Median Household Income by Age of Householder in Rabun County, GA (2021, in 2022 inflation-adjusted dollars)
This table presents the distribution of median household income among distinct age brackets of householders in Rabun County. Based on the latest 5-Year estimates from the American Community Survey, it displays how income varies among householders of different ages in Rabun County.
Age Of The Head Of Household | Median Household Income |
---|---|
Under 25 years | $39,257 |
25 to 44 years | $50,443 |
45 to 64 years | $59,032 |
65 years and over | $51,979 |
TABLE OF CONTENTS
Rabun County, GA 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 Rabun County population by age, the median age in Rabun County is 49.8 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 Rabun County, the age group of 45 to 64 years also exhibits the highest median household income, recorded at $59,032.
In terms of income distribution across age cohorts, in Rabun County, householders within the 45 to 64 years age group have the highest median household income at $59,032, followed by those in the 65 years and over age group with an income of $51,979. Meanwhile householders within the 25 to 44 years age group report the second lowest median household income of $50,443. Notably, householders within the under 25 years age group, had the lowest median household income at $39,257.
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 county of Rabun County.
![Rabun County, GA median household income by age of householder The bar chart shows Rabun County, GA median household income by age of householder. All incomes have been adjusted for 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).](https://i.neilsberg.com/ch/rabun-county-ga-median-household-income-by-age.jpeg)
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 2011 and 2021, none had a decline during this time period. Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $17,298(49.88%), escalating from a median of $34,681 in 2011 to $51,979 in 2021. Conversely, the age group of Under 25 years years witnessed the smallest growth in household income across the same span. Their median income saw a small increase of $2,365(6.41%), increasing from a median of $36,892 in 2011 to $39,257 in 2021.
Rabun County, GA household income distribution across age groups
To gain a comprehensive understanding of the financial landscape within the Rabun County 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 211(3.20%) households where the householder is under 25 years old, 1,286(19.53%) households with a householder aged between 25 and 44 years, 2,275(34.55%) households with a householder aged between 45 and 64 years, and 2,813(42.72%) 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 county of Rabun County, showcasing varying income levels among different age demographics.
![>Rabun County, GA household income distribution across age groups The bar chart displays the distribution of household income in Rabun County, GA across different age groups as categorized by the U.S. Census Bureau. It illustrates the number of households within each income bracket across age categories. This visualization offers valuable insights into income disparities and variations across age groups, facilitating data analysis and informed decision-making. It enables the identification of demographics with specific financial statuses within distinct age brackets.](https://i.neilsberg.com/ch/rabun-county-ga-household-income-by-age-groups.jpeg)
Age-wise distribution of Rabun County household incomes: Comparative analysis across 16 income brackets
Discover the household distribution across 16 income brackets among four distinct age groups in Rabun County: 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 | 17 | 95 | 220 | 58 |
$10,000 - $14,999 | 3 | 98 | 134 | 249 |
$15,000 - $19,999 | - | 14 | 111 | 203 |
$20,000 - $24,999 | 54 | 55 | 114 | 235 |
$25,000 - $29,999 | 12 | 150 | 73 | 99 |
$30,000 - $34,999 | - | 99 | 130 | 154 |
$35,000 - $39,999 | 37 | 88 | 108 | 126 |
$40,000 - $44,999 | 8 | 34 | 105 | 132 |
$45,000 - $49,999 | 4 | 72 | 85 | 227 |
$50,000 - $59,999 | 32 | 82 | 100 | 300 |
$60,000 - $74,999 | 10 | 134 | 159 | 241 |
$75,000 - $99,999 | 27 | 172 | 335 | 344 |
$100,000 - $124,999 | - | 39 | 298 | 130 |
$125,000 - $149,999 | 7 | 49 | 56 | 83 |
$150,000 - $199,999 | - | 47 | 98 | 138 |
$200,000 or more | - | 58 | 149 | 94 |
To further explore the income distribution and gain insights into financial landscape of Rabun County when compared to the state of Georgia 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 20.85% of the households in Rabun County, where householders are under 25 years old, are either within or surpass the income bracket representing the median income of $72,837 for the state of Georgia. These 44 Rabun County households demonstrate a significant financial standing, aligning with or exceeding the median income of the state.
- Householder 25 to 44 years: In Rabun County, among households headed by individuals aged 25 to 44,worth noting that 38.80% match or surpass the state of Georgia median income of $72,837. These 499 households, represent a notable portion of the total 1,286 households in Rabun County within 25-44 years age group, reflecting commendable financial well-being within the state boundaries.
- Householder 45 to 64 years: In Rabun County, within the age group of 45 to 64 years, a noteworthy 48.13% of households meet or exceed the state of Georgia median income of $72,837. These 1,095 households, out of the total 2,275 households in this age cohort, signify a notable portion of mature demographic of Rabun County, showcasing commendable financial stability in comparison to the Georgia state median income benchmark.
- Householder 65 years and over: In Rabun County, among the over 65 years age group, a noteworthy 36.62% of households either match or surpass the state of Georgia median income of $72,837. These 1,030 households, constituting notable portion of the Rabun County county senior population, showcase commendable financial stability compared to the Georgia state median income benchmark.
Things to know
Which age group reports the highest median household income in Rabun County, GA?
In Rabun County, households led by individuals aged 45 to 64 years report the highest median household income of $59,032 according to the American Community Survey 2017-2021 5-Year Estimates by the US Census Bureau.
How does the median household income vary by age in Rabun County, GA?
In terms of income distribution across age cohorts, in Rabun County, householders within the 45 to 64 years age group have the highest median household income at $59,032, followed by those in the 65 years and over age group with an income of $51,979. Meanwhile householders within the 25 to 44 years age group report the second lowest median household income of $50,443. Notably, householders within the under 25 years age group, had the lowest median household income at $39,257..
How does the median household income for households led by individuals of median age compare in Rabun County, GA?
The median age in Rabun County is 49.8, 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 Rabun County, the age group of 45 to 64 years also exhibits the highest median household income, recorded at $59,032.
References
- U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)