Age of householder
Per the latest American Community Survey by the Census Bureau, Seven Mile sees its highest median household income among householders in the age group of 25 to 44 years old, at $114,697. Here are the key highlights for income distribution by age:
- In terms of income distribution across age cohorts, in Seven Mile, the median household income stands at $114,697 for householders within the 25 to 44 years age group, followed by $54,625 for the 65 years and over age group. Notably, householders within the 45 to 64 years age group, had the lowest median household income at $50,606.
- Notably, household income for individuals within the 25 to 44 years age group demonstrated a remarkable increase of $57,802(101.59%), escalating from a median of $56,895 in 2011 to $114,697 in 2021.
- 3(1.25%) households where the householder is under 25 years old.
- 48(20%) households with a householder aged between 25 and 44 years.
- 132(55%) households with a householder aged between 45 and 64 years.
- 57(23.75%) households where the householder is over 65 years old.
Read more about Seven Mile, OH median household income by age ➔
Gender
In Seven Mile, the population consists of 337 males (53.32%) and 295 females (46.68%). Here are the primary highlights from the gender-based income distribution analysis:
- In Seven Mile, the median income for all workers aged 15 years and older, regardless of work hours, was $41,016 for males and $23,952 for females.
- However, when specifically considering full-time, year-round workers within the same age group, the median income was $60,801 for males and $61,573 for females.
- In Seven Mile, the median income for all workers aged 15 years and older, regardless of work hours, was $41,016 for males and $23,952 for females.
- In Seven Mile, among full-time, year-round workers aged 15 years and older, males earned a median income of $60,801, while females earned $61,573
Read more about Seven Mile, OH income by gender ➔
Race
In Seven Mile, the population is predominantly White, constituting 98.26% 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 $57,592.
- In Seven Mile, White is both the largest group and the one with the highest median household income, which stands at $57,592.
- In Seven Mile, the median household income for the households where the householder is White increased by $1,039(1.84%), between 2011 and 2021. The median household income, in 2022 inflation-adjusted dollars, was $56,553 in 2011 and $57,592 in 2021.
- As per the U.S. Census Bureau population data, in Seven Mile, 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.
Read more about Seven Mile, OH median household income by race ➔
Year by year
Seven Mile, OH median household income trends by year, family type and household size (2010-2021):
- From 2010 to 2021, the median household income for Seven Mile decreased by $655 (1.13%), as per the American Community Survey estimates.
- Between 2010 and 2021, median household income, adjusted for 2022 inflation, experienced growth year by year for 5 years and declined for 6 years.
- The most significant year-by-year growth occured from 2015 to 2016, when the median household income increased by 10,716 (from $50,329 to $61,045). Similarly the most substantial year-by-year decline occured from 2020 to 2021, when the median household income decreased by 17,276 (from $74,362 to $57,086).
- It then further increased to $130,385 for 5-person households, the largest household size for which the bureau reported a median household income.
- With a Gini coefficient of 0.359, it is evident that income distribution in Seven Mile, OH exihibits characterstics of moderate equality .
- For the family households, the median income (in 2022 inflation-adjusted dollars) was $61,702. For the non-family households, the median income (in 2022 inflation-adjusted dollars) was $51,551.
Read more about Seven Mile, OH median household income ➔