St. Helena, NE Median Household Income By Age

St. Helena, NE 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 St. Helena population by age, the median age in St. Helena is 38.9 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, according to the latest American Community Survey data, the US Census Bureau did not report the median household income for householders in the 25 to 44 years age group in St. Helena. 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 St. Helena, where there exist only two delineated age groups, the median household income is $141,870 for householders within the 45 to 64 years age group, compared to $27,333 for the 65 years and over 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 village of St. Helena.

FIGURE 1

St. Helena, NE median household income by age of householder

It offers a clear illustration of the differences in median household incomes in St. Helena, 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, one groups encountered a decline in their median household income, while the remaining one experienced an increase during this period. Notably, household income for individuals within the 45 to 64 years age group demonstrated a remarkable increase of $66,853(89.12%), escalating from a median of $75,017 in 2012 to $141,870 in 2022. Conversely, the age group of 65 years and over years witnessed the most significant decline in household income across the same span. Their median income saw a substantial drop of $14,343(34.42%), declining from a median of $41,676 in 2012 to $27,333 in 2022.

St. Helena, NE household income distribution across age groups

To gain a comprehensive understanding of the financial landscape within the St. Helena 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, 16(44.44%) households with a householder aged between 25 and 44 years, 11(30.56%) households with a householder aged between 45 and 64 years, and 9(25%) 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 village of St. Helena, showcasing varying income levels among different age demographics.

FIGURE 2

St. Helena, NE household income distribution across age groups

Household income distribution across 16 income brackets among four distinct age groups in St. Helena: 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 St. Helena when compared to the state of Nebraska 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 St. Helena, 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 St. Helena, among households headed by individuals aged 25 to 44, an impressive 81.25% match or surpass the state of Nebraska median income of $74,681. These 13 households, represent a significant portion of the total 16 households in St. Helena within 25-44 years age group, reflecting commendable financial well-being within the state boundaries.
• Householder 45 to 64 years: In St. Helena, within the age group of 45 to 64 years, a remarkable 63.64% of households meet or exceed the state of Nebraska median income of $74,681. These 7 households, out of the total 11 households in this age cohort, signify a substantial portion of mature demographic of St. Helena, showcasing commendable financial stability in comparison to the Nebraska state median income benchmark.
• Householder 65 years and over: In St. Helena, among the over 65 years age group, a noteworthy 33.33% of households either match or surpass the state of Nebraska median income of $74,681. These 3 households, constituting notable portion of the St. Helena village senior population, showcase commendable financial stability compared to the Nebraska state median income benchmark.

Things to know

Which age group reports the highest median household income in St. Helena, NE?

In St. Helena, households led by individuals aged 45 to 64 years report the highest median household income of $141,870 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 St. Helena, NE?

In terms of income distribution across age cohorts, in St. Helena, where there exist only two delineated age groups, the median household income is $141,870 for householders within the 45 to 64 years age group, compared to $27,333 for the 65 years and over age group..

How does the median household income for households led by individuals of median age compare in St. Helena, NE?

The median age in St. Helena is 38.9, 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, according to the latest American Community Survey data, the US Census Bureau did not report the median household income for householders in the 25 to 44 years age group in St. Helena. 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.

References

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