Pleasant Valley, New York Median Household Income By Age

Pleasant Valley, New York 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 Pleasant Valley town population by age, the median age in Pleasant Valley town is 43.1 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 Pleasant Valley town, the age group of 25 to 44 years exhibited the second-highest median household income, recorded at $113,205.

In terms of income distribution across age cohorts, in Pleasant Valley town, householders within the 45 to 64 years age group have the highest median household income at $125,080, followed by those in the 25 to 44 years age group with an income of $113,205. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $73,973. Notably, householders within the under 25 years age group, had the lowest median household income at $61,555.

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 town of Pleasant Valley town.

FIGURE 1

Pleasant Valley, New York median household income by age of householder

It offers a clear illustration of the differences in median household incomes in Pleasant Valley town, 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 $20,407(21.99%), escalating from a median of $92,798 in 2012 to $113,205 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 $3,408(2.80%), increasing from a median of $121,672 in 2012 to $125,080 in 2022.

Pleasant Valley, New York household income distribution across age groups

To gain a comprehensive understanding of the financial landscape within the Pleasant Valley town 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 185(4.63%) households where the householder is under 25 years old, 1,095(27.39%) households with a householder aged between 25 and 44 years, 1,745(43.65%) households with a householder aged between 45 and 64 years, and 973(24.34%) households where the householder is over 65 years old.

In Pleasant Valley town, the age group of 45 to 64 years stands out with both the highest median income and the maximum share of households. This alignment suggests a financially stable demographic, indicating an established community with stable careers and higher incomes.

FIGURE 2

Pleasant Valley, New York household income distribution across age groups

Household income distribution across 16 income brackets among four distinct age groups in Pleasant Valley town: 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 Pleasant Valley town when compared to the state of New York 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 19.46% of the households in Pleasant Valley town, where householders are under 25 years old, are either within or surpass the income bracket representing the median income of $84,743 for the state of New York. These 36 Pleasant Valley town households demonstrate a significant financial standing, aligning with or exceeding the median income of the state.
• Householder 25 to 44 years: In Pleasant Valley town, among households headed by individuals aged 25 to 44, an impressive 70.78% match or surpass the state of New York median income of $84,743. These 775 households, represent a significant portion of the total 1,095 households in Pleasant Valley town within 25-44 years age group, reflecting commendable financial well-being within the state boundaries.
• Householder 45 to 64 years: In Pleasant Valley town, within the age group of 45 to 64 years, a remarkable 72.21% of households meet or exceed the state of New York median income of $84,743. These 1,260 households, out of the total 1,745 households in this age cohort, signify a substantial portion of mature demographic of Pleasant Valley town, showcasing commendable financial stability in comparison to the New York state median income benchmark.
• Householder 65 years and over: In Pleasant Valley town, among the over 65 years age group, a noteworthy 49.64% of households either match or surpass the state of New York median income of $84,743. These 483 households, constituting notable portion of the Pleasant Valley town town senior population, showcase commendable financial stability compared to the New York state median income benchmark.

Things to know

Which age group reports the highest median household income in Pleasant Valley, New York?

In Pleasant Valley town, households led by individuals aged 45 to 64 years report the highest median household income of $125,080 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 Pleasant Valley, New York?

In terms of income distribution across age cohorts, in Pleasant Valley town, householders within the 45 to 64 years age group have the highest median household income at $125,080, followed by those in the 25 to 44 years age group with an income of $113,205. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $73,973. Notably, householders within the under 25 years age group, had the lowest median household income at $61,555..

How does the median household income for households led by individuals of median age compare in Pleasant Valley, New York?

The median age in Pleasant Valley town is 43.1, 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 Pleasant Valley town, the age group of 25 to 44 years exhibited the second-highest median household income, recorded at $113,205.

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