Blue Rapids, KS Median Household Income By Age

Blue Rapids, KS 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 Blue Rapids population by age, the median age in Blue Rapids is 45.1 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 Blue Rapids, the age group of 45 to 64 years exhibited the second-highest median household income, recorded at $74,840.

In terms of income distribution across age cohorts, in Blue Rapids, householders within the 25 to 44 years age group have the highest median household income at $106,778, followed by those in the 45 to 64 years age group with an income of $74,840. Meanwhile householders within the under 25 years age group report the second lowest median household income of $63,045. Notably, householders within the 65 years and over age group, had the lowest median household income at $42,637.

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 Blue Rapids.

FIGURE 1

Blue Rapids, KS median household income by age of householder

It offers a clear illustration of the differences in median household incomes in Blue Rapids, 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 25 to 44 years age group demonstrated a remarkable increase of $42,097(65.08%), escalating from a median of $64,681 in 2012 to $106,778 in 2022. Conversely, the age group of 65 years and over years witnessed the smallest growth in household income across the same span. Their median income saw a small increase of $10,593(33.06%), increasing from a median of $32,044 in 2012 to $42,637 in 2022.

Blue Rapids, KS household income distribution across age groups

To gain a comprehensive understanding of the financial landscape within the Blue Rapids 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 25(5.64%) households where the householder is under 25 years old, 101(22.80%) households with a householder aged between 25 and 44 years, 129(29.12%) households with a householder aged between 45 and 64 years, and 188(42.44%) households where the householder is over 65 years old.

The age group of 25 to 44 years exhibits the highest median household income, while the largest number of households falls within the 65 years and over bracket. This distribution hints at economic disparities within the city of Blue Rapids, showcasing varying income levels among different age demographics.

FIGURE 2

Blue Rapids, KS household income distribution across age groups

Household income distribution across 16 income brackets among four distinct age groups in Blue Rapids: under 25 years, 25-44 years, 45-64 years, and over 65 years

To further explore the income distribution and gain insights into financial landscape of Blue Rapids when compared to the state of Kansas 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 impressive that 64% of the households in Blue Rapids, where householders are under 25 years old, are either within or surpass the income bracket representing the median income of $72,624 for the state of Kansas. These 16 Blue Rapids households demonstrate a significant financial standing, aligning with or exceeding the median income of the state.
• Householder 25 to 44 years: In Blue Rapids, among households headed by individuals aged 25 to 44, an impressive 65.35% match or surpass the state of Kansas median income of $72,624. These 66 households, represent a significant portion of the total 101 households in Blue Rapids within 25-44 years age group, reflecting commendable financial well-being within the state boundaries.
• Householder 45 to 64 years: In Blue Rapids, within the age group of 45 to 64 years, a remarkable 60.47% of households meet or exceed the state of Kansas median income of $72,624. These 78 households, out of the total 129 households in this age cohort, signify a substantial portion of mature demographic of Blue Rapids, showcasing commendable financial stability in comparison to the Kansas state median income benchmark.
• Householder 65 years and over: In Blue Rapids, among the over 65 years age group, only 15.96% of households either match or surpass the state of Kansas median income of $72,624. These 30 households, constituting low portion of the Blue Rapids city senior population, showcase commendable financial stability compared to the Kansas state median income benchmark.

Things to know

Which age group reports the highest median household income in Blue Rapids, KS?

In Blue Rapids, households led by individuals aged 25 to 44 years report the highest median household income of $106,778 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 Blue Rapids, KS?

In terms of income distribution across age cohorts, in Blue Rapids, householders within the 25 to 44 years age group have the highest median household income at $106,778, followed by those in the 45 to 64 years age group with an income of $74,840. Meanwhile householders within the under 25 years age group report the second lowest median household income of $63,045. Notably, householders within the 65 years and over age group, had the lowest median household income at $42,637..

How does the median household income for households led by individuals of median age compare in Blue Rapids, KS?

The median age in Blue Rapids is 45.1, 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 Blue Rapids, the age group of 45 to 64 years exhibited the second-highest median household income, recorded at $74,840.

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