Median Household Income by Age of Householder in St. Helena Parish, LA (In 2023 inflation-adjusted dollars)
This table presents the distribution of median household income among distinct age brackets of householders in St. Helena Parish. Based on the latest 5-Year estimates from the American Community Survey, it displays how income varies among householders of different ages in St. Helena Parish.
Age Of The Head Of Household | Median Household Income |
---|---|
Under 25 years | - |
25 to 44 years | $58,684 |
45 to 64 years | $46,503 |
65 years and over | $41,250 |
TABLE OF CONTENTS
St. Helena Parish, LA 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 Parish population by age, the median age in St. Helena Parish is 42.4 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 St. Helena Parish, the age group of 25 to 44 years also exhibits the highest median household income, recorded at $58,684.
In terms of income distribution across age cohorts, in St. Helena Parish, the median household income stands at $58,684 for householders within the 25 to 44 years age group, followed by $46,503 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $41,250.
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 St. Helena Parish.
FIGURE 1
St. Helena Parish, LA median household income by age of householder
It offers a clear illustration of the differences in median household incomes in St. Helena Parish, 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 2013 and 2023, 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 $9,474(19.25%), escalating from a median of $49,210 in 2013 to $58,684 in 2023. Conversely, the age group of 65 years and over years witnessed the smallest growth in household income across the same span. Their median income saw a small increase of $1,838(4.66%), increasing from a median of $39,412 in 2013 to $41,250 in 2023.
St. Helena Parish, LA household income distribution across age groups
To gain a comprehensive understanding of the financial landscape within the St. Helena Parish 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, 1,226(29.90%) households with a householder aged between 25 and 44 years, 1,387(33.82%) households with a householder aged between 45 and 64 years, and 1,488(36.28%) households where the householder is over 65 years old.
The age group of 25 to 44 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 St. Helena Parish, showcasing varying income levels among different age demographics.
FIGURE 2
St. Helena Parish, LA household income distribution across age groups
Household income distribution across 16 income brackets among four distinct age groups in St. Helena Parish: under 25 years, 25-44 years, 45-64 years, and over 65 years
Age-wise distribution of St. Helena Parish household incomes: Comparative analysis across 16 income brackets
Discover the household distribution across 16 income brackets among four distinct age groups in St. Helena Parish: 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 | - | 62 | 237 | 13 |
$10,000 - $14,999 | - | 238 | 149 | 335 |
$15,000 - $19,999 | - | 24 | 49 | 65 |
$20,000 - $24,999 | - | 22 | 104 | 104 |
$25,000 - $29,999 | - | 41 | 38 | 107 |
$30,000 - $34,999 | - | 13 | 14 | 66 |
$35,000 - $39,999 | - | - | 17 | 43 |
$40,000 - $44,999 | - | 56 | 32 | 30 |
$45,000 - $49,999 | - | 23 | 141 | 20 |
$50,000 - $59,999 | - | 174 | 41 | 198 |
$60,000 - $74,999 | - | 125 | 125 | 350 |
$75,000 - $99,999 | - | 255 | 135 | 96 |
$100,000 - $124,999 | - | 20 | 63 | 11 |
$125,000 - $149,999 | - | - | 90 | 32 |
$150,000 - $199,999 | - | 70 | 107 | 9 |
$200,000 or more | - | 103 | 45 | 9 |
To further explore the income distribution and gain insights into financial landscape of St. Helena Parish when compared to the state of Louisiana 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 Parish, 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 Parish, among households headed by individuals aged 25 to 44,worth noting that 46.74% match or surpass the state of Louisiana median income of $60,023. These 573 households, represent a notable portion of the total 1,226 households in St. Helena Parish within 25-44 years age group, reflecting commendable financial well-being within the state boundaries.
- Householder 45 to 64 years: In St. Helena Parish, within the age group of 45 to 64 years, a noteworthy 40.74% of households meet or exceed the state of Louisiana median income of $60,023. These 565 households, out of the total 1,387 households in this age cohort, signify a notable portion of mature demographic of St. Helena Parish, showcasing commendable financial stability in comparison to the Louisiana state median income benchmark.
- Householder 65 years and over: In St. Helena Parish, among the over 65 years age group, a noteworthy 34.07% of households either match or surpass the state of Louisiana median income of $60,023. These 507 households, constituting notable portion of the St. Helena Parish county senior population, showcase commendable financial stability compared to the Louisiana state median income benchmark.
Things to know
Which age group reports the highest median household income in St. Helena Parish, LA?
In St. Helena Parish, households led by individuals aged 25 to 44 years report the highest median household income of $58,684 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 St. Helena Parish, LA?
In terms of income distribution across age cohorts, in St. Helena Parish, the median household income stands at $58,684 for householders within the 25 to 44 years age group, followed by $46,503 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $41,250..
How does the median household income for households led by individuals of median age compare in St. Helena Parish, LA?
The median age in St. Helena Parish is 42.4, 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 St. Helena Parish, the age group of 25 to 44 years also exhibits the highest median household income, recorded at $58,684.
References
- U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates
- Consumer Price Index retroactive series using current methods (R-CPI-U-RS)