North Ogden, UT Median Household Income By Age

North Ogden, UT 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 North Ogden population by age, the median age in North Ogden is 33.4 years.

Typically for a location with median age in this range, it suggests a dynamic mix of young professionals, often indicative of family formation and career advancement. Interestingly, within North Ogden, the age group of 25 to 44 years exhibited the second-highest median household income, recorded at $116,552.

In terms of income distribution across age cohorts, in North Ogden, householders within the 45 to 64 years age group have the highest median household income at $134,583, followed by those in the 25 to 44 years age group with an income of $116,552. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $76,014. Notably, householders within the under 25 years age group, had the lowest median household income at $39,643.

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 North Ogden.

FIGURE 1

North Ogden, UT median household income by age of householder

It offers a clear illustration of the differences in median household incomes in North Ogden, 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 four age groups with available Census data in both 2013 and 2023, one groups encountered a decline in their median household income, while the remaining three experienced an increase during this period. Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $19,809(20.48%), escalating from a median of $96,743 in 2013 to $116,552 in 2023. Conversely, the age group of Under 25 years years witnessed the most significant decline in household income across the same span. Their median income saw a substantial drop of $13,339(25.18%), declining from a median of $52,982 in 2013 to $39,643 in 2023.

North Ogden, UT household income distribution across age groups

To gain a comprehensive understanding of the financial landscape within the North Ogden 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 230(3.46%) households where the householder is under 25 years old, 2,408(36.22%) households with a householder aged between 25 and 44 years, 2,364(35.56%) households with a householder aged between 45 and 64 years, and 1,646(24.76%) 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 North Ogden, showcasing varying income levels among different age demographics.

FIGURE 2

North Ogden, UT household income distribution across age groups

Household income distribution across 16 income brackets among four distinct age groups in North Ogden: 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 North Ogden when compared to the state of Utah 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 noteworthy that only 21.30% of the households in North Ogden, where householders are under 25 years old, are either within or surpass the income bracket representing the median income of $91,750 for the state of Utah. These 49 North Ogden households demonstrate a significant financial standing, aligning with or exceeding the median income of the state.
• Householder 25 to 44 years: In North Ogden, among households headed by individuals aged 25 to 44, an impressive 77.57% match or surpass the state of Utah median income of $91,750. These 1,868 households, represent a significant portion of the total 2,408 households in North Ogden within 25-44 years age group, reflecting commendable financial well-being within the state boundaries.
• Householder 45 to 64 years: In North Ogden, within the age group of 45 to 64 years, a remarkable 78.21% of households meet or exceed the state of Utah median income of $91,750. These 1,849 households, out of the total 2,364 households in this age cohort, signify a substantial portion of mature demographic of North Ogden, showcasing commendable financial stability in comparison to the Utah state median income benchmark.
• Householder 65 years and over: In North Ogden, among the over 65 years age group, an impressive 51.82% of households either match or surpass the state of Utah median income of $91,750. These 853 households, constituting a significant portion of the North Ogden city senior population, showcase commendable financial stability compared to the Utah state median income benchmark.

Things to know

Which age group reports the highest median household income in North Ogden, UT?

In North Ogden, households led by individuals aged 45 to 64 years report the highest median household income of $134,583 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 North Ogden, UT?

In terms of income distribution across age cohorts, in North Ogden, householders within the 45 to 64 years age group have the highest median household income at $134,583, followed by those in the 25 to 44 years age group with an income of $116,552. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $76,014. Notably, householders within the under 25 years age group, had the lowest median household income at $39,643..

How does the median household income for households led by individuals of median age compare in North Ogden, UT?

The median age in North Ogden is 33.4, which falls within the 25 to 44 years range among the four age groups defined by the US Census Bureau. This demographic suggests a dynamic mix of young professionals, often indicative of family formation and career advancement. Interestingly, within North Ogden, the age group of 25 to 44 years exhibited the second-highest median household income, recorded at $116,552.

References

Notes