Context
The dataset presents the distribution of median household income among distinct age brackets of householders in Lockport town. Based on the latest 2017-2021 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Lockport town. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.
Key observations: Insights from 2021
In terms of income distribution across age cohorts, in Lockport town, householders within the 25 to 44 years age group have the highest median household income at $102,882, followed by those in the 45 to 64 years age group with an income of $97,134. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $63,536. Notably, householders within the under 25 years age group, had the lowest median household income at $44,312.
When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.
Age groups classifications include:
Variables / Data Columns
Good to know
Margin of Error
Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.
Custom data
If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.
Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.
This dataset is a part of the main dataset for Lockport town median household income by age. You can refer the same here