Median Household Income by Age of Householder in Johnson City, OR (In 2023 inflation-adjusted dollars)
This table presents the distribution of median household income among distinct age brackets of householders in Johnson City. Based on the latest 5-Year estimates from the American Community Survey, it displays how income varies among householders of different ages in Johnson City.
Age Of The Head Of Household | Median Household Income |
---|---|
Under 25 years | - |
25 to 44 years | $48,750 |
45 to 64 years | $51,667 |
65 years and over | $45,714 |
TABLE OF CONTENTS
Johnson City, OR 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 Johnson City population by age, the median age in Johnson City is 54.2 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 Johnson City, the age group of 45 to 64 years also exhibits the highest median household income, recorded at $51,667.
In terms of income distribution across age cohorts, in Johnson City, the median household income stands at $51,667 for householders within the 45 to 64 years age group, followed by $48,750 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 $45,714.
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 Johnson City.
FIGURE 1
Johnson City, OR median household income by age of householder
It offers a clear illustration of the differences in median household incomes in Johnson City, 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 2013 and 2023, one groups encountered a decline in their median household income, while the remaining two experienced an increase during this period. Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $12,255(31.09%), escalating from a median of $39,412 in 2013 to $51,667 in 2023. Conversely, the age group of 25 to 44 years years witnessed the most significant decline in household income across the same span. Their median income saw a substantial drop of $10,204(17.31%), declining from a median of $58,954 in 2013 to $48,750 in 2023.
Johnson City, OR household income distribution across age groups
To gain a comprehensive understanding of the financial landscape within the Johnson City 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, 54(20.15%) households with a householder aged between 25 and 44 years, 100(37.31%) households with a householder aged between 45 and 64 years, and 114(42.54%) 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 city of Johnson City, showcasing varying income levels among different age demographics.
FIGURE 2
Johnson City, OR household income distribution across age groups
Household income distribution across 16 income brackets among four distinct age groups in Johnson City: under 25 years, 25-44 years, 45-64 years, and over 65 years
Age-wise distribution of Johnson City household incomes: Comparative analysis across 16 income brackets
Discover the household distribution across 16 income brackets among four distinct age groups in Johnson City: 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 | - | 10 | 2 | 6 |
$10,000 - $14,999 | - | - | 2 | 4 |
$15,000 - $19,999 | - | - | - | - |
$20,000 - $24,999 | - | - | - | 2 |
$25,000 - $29,999 | - | - | 17 | 5 |
$30,000 - $34,999 | - | 2 | 3 | 19 |
$35,000 - $39,999 | - | - | 6 | 15 |
$40,000 - $44,999 | - | 8 | 8 | 4 |
$45,000 - $49,999 | - | 7 | 10 | 10 |
$50,000 - $59,999 | - | 3 | 9 | 10 |
$60,000 - $74,999 | - | 12 | 13 | 9 |
$75,000 - $99,999 | - | 10 | 10 | 19 |
$100,000 - $124,999 | - | 2 | 6 | - |
$125,000 - $149,999 | - | - | 12 | - |
$150,000 - $199,999 | - | - | 2 | 9 |
$200,000 or more | - | - | - | 2 |
To further explore the income distribution and gain insights into financial landscape of Johnson City when compared to the state of Oregon 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 Johnson City, 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 Johnson City, among households headed by individuals aged 25 to 44,noteworthy that only 22.22% match or surpass the state of Oregon median income of $80,426. These 12 households, represent a low portion of the total 54 households in Johnson City within 25-44 years age group, reflecting commendable financial well-being within the state boundaries.
- Householder 45 to 64 years: In Johnson City, within the age group of 45 to 64 years, only 30% of households meet or exceed the state of Oregon median income of $80,426. These 30 households, out of the total 100 households in this age cohort, signify a low portion of mature demographic of Johnson City, showcasing commendable financial stability in comparison to the Oregon state median income benchmark.
- Householder 65 years and over: In Johnson City, among the over 65 years age group, a noteworthy 26.32% of households either match or surpass the state of Oregon median income of $80,426. These 30 households, constituting notable portion of the Johnson City city senior population, showcase commendable financial stability compared to the Oregon state median income benchmark.
Things to know
Which age group reports the highest median household income in Johnson City, OR?
In Johnson City, households led by individuals aged 45 to 64 years report the highest median household income of $51,667 according to the American Community Survey 2019-2023 5-Year Estimates by the US Census Bureau.
How does the median household income vary by age in Johnson City, OR?
In terms of income distribution across age cohorts, in Johnson City, the median household income stands at $51,667 for householders within the 45 to 64 years age group, followed by $48,750 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 $45,714..
How does the median household income for households led by individuals of median age compare in Johnson City, OR?
The median age in Johnson City is 54.2, 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 Johnson City, the age group of 45 to 64 years also exhibits the highest median household income, recorded at $51,667.
References
- U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)