Mesa, WA Median Household Income By Age

Mesa, WA 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 Mesa population by age, the median age in Mesa is 18.1 years.

Typically for a location with median age in this range, it likely boasts a youthful population, indication a potential hub for emerging workforce. Interestingly, according to the latest American Community Survey data, the US Census Bureau did not report the median household income for householders in the Under 25 years age group in Mesa. 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, in Mesa, where there exist only two delineated age groups, the median household income is $89,027 for householders within the 45 to 64 years age group, compared to $78,875 for the 25 to 44 years 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 city of Mesa.

FIGURE 1

Mesa, WA median household income by age of householder

It offers a clear illustration of the differences in median household incomes in Mesa, 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 a decline during this time period. Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $33,865(75.24%), escalating from a median of $45,010 in 2012 to $78,875 in 2022. Conversely, the age group of 45 to 64 years years witnessed the smallest growth in household income across the same span. Their median income saw a small increase of $17,344(24.20%), increasing from a median of $71,683 in 2012 to $89,027 in 2022.

Mesa, WA household income distribution across age groups

To gain a comprehensive understanding of the financial landscape within the Mesa 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 9(6.67%) households where the householder is under 25 years old, 79(58.52%) households with a householder aged between 25 and 44 years, 36(26.67%) households with a householder aged between 45 and 64 years, and 11(8.15%) 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 25 to 44 years bracket. This distribution hints at economic disparities within the city of Mesa, showcasing varying income levels among different age demographics.

FIGURE 2

Mesa, WA household income distribution across age groups

Household income distribution across 16 income brackets among four distinct age groups in Mesa: 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 Mesa when compared to the state of Washington 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 44.44% of the households in Mesa, where householders are under 25 years old, are either within or surpass the income bracket representing the median income of $94,051 for the state of Washington. These 4 Mesa households demonstrate a significant financial standing, aligning with or exceeding the median income of the state.
• Householder 25 to 44 years: In Mesa, among households headed by individuals aged 25 to 44, an impressive 51.90% match or surpass the state of Washington median income of $94,051. These 41 households, represent a significant portion of the total 79 households in Mesa within 25-44 years age group, reflecting commendable financial well-being within the state boundaries.
• Householder 45 to 64 years: In Mesa, within the age group of 45 to 64 years, a remarkable 52.78% of households meet or exceed the state of Washington median income of $94,051. These 19 households, out of the total 36 households in this age cohort, signify a substantial portion of mature demographic of Mesa, showcasing commendable financial stability in comparison to the Washington state median income benchmark.
• Householder 65 years and over: In Mesa, within the over 65 years age cohort, there are no households that meet or exceed the state of Washington median income of $94,051. Therefore, among the total number of households in this senior demographic, none have an income higher than the Washington state median income range.

Things to know

Which age group reports the highest median household income in Mesa, WA?

In Mesa, households led by individuals aged 45 to 64 years report the highest median household income of $89,027 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 Mesa, WA?

In terms of income distribution across age cohorts, in Mesa, where there exist only two delineated age groups, the median household income is $89,027 for householders within the 45 to 64 years age group, compared to $78,875 for the 25 to 44 years age group..

How does the median household income for households led by individuals of median age compare in Mesa, WA?

The median age in Mesa is 18.1, which falls within the Under 25 years range among the four age groups defined by the US Census Bureau. This demographic likely boasts a youthful population, indication a potential hub for emerging workforce. Interestingly, according to the latest American Community Survey data, the US Census Bureau did not report the median household income for householders in the Under 25 years age group in Mesa. 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.

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