Henniker, New Hampshire Median Household Income By Age

Per the latest American Community Survey by the Census Bureau, Henniker town sees its highest median household income among householders in the age group of 65 years and over old, at $105,130. Overall, the median household income for the town of Henniker town stands at $85,933.
Neilsberg Research Avatar
Updated Jan 10, 2024

Median Household Income by Age of Householder in Henniker, New Hampshire (2021, in 2022 inflation-adjusted dollars)

This table presents the distribution of median household income among distinct age brackets of householders in Henniker town. Based on the latest 5-Year estimates from the American Community Survey, it displays how income varies among householders of different ages in Henniker town.

Age Of The Head Of Household Median Household Income
Under 25 years -
25 to 44 years $81,215
45 to 64 years $70,151
65 years and over $105,130
Need Income insights or broader demographics data for Henniker town?
We can help you with custom data for Henniker town, other cities in Merrimack County, any place in New Hampshire, or across the USA!
Avg Income Age group Avg Income Diversity Index Population Gender ratio (M:F) Homeownership % Avg commute time Custom Dataset: Henniker town Self-employed, multilingual, car-commuting, insured individuals 15 to 24 years $27,865 75 27,354 0.75 0.5% 55 min 25 to 44 years $44,231 90 37,459 0.86 19% 43 min 45 to 64 years $53,865 95 42,167 0.77 35% 15 min 65 to 74 years $51,800 74 32,972 0.91 45% 13 min 75 to 84 years $41,234 66 26,758 0.87 66% 42 min 85 years and over $36,093 56 18,857 0.89 76% 45 min

Henniker, New Hampshire 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 Henniker town population by age, the median age in Henniker town is 33 years.

Typically for a location with median age in this range, it suggests a dynamic mix of young professionals, often indicative of family formation and career advancement. Interestingly, within Henniker town, the age group of 25 to 44 years exhibited the second-highest median household income, recorded at $81,215.

In terms of income distribution across age cohorts, in Henniker town, the median household income stands at $105,130 for householders within the 65 years and over age group, followed by $81,215 for the 25 to 44 years age group. Notably, householders within the 45 to 64 years age group, had the lowest median household income at $70,151.

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 town of Henniker town.

The bar chart shows Henniker, New Hampshire median household income by age of householder. All incomes have been adjusted for 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS).
Henniker, New Hampshire median household income by age of householder: It offers a clear illustration of the differences in median household incomes in Henniker town, 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. In terms of income distribution across age cohorts, in Henniker town, the median household income stands at $105,130 for householders within the 65 years and over age group, followed by $81,215 for the 25 to 44 years age group. Notably, householders within the 45 to 64 years age group, had the lowest median household income at $70,151. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

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 $61,407(140.45%), escalating from a median of $43,723 in 2011 to $105,130 in 2021. Conversely, the age group of 45 to 64 years years witnessed the most significant decline in household income across the same span. Their median income saw a substantial drop of $41,439(37.14%), declining from a median of $111,590 in 2011 to $70,151 in 2021.

Henniker, New Hampshire household income distribution across age groups

To gain a comprehensive understanding of the financial landscape within the Henniker town 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 140(6.67%) households where the householder is under 25 years old, 687(32.75%) households with a householder aged between 25 and 44 years, 628(29.93%) households with a householder aged between 45 and 64 years, and 643(30.65%) 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 25 to 44 years bracket. This distribution hints at economic disparities within the town of Henniker town, showcasing varying income levels among different age demographics.

The bar chart displays the distribution of household income in Henniker, New Hampshire across different age groups as categorized by the U.S. Census Bureau. It illustrates the number of households within each income bracket across age categories. This visualization offers valuable insights into income disparities and variations across age groups, facilitating data analysis and informed decision-making. It enables the identification of demographics with specific financial statuses within distinct age brackets.
Henniker, New Hampshire household income distribution across age groups: The age group of 65 years and over exhibits the highest median household income, while the largest number of households falls within the 25 to 44 years bracket. This distribution hints at economic disparities within the town of Henniker town, showcasing varying income levels among different age demographics. Source: U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates

Age-wise distribution of Henniker town household incomes: Comparative analysis across 16 income brackets

Discover the household distribution across 16 income brackets among four distinct age groups in Henniker town: 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 31 - 9 -
$10,000 - $14,999 31 25 74 11
$15,000 - $19,999 - 40 35 11
$20,000 - $24,999 - - 14 29
$25,000 - $29,999 - 194 - 14
$30,000 - $34,999 - - 11 22
$35,000 - $39,999 - - 19 35
$40,000 - $44,999 - 53 - 31
$45,000 - $49,999 - - 25 -
$50,000 - $59,999 - 20 79 -
$60,000 - $74,999 20 9 61 96
$75,000 - $99,999 - 69 60 100
$100,000 - $124,999 30 146 48 70
$125,000 - $149,999 - 31 24 181
$150,000 - $199,999 - 62 61 16
$200,000 or more 28 38 108 27
Exploring Henniker town's Diversity? Request Customized Data Now!

To further explore the income distribution and gain insights into financial landscape of Henniker town when compared to the state of New Hampshire 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 41.43% of the households in Henniker town, where householders are under 25 years old, are either within or surpass the income bracket representing the median income of $89,992 for the state of New Hampshire. These 58 Henniker town households demonstrate a significant financial standing, aligning with or exceeding the median income of the state.
  • Householder 25 to 44 years: In Henniker town, among households headed by individuals aged 25 to 44, an impressive 50.36% match or surpass the state of New Hampshire median income of $89,992. These 346 households, represent a significant portion of the total 687 households in Henniker town within 25-44 years age group, reflecting commendable financial well-being within the state boundaries.
  • Householder 45 to 64 years: In Henniker town, within the age group of 45 to 64 years, a noteworthy 47.93% of households meet or exceed the state of New Hampshire median income of $89,992. These 301 households, out of the total 628 households in this age cohort, signify a notable portion of mature demographic of Henniker town, showcasing commendable financial stability in comparison to the New Hampshire state median income benchmark.
  • Householder 65 years and over: In Henniker town, among the over 65 years age group, an impressive 61.28% of households either match or surpass the state of New Hampshire median income of $89,992. These 394 households, constituting a significant portion of the Henniker town town senior population, showcase commendable financial stability compared to the New Hampshire state median income benchmark.

Things to know

Which age group reports the highest median household income in Henniker, New Hampshire?

In Henniker town, households led by individuals aged 65 years and over report the highest median household income of $105,130 according to the American Community Survey 2017-2021 5-Year Estimates by the US Census Bureau.

How does the median household income vary by age in Henniker, New Hampshire?

In terms of income distribution across age cohorts, in Henniker town, the median household income stands at $105,130 for householders within the 65 years and over age group, followed by $81,215 for the 25 to 44 years age group. Notably, householders within the 45 to 64 years age group, had the lowest median household income at $70,151..

How does the median household income for households led by individuals of median age compare in Henniker, New Hampshire?

The median age in Henniker town is 33, which falls within the 25 to 44 years range among the four age groups defined by the US Census Bureau. This demographic suggests a dynamic mix of young professionals, often indicative of family formation and career advancement. Interestingly, within Henniker town, the age group of 25 to 44 years exhibited the second-highest median household income, recorded at $81,215.

References

Datasets

Explore datasets by year of publication.
2023
Age-wise distribution of Henniker, New Hampshire household incomes: Comparative analysis across 16 income brackets
Last updated January 10, 2024
ACS
Free
Neilsberg
CSV, JSON
2017-2021
CC BY 4.0
About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in Henniker town: Under 25 years, 25-44 years, 45-64 years, and over 65 years. The dataset highlights the variation in household income, offering valuable insights into economic trends and disparities within different age categories, aiding in data analysis and decision-making..

Key observations

  • Upon closer examination of the distribution of households among age brackets, it reveals that there are 140(6.67%) households where the householder is under 25 years old, 687(32.75%) households with a householder aged between 25 and 44 years, 628(29.93%) households with a householder aged between 45 and 64 years, and 643(30.65%) 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 25 to 44 years bracket. This distribution hints at economic disparities within the town of Henniker town, showcasing varying income levels among different age demographics.

Henniker, New Hampshire household income distribution across age groups

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Income brackets:

  • Less than $10,000
  • $10,000 to $14,999
  • $15,000 to $19,999
  • $20,000 to $24,999
  • $25,000 to $29,999
  • $30,000 to $34,999
  • $35,000 to $39,999
  • $40,000 to $44,999
  • $45,000 to $49,999
  • $50,000 to $59,999
  • $60,000 to $74,999
  • $75,000 to $99,999
  • $100,000 to $124,999
  • $125,000 to $149,999
  • $150,000 to $199,999
  • $200,000 or more

Variables / Data Columns

  • Household Income: This column showcases 16 income brackets ranging from Under $10,000 to $200,000+ ( As mentioned above).
  • Under 25 years: The count of households led by a head of household under 25 years old with income within a specified income bracket.
  • 25 to 44 years: The count of households led by a head of household 25 to 44 years old with income within a specified income bracket.
  • 45 to 64 years: The count of households led by a head of household 45 to 64 years old with income within a specified income bracket.
  • 65 years and over: The count of households led by a head of household 65 years and over old with income within a specified income bracket.

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.

Inspiration

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/.

Recommended for further research

This dataset is a part of the main dataset for Henniker town median household income by age. You can refer the same here

Henniker, New Hampshire annual median income by age groups dataset (in 2022 inflation-adjusted dollars)
Last updated January 10, 2024
ACS
Free
Neilsberg
CSV, JSON
2017-2021
CC BY 4.0
About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Henniker 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 Henniker 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 Henniker town, the median household income stands at $105,130 for householders within the 65 years and over age group, followed by $81,215 for the 25 to 44 years age group. Notably, householders within the 45 to 64 years age group, had the lowest median household income at $70,151.

Henniker, New Hampshire median household income by age of householder

Content

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:

  • Under 25 years
  • 25 to 44 years
  • 45 to 64 years
  • 65 years and over

Variables / Data Columns

  • Age Of The Head Of Household: This column presents the age of the head of household
  • Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific age group

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.

Inspiration

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/.

Recommended for further research

This dataset is a part of the main dataset for Henniker town median household income by age. You can refer the same here

If you're looking for datasets from another year, please feel free to contact us at research@neilsberg.com and we'll be happy to assist you further.

Explore more

Median household income of places that contain Henniker town (in 2022 dollars)

About the author

Neilsberg Research Avatar
Neilsberg Research
Neilsberg Research team are data scientists with expertise in processing, analysis and visualization of big data helping small businesses make right decisions.

Share

This article is for informational purposes only and is not intended to be legal or tax advice. We recommend that you consult with a qualified professional such as a lawyer or accountant before making a decision. Many of the products and services featured here are from our affiliate partners. We may receive commissions on purchases made from our chosen links. Read advertiser disclosure.