Median Household Income by Age of Householder in Adelphi, OH (2022, in 2023 inflation-adjusted dollars)
This table presents the distribution of median household income among distinct age brackets of householders in Adelphi. Based on the latest 5-Year estimates from the American Community Survey, it displays how income varies among householders of different ages in Adelphi.
| Age Of The Head Of Household | Median Household Income |
|---|---|
| Under 25 years | - |
| 25 to 44 years | - |
| 45 to 64 years | - |
| 65 years and over | $31,672 |
TABLE OF CONTENTS
Adelphi, OH median household income by age of householder
As one can expect, household incomes typically rise as the head of the household gets older. However, this upward trend reaches a peak at a certain point, and beyond that, it tends to level off or even decrease. Based on our analysis of the distribution of Adelphi population by age, the median age in Adelphi is 38.1 years.
Typically for a location with median age in this range, it suggests a dynamic mix of young professionals, often indicative of family formation and career advancement. Interestingly, according to the latest American Community Survey data, the US Census Bureau did not report the median household income for householders in the 25 to 44 years age group in Adelphi. This absence could be attributed to a smaller working population or fewer household heads within this age range, potentially resulting in less reliable or unavailable data for reporting.
In terms of income distribution across age cohorts, Adelphi only reports a median household income of $31,672 among householders in the 65 years and over age group.
For a better visual representation of these income disparities, refer to the bar chart below. It offers a clear illustration of the differences in median household incomes based on the age of householders, derived from most current ACS data provided by the Census Bureau for the village of Adelphi.
FIGURE 1
Adelphi, OH median household income by age of householder
It offers a clear illustration of the differences in median household incomes in Adelphi, based on the age of householders divided into four cohorts : Under 25 years, 25 - 44 years, 45 to 64 years and 65 years and over.
Analysis of income trends over the past decade highlights notable shifts across various age groups. Notably, household income for individuals within the 65 years and over age group demonstrated the smallest decline of $41,916(56.96%), declining from a median of $73,588 in 2012 to $31,672 in 2022. Conversely, the age group of 65 years and over years witnessed the most significant decline in household income across the same span. Their median income saw a substantial drop of $41,916(56.96%), declining from a median of $73,588 in 2012 to $31,672 in 2022.
Adelphi, OH household income distribution across age groups
To gain a comprehensive understanding of the financial landscape within the Adelphi population, we conducted an analysis of household incomes across 16 distinct brackets within four age cohorts: under 25 years, 25 to 44 years, 45 to 64 years, and over 65 years.
Upon closer examination of the distribution of households among age brackets, it reveals that there are 13(8.07%) households where the householder is under 25 years old, 56(34.78%) households with a householder aged between 25 and 44 years, 56(34.78%) households with a householder aged between 45 and 64 years, and 36(22.36%) households where the householder is over 65 years old.
The age group of 65 years and over exhibits the highest median household income, while the largest number of households falls within the 25 to 44 years bracket. This distribution hints at economic disparities within the village of Adelphi, showcasing varying income levels among different age demographics.
FIGURE 2
Adelphi, OH household income distribution across age groups
Household income distribution across 16 income brackets among four distinct age groups in Adelphi: under 25 years, 25-44 years, 45-64 years, and over 65 years
Age-wise distribution of Adelphi household incomes: Comparative analysis across 16 income brackets
Discover the household distribution across 16 income brackets among four distinct age groups in Adelphi: Under 25 years, 25-44 years, 45-64 years, and over 65 years. This table highlights the variation in household income, offering valuable insights into economic trends and disparities within different age categories.
| Household Income Age of Householder | Under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over |
|---|---|---|---|---|
| Less than $10,000 | - | 1 | - | 4 |
| $10,000 - $14,999 | - | 17 | 6 | - |
| $15,000 - $19,999 | - | - | 22 | - |
| $20,000 - $24,999 | - | - | 6 | 10 |
| $25,000 - $29,999 | - | - | - | 3 |
| $30,000 - $34,999 | - | - | - | 6 |
| $35,000 - $39,999 | 8 | - | - | 5 |
| $40,000 - $44,999 | - | - | - | 6 |
| $45,000 - $49,999 | - | - | - | - |
| $50,000 - $59,999 | - | - | 11 | 2 |
| $60,000 - $74,999 | - | 8 | 4 | - |
| $75,000 - $99,999 | - | 8 | 4 | - |
| $100,000 - $124,999 | 5 | - | - | - |
| $125,000 - $149,999 | - | 17 | - | - |
| $150,000 - $199,999 | - | 5 | - | - |
| $200,000 or more | - | - | 3 | - |
To further explore the income distribution and gain insights into financial landscape of Adelphi when compared to the state of Ohio and The United States, we analyzed household incomes across various age cohorts and their corresponding income brackets. Here, are our key findings:
- Householder under 25 years: It is worth noting that 38.46% of the households in Adelphi, where householders are under 25 years old, are either within or surpass the income bracket representing the median income of $69,753 for the state of Ohio. These 5 Adelphi households demonstrate a significant financial standing, aligning with or exceeding the median income of the state.
- Householder 25 to 44 years: In Adelphi, among households headed by individuals aged 25 to 44, an impressive 67.86% match or surpass the state of Ohio median income of $69,753. These 38 households, represent a significant portion of the total 56 households in Adelphi within 25-44 years age group, reflecting commendable financial well-being within the state boundaries.
- Householder 45 to 64 years: In Adelphi, within the age group of 45 to 64 years, a noteworthy 19.64% of households meet or exceed the state of Ohio median income of $69,753. These 11 households, out of the total 56 households in this age cohort, signify a notable portion of mature demographic of Adelphi, showcasing commendable financial stability in comparison to the Ohio state median income benchmark.
- Householder 65 years and over: In Adelphi, within the over 65 years age cohort, there are no households that meet or exceed the state of Ohio median income of $69,753. Therefore, among the total number of households in this senior demographic, none have an income higher than the Ohio state median income range.
Things to know
Which age group reports the highest median household income in Adelphi, OH?
In Adelphi, households led by individuals aged 65 years and over report the highest median household income of $31,672 according to the American Community Survey 2018-2022 5-Year Estimates by the US Census Bureau.
How does the median household income vary by age in Adelphi, OH?
In terms of income distribution across age cohorts, Adelphi only reports a median household income of $31,672 among householders in the 65 years and over age group..
How does the median household income for households led by individuals of median age compare in Adelphi, OH?
The median age in Adelphi is 38.1, which falls within the 25 to 44 years range among the four age groups defined by the US Census Bureau. This demographic suggests a dynamic mix of young professionals, often indicative of family formation and career advancement. Interestingly, according to the latest American Community Survey data, the US Census Bureau did not report the median household income for householders in the 25 to 44 years age group in Adelphi. This absence could be attributed to a smaller working population or fewer household heads within this age range, potentially resulting in less reliable or unavailable data for reporting.
References
- U.S. Census Bureau American Community Survey (ACS) 2018-2022 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)