Age of householder
Per the latest American Community Survey by the Census Bureau, Athens town sees its highest median household income among householders in the age group of 25 to 44 years old, at $116,584. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Athens town, householders within the 25 to 44 years age group have the highest median household income at $116,584, followed by those in the 45 to 64 years age group with an income of $108,372. Meanwhile householders within the under 25 years age group report the second lowest median household income of $83,921. Notably, householders within the 65 years and over age group, had the lowest median household income at $60,049.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $34,332(41.74%), escalating from a median of $82,252 in 2011 to $116,584 in 2021.
- 55(3.74%) households where the householder is under 25 years old.
- 216(14.68%) households with a householder aged between 25 and 44 years.
- 571(38.82%) households with a householder aged between 45 and 64 years.
- 629(42.76%) households where the householder is over 65 years old.
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Gender
In Athens town, the population consists of 2,007 males (51.02%) and 1,927 females (48.98%). Here are the primary highlights from the gender-based income distribution analysis:
- In Athens town, the median income for all workers aged 15 years and older, regardless of work hours, was $47,617 for males and $28,935 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $53,936 for males and $62,056 for females.
- In Athens town, the median income for all workers aged 15 years and older, regardless of work hours, was $47,617 for males and $28,935 for females.
- In Athens town, among full-time, year-round workers aged 15 years and older, males earned a median income of $53,936, while females earned $62,056
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Race
In Athens town, the population is predominantly White, constituting 90.85% of the total residents. Here are the key highlights from the analysis of income distribution by race:
- The median household income for White households is $82,170.
- In Athens town, despite the White population being the most populous, it is worth noting that Asian households actually reports the highest median household income, with a median income of $138,243. This reveals that, while Whites may be the most numerous in Athens town, Asian households experience greater economic prosperity in terms of median household income.
- In Athens town, the median household income for the households where the householder is White increased by $3,199(4.05%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $78,971 in 2011 and $82,170 in 2021.
- In Athens town, the median household income for Black or African American households was $43,949 in 2011(2022 inflation-adjusted dollars). However there is no reported data for 2021, indicating a lack of information for this specific year.
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Year by year
Athens Town, New York median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Athens town increased by $3,289 (4.32%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 6 years and declined for 5 years.
- The most significant year-by-year growth occured from 2019 to 2020, when the median household income increased by 10,904 (from $63,060 to $73,964). Similarly the most substantial year-by-year decline occured from 2014 to 2015, when the median household income decreased by 7,743 (from $71,855 to $64,112).
- It then further increased to $120,702 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4524, it is evident that income distribution in Athens Town, New York exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $92,876. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $47,290.
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