White Salmon, WA Median Household Income By Age

White Salmon, WA 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 White Salmon population by age, the median age in White Salmon is 51.2 years.

Typically for a location with median age in this range, it tends to house more established professionals, possibly reflecting stable households and higher earning poptential. Interestingly, within White Salmon, the age group of 45 to 64 years also exhibits the highest median household income, recorded at $98,209.

In terms of income distribution across age cohorts, in White Salmon, the median household income stands at $98,209 for householders within the 45 to 64 years age group, followed by $69,634 for the 65 years and over age group. Notably, householders within the 25 to 44 years age group, had the lowest median household income at $59,107.

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 city of White Salmon.

FIGURE 1

White Salmon, WA median household income by age of householder

It offers a clear illustration of the differences in median household incomes in White Salmon, 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 2012 and 2022, one groups encountered a decline in their median household income, while the remaining two experienced an increase during this period. Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $32,542(87.73%), escalating from a median of $37,092 in 2012 to $69,634 in 2022. Conversely, the age group of 25 to 44 years years witnessed the most significant decline in household income across the same span. Their median income saw a substantial drop of $29,603(33.37%), declining from a median of $88,710 in 2012 to $59,107 in 2022.

White Salmon, WA household income distribution across age groups

To gain a comprehensive understanding of the financial landscape within the White Salmon 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 11(0.96%) households where the householder is under 25 years old, 144(12.61%) households with a householder aged between 25 and 44 years, 496(43.43%) households with a householder aged between 45 and 64 years, and 491(42.99%) households where the householder is over 65 years old.

In White Salmon, the age group of 45 to 64 years stands out with both the highest median income and the maximum share of households. This alignment suggests a financially stable demographic, indicating an established community with stable careers and higher incomes.

FIGURE 2

White Salmon, WA household income distribution across age groups

Household income distribution across 16 income brackets among four distinct age groups in White Salmon: 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 White Salmon when compared to the state of Washington 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: It is worth noting that 45.45% of the households in White Salmon, where householders are under 25 years old, are either within or surpass the income bracket representing the median income of $94,051 for the state of Washington. These 5 White Salmon households demonstrate a significant financial standing, aligning with or exceeding the median income of the state.
• Householder 25 to 44 years: In White Salmon, among households headed by individuals aged 25 to 44,worth noting that 46.53% match or surpass the state of Washington median income of $94,051. These 67 households, represent a notable portion of the total 144 households in White Salmon within 25-44 years age group, reflecting commendable financial well-being within the state boundaries.
• Householder 45 to 64 years: In White Salmon, within the age group of 45 to 64 years, a remarkable 63.10% of households meet or exceed the state of Washington median income of $94,051. These 313 households, out of the total 496 households in this age cohort, signify a substantial portion of mature demographic of White Salmon, showcasing commendable financial stability in comparison to the Washington state median income benchmark.
• Householder 65 years and over: In White Salmon, among the over 65 years age group, a noteworthy 35.44% of households either match or surpass the state of Washington median income of $94,051. These 174 households, constituting notable portion of the White Salmon city senior population, showcase commendable financial stability compared to the Washington state median income benchmark.

Things to know

Which age group reports the highest median household income in White Salmon, WA?

In White Salmon, households led by individuals aged 45 to 64 years report the highest median household income of $98,209 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 White Salmon, WA?

In terms of income distribution across age cohorts, in White Salmon, the median household income stands at $98,209 for householders within the 45 to 64 years age group, followed by $69,634 for the 65 years and over age group. Notably, householders within the 25 to 44 years age group, had the lowest median household income at $59,107..

How does the median household income for households led by individuals of median age compare in White Salmon, WA?

The median age in White Salmon is 51.2, which falls within the 45 to 64 years range among the four age groups defined by the US Census Bureau. This demographic tends to house more established professionals, possibly reflecting stable households and higher earning poptential. Interestingly, within White Salmon, the age group of 45 to 64 years also exhibits the highest median household income, recorded at $98,209.

References

Notes