Median Household Income by Age of Householder in Bayou Vista, TX (2022, in 2023 inflation-adjusted dollars)
This table presents the distribution of median household income among distinct age brackets of householders in Bayou Vista. Based on the latest 5-Year estimates from the American Community Survey, it displays how income varies among householders of different ages in Bayou Vista.
| Age Of The Head Of Household | Median Household Income |
|---|---|
| Under 25 years | - |
| 25 to 44 years | $129,071 |
| 45 to 64 years | $157,923 |
| 65 years and over | $73,271 |
TABLE OF CONTENTS
Bayou Vista, TX 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 Bayou Vista population by age, the median age in Bayou Vista is 58.2 years.
Typically for a location with median age in this range, it tends to house more established professionals, possibly reflecting stable households and higher earning poptential. Interestingly, within Bayou Vista, the age group of 45 to 64 years also exhibits the highest median household income, recorded at $157,923.
In terms of income distribution across age cohorts, in Bayou Vista, the median household income stands at $157,923 for householders within the 45 to 64 years age group, followed by $129,071 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 $73,271.
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 city of Bayou Vista.
FIGURE 1
Bayou Vista, TX median household income by age of householder
It offers a clear illustration of the differences in median household incomes in Bayou Vista, 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. Among the three age groups with available Census data in both 2012 and 2022, none had a decline during this time period. Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $30,209(23.65%), escalating from a median of $127,714 in 2012 to $157,923 in 2022. Conversely, the age group of 25 to 44 years years witnessed the smallest growth in household income across the same span. Their median income saw a small increase of $27,558(27.15%), increasing from a median of $101,513 in 2012 to $129,071 in 2022.
Bayou Vista, TX household income distribution across age groups
To gain a comprehensive understanding of the financial landscape within the Bayou Vista 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 0 households where the householder is under 25 years old, 84(8.07%) households with a householder aged between 25 and 44 years, 598(57.44%) households with a householder aged between 45 and 64 years, and 359(34.49%) households where the householder is over 65 years old.
In Bayou Vista, 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.
FIGURE 2
Bayou Vista, TX household income distribution across age groups
Household income distribution across 16 income brackets among four distinct age groups in Bayou Vista: under 25 years, 25-44 years, 45-64 years, and over 65 years
Age-wise distribution of Bayou Vista household incomes: Comparative analysis across 16 income brackets
Discover the household distribution across 16 income brackets among four distinct age groups in Bayou Vista: 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 | - | - | 11 | 13 |
| $10,000 - $14,999 | - | - | 7 | 21 |
| $15,000 - $19,999 | - | - | 21 | - |
| $20,000 - $24,999 | - | - | - | - |
| $25,000 - $29,999 | - | - | 6 | - |
| $30,000 - $34,999 | - | - | - | 5 |
| $35,000 - $39,999 | - | - | - | 9 |
| $40,000 - $44,999 | - | 4 | 9 | 5 |
| $45,000 - $49,999 | - | - | - | 18 |
| $50,000 - $59,999 | - | - | 9 | 55 |
| $60,000 - $74,999 | - | 17 | 57 | 75 |
| $75,000 - $99,999 | - | - | 74 | 58 |
| $100,000 - $124,999 | - | 31 | 31 | 44 |
| $125,000 - $149,999 | - | - | 66 | 12 |
| $150,000 - $199,999 | - | 22 | 155 | 33 |
| $200,000 or more | - | 10 | 152 | 11 |
To further explore the income distribution and gain insights into financial landscape of Bayou Vista when compared to the state of Texas 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: In Bayou Vista, the comparison with the median income of the state and the nation remains inapplicable as there are no households headed by individuals under 25 years old.
- Householder 25 to 44 years: In Bayou Vista, among households headed by individuals aged 25 to 44, an impressive 75% match or surpass the state of Texas median income of $76,048. These 63 households, represent a significant portion of the total 84 households in Bayou Vista within 25-44 years age group, reflecting commendable financial well-being within the state boundaries.
- Householder 45 to 64 years: In Bayou Vista, within the age group of 45 to 64 years, a remarkable 79.93% of households meet or exceed the state of Texas median income of $76,048. These 478 households, out of the total 598 households in this age cohort, signify a substantial portion of mature demographic of Bayou Vista, showcasing commendable financial stability in comparison to the Texas state median income benchmark.
- Householder 65 years and over: In Bayou Vista, among the over 65 years age group, a noteworthy 44.01% of households either match or surpass the state of Texas median income of $76,048. These 158 households, constituting notable portion of the Bayou Vista city senior population, showcase commendable financial stability compared to the Texas state median income benchmark.
Things to know
Which age group reports the highest median household income in Bayou Vista, TX?
In Bayou Vista, households led by individuals aged 45 to 64 years report the highest median household income of $157,923 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 Bayou Vista, TX?
In terms of income distribution across age cohorts, in Bayou Vista, the median household income stands at $157,923 for householders within the 45 to 64 years age group, followed by $129,071 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 $73,271..
How does the median household income for households led by individuals of median age compare in Bayou Vista, TX?
The median age in Bayou Vista is 58.2, which falls within the 45 to 64 years range among the four age groups defined by the US Census Bureau. This demographic tends to house more established professionals, possibly reflecting stable households and higher earning poptential. Interestingly, within Bayou Vista, the age group of 45 to 64 years also exhibits the highest median household income, recorded at $157,923.
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)