Bayou La Batre, AL 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 Bayou La Batre population by age, the median age in Bayou La Batre is 44.3 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, according to the latest American Community Survey data, the US Census Bureau did not report the median household income for householders in the 45 to 64 years age group in Bayou La Batre. This absence could be attributed to a smaller working population or fewer household heads within this age range, potentially resulting in less reliable or unavailable data for reporting.
In terms of income distribution across age cohorts, in Bayou La Batre, the median household income stands at $39,085 for householders within the 65 years and over age group, followed by $36,261 for the 25 to 44 years age group. Notably, householders within the under 25 years age group, had the lowest median household income at $30,753.
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 Bayou La Batre.
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 2011 and 2021, two groups encountered a decline in their median household income, while the remaining one experienced an increase during this period. Notably, household income for individuals within the 65 years and over age group demonstrated a remarkable increase of $11,491(41.64%), escalating from a median of $27,594 in 2011 to $39,085 in 2021. Conversely, the age group of Under 25 years years witnessed the most significant decline in household income across the same span. Their median income saw a substantial drop of $88,140(74.13%), declining from a median of $118,893 in 2011 to $30,753 in 2021.
Bayou La Batre, AL household income distribution across age groups
To gain a comprehensive understanding of the financial landscape within the Bayou La Batre 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 87(8.25%) households where the householder is under 25 years old, 282(26.73%) households with a householder aged between 25 and 44 years, 500(47.39%) households with a householder aged between 45 and 64 years, and 186(17.63%) households where the householder is over 65 years old.
The age group of 65 years and over exhibits the highest median household income, while the largest number of households falls within the 45 to 64 years bracket. This distribution hints at economic disparities within the city of Bayou La Batre, showcasing varying income levels among different age demographics.
Age-wise distribution of Bayou La Batre household incomes: Comparative analysis across 16 income brackets
Discover the household distribution across 16 income brackets among four distinct age groups in Bayou La Batre: Under 25 years, 25-44 years, 45-64 years, and over 65 years. This table highlights the variation in household income, offering valuable insights into economic trends and disparities within different age categories.
| Household Income Age of Householder | Under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over |
|---|---|---|---|---|
| Less than $10,000 | 20 | 28 | 237 | 22 |
| $10,000 - $14,999 | - | 6 | 22 | 28 |
| $15,000 - $19,999 | 6 | 23 | 3 | 13 |
| $20,000 - $24,999 | - | 14 | 23 | 11 |
| $25,000 - $29,999 | 46 | 52 | 7 | - |
| $30,000 - $34,999 | - | 43 | 13 | - |
| $35,000 - $39,999 | - | - | 5 | 54 |
| $40,000 - $44,999 | 3 | 16 | 26 | 8 |
| $45,000 - $49,999 | - | 13 | 29 | 20 |
| $50,000 - $59,999 | 3 | - | 17 | 21 |
| $60,000 - $74,999 | - | 51 | 62 | 6 |
| $75,000 - $99,999 | 9 | 22 | - | 3 |
| $100,000 - $124,999 | - | 14 | 48 | - |
| $125,000 - $149,999 | - | - | 8 | - |
| $150,000 - $199,999 | - | - | - | - |
| $200,000 or more | - | - | - | - |
To further explore the income distribution and gain insights into financial landscape of Bayou La Batre when compared to the state of Alabama 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 noteworthy that only 13.79% of the households in Bayou La Batre, where householders are under 25 years old, are either within or surpass the income bracket representing the median income of $59,674 for the state of Alabama. These 12 Bayou La Batre households demonstrate a significant financial standing, aligning with or exceeding the median income of the state.
- Householder 25 to 44 years: In Bayou La Batre, among households headed by individuals aged 25 to 44,worth noting that 30.85% match or surpass the state of Alabama median income of $59,674. These 87 households, represent a notable portion of the total 282 households in Bayou La Batre within 25-44 years age group, reflecting commendable financial well-being within the state boundaries.
- Householder 45 to 64 years: In Bayou La Batre, within the age group of 45 to 64 years, a noteworthy 27% of households meet or exceed the state of Alabama median income of $59,674. These 135 households, out of the total 500 households in this age cohort, signify a notable portion of mature demographic of Bayou La Batre, showcasing commendable financial stability in comparison to the Alabama state median income benchmark.
- Householder 65 years and over: In Bayou La Batre, among the over 65 years age group, only 16.13% of households either match or surpass the state of Alabama median income of $59,674. These 30 households, constituting low portion of the Bayou La Batre city senior population, showcase commendable financial stability compared to the Alabama state median income benchmark.