD in 1984. United States Household Income: Arkansas data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.H048: Household Income: by State.

United States Household Income: Wisconsin data was reported at 63,451.000 USD in 2017. This records an increase from the previous number of 59,817.000 USD for 2016. United States Household Income: Wisconsin data is updated yearly, averaging 45,217.000 USD from Mar 1984 (Median) to 2017, with 34 observations. The data reached an all-time high of 63,451.000 USD in 2017 and a record low of 20,743.000 USD in 1984. United States Household Income: Wisconsin data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s United States – Table US.H048: Household Income: by State.