Median Household Income by Age of Householder in Jackson township, Columbia County, Pennsylvania (2022, in 2023 inflation-adjusted dollars)
This table presents the distribution of median household income among distinct age brackets of householders in Jackson township. Based on the latest 5-Year estimates from the American Community Survey, it displays how income varies among householders of different ages in Jackson township.
| Age Of The Head Of Household | Median Household Income |
|---|---|
| Under 25 years | - |
| 25 to 44 years | - |
| 45 to 64 years | $70,098 |
| 65 years and over | $35,923 |
TABLE OF CONTENTS
Jackson township, Columbia County, Pennsylvania 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 Jackson township population by age, the median age in Jackson township is 50 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 Jackson township, the age group of 45 to 64 years also exhibits the highest median household income, recorded at $70,098.
In terms of income distribution across age cohorts, in Jackson township, where there exist only two delineated age groups, the median household income is $70,098 for householders within the 45 to 64 years age group, compared to $35,923 for 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 township of Jackson township.
FIGURE 1
Jackson township, Columbia County, Pennsylvania median household income by age of householder
It offers a clear illustration of the differences in median household incomes in Jackson township, 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 two age groups with available Census data in both 2012 and 2022, none had an increase in this time period. Notably, household income for individuals within the 65 years and over age group demonstrated the smallest decline of $9,563(21.02%), declining from a median of $45,486 in 2012 to $35,923 in 2022. Conversely, the age group of 45 to 64 years years witnessed the most significant decline in household income across the same span. Their median income saw a substantial drop of $19,922(22.13%), declining from a median of $90,020 in 2012 to $70,098 in 2022.
Jackson township, Columbia County, Pennsylvania household income distribution across age groups
To gain a comprehensive understanding of the financial landscape within the Jackson township 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 23(8.46%) households where the householder is under 25 years old, 50(18.38%) households with a householder aged between 25 and 44 years, 97(35.66%) households with a householder aged between 45 and 64 years, and 102(37.50%) households where the householder is over 65 years old.
The age group of 45 to 64 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 township of Jackson township, showcasing varying income levels among different age demographics.
FIGURE 2
Jackson township, Columbia County, Pennsylvania household income distribution across age groups
Household income distribution across 16 income brackets among four distinct age groups in Jackson township: under 25 years, 25-44 years, 45-64 years, and over 65 years
Age-wise distribution of Jackson township household incomes: Comparative analysis across 16 income brackets
Discover the household distribution across 16 income brackets among four distinct age groups in Jackson township: 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 | - | - | - | 7 |
| $10,000 - $14,999 | - | - | 27 | 7 |
| $15,000 - $19,999 | - | 7 | - | 8 |
| $20,000 - $24,999 | - | - | 9 | 14 |
| $25,000 - $29,999 | - | - | - | 6 |
| $30,000 - $34,999 | 7 | - | 4 | 10 |
| $35,000 - $39,999 | - | 6 | 2 | 6 |
| $40,000 - $44,999 | - | 12 | - | 2 |
| $45,000 - $49,999 | - | - | - | - |
| $50,000 - $59,999 | - | - | - | 9 |
| $60,000 - $74,999 | - | - | 9 | 20 |
| $75,000 - $99,999 | 5 | 8 | 13 | 4 |
| $100,000 - $124,999 | - | 8 | 11 | 7 |
| $125,000 - $149,999 | - | - | 10 | 2 |
| $150,000 - $199,999 | - | 7 | 7 | - |
| $200,000 or more | 11 | 2 | 5 | - |
To further explore the income distribution and gain insights into financial landscape of Jackson township when compared to the state of Pennsylvania 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 69.57% of the households in Jackson township, where householders are under 25 years old, are either within or surpass the income bracket representing the median income of $76,188 for the state of Pennsylvania. These 16 Jackson township households demonstrate a significant financial standing, aligning with or exceeding the median income of the state.
- Householder 25 to 44 years: In Jackson township, among households headed by individuals aged 25 to 44,worth noting that 50% match or surpass the state of Pennsylvania median income of $76,188. These 25 households, represent a notable portion of the total 50 households in Jackson township within 25-44 years age group, reflecting commendable financial well-being within the state boundaries.
- Householder 45 to 64 years: In Jackson township, within the age group of 45 to 64 years, a noteworthy 47.42% of households meet or exceed the state of Pennsylvania median income of $76,188. These 46 households, out of the total 97 households in this age cohort, signify a notable portion of mature demographic of Jackson township, showcasing commendable financial stability in comparison to the Pennsylvania state median income benchmark.
- Householder 65 years and over: In Jackson township, among the over 65 years age group, only 12.75% of households either match or surpass the state of Pennsylvania median income of $76,188. These 13 households, constituting low portion of the Jackson township township senior population, showcase commendable financial stability compared to the Pennsylvania state median income benchmark.
Things to know
Which age group reports the highest median household income in Jackson township, Columbia County, Pennsylvania?
In Jackson township, households led by individuals aged 45 to 64 years report the highest median household income of $70,098 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 Jackson township, Columbia County, Pennsylvania?
In terms of income distribution across age cohorts, in Jackson township, where there exist only two delineated age groups, the median household income is $70,098 for householders within the 45 to 64 years age group, compared to $35,923 for the 65 years and over age group..
How does the median household income for households led by individuals of median age compare in Jackson township, Columbia County, Pennsylvania?
The median age in Jackson township is 50, 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 Jackson township, the age group of 45 to 64 years also exhibits the highest median household income, recorded at $70,098.
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)