Age of householder
Per the latest American Community Survey by the Census Bureau, Kelleys Island sees its highest median household income among householders in the age group of 65 years and over old, at $82,420. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Kelleys Island, where there exist only two delineated age groups, the median household income is $82,420 for householders within the 65 years and over age group, compared to $59,282 for the 25 to 44 years age group.
- Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $26,848(48.31%), escalating from a median of $55,572 in 2011 to $82,420 in 2021.
- 0 households where the householder is under 25 years old.
- 17(11.41%) households with a householder aged between 25 and 44 years.
- 50(33.56%) households with a householder aged between 45 and 64 years.
- 82(55.03%) households where the householder is over 65 years old.
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Gender
In Kelleys Island, the population consists of 159 males (55.02%) and 130 females (44.98%). Here are the primary highlights from the gender-based income distribution analysis:
- In Kelleys Island, the median income for all workers aged 15 years and older, regardless of work hours, was $62,997 for males and $33,779 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $74,042 for males and $130,867 for females.
- In Kelleys Island, the median income for all workers aged 15 years and older, regardless of work hours, was $62,997 for males and $33,779 for females.
- In Kelleys Island, among full-time, year-round workers aged 15 years and older, males earned a median income of $74,042, while females earned $130,867
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Race
In Kelleys Island, the population is predominantly White, constituting 98.62% 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 $90,526.
- In Kelleys Island, White is both the largest group and the one with the highest median household income, which stands at $90,526.
- In Kelleys Island, the median household income for the households where the householder is White increased by $27,662(44%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $62,864 in 2011 and $90,526 in 2021.
- As per the U.S. Census Bureau population data, in Kelleys Island, there are no households where the householder is Black or African American; hence, the median household income for the Black or African American population is not applicable.
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Year by year
Kelleys Island, OH median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Kelleys Island increased by $26,096 (41.59%), 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 2013 to 2014, when the median household income increased by 11,518 (from $63,873 to $75,391). Similarly the most substantial year-by-year decline occured from 2017 to 2018, when the median household income decreased by 6,219 (from $75,450 to $69,231).
- It then further increased to $102,687 for 2-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.4798, it is evident that income distribution in Kelleys Island, OH exihibits characterstics of moderate inequality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $101,949. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $35,940.
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