Johnson City, TN 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 Johnson City population by age, the median age in Johnson City is 35.3 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 Johnson City, the age group of 25 to 44 years exhibited the second-highest median household income, recorded at $66,214.
In terms of income distribution across age cohorts, in Johnson City, householders within the 45 to 64 years age group have the highest median household income at $85,198, followed by those in the 25 to 44 years age group with an income of $66,214. Meanwhile householders within the 65 years and over age group report the second lowest median household income of $49,225. Notably, householders within the under 25 years age group, had the lowest median household income at $32,691.
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 Johnson City.
Analysis of income trends over the past decade highlights notable shifts across various age groups. Given the absence of data across all age groups in one of the surveyed years (either 2012 or 2022) from the US Census Bureau American Community Survey, conducting a temporal analysis for those age cohorts was unattainable.
Johnson City, TN household income distribution across age groups
To gain a comprehensive understanding of the financial landscape within the Johnson City 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 3,195(10.66%) households where the householder is under 25 years old, 10,845(36.18%) households with a householder aged between 25 and 44 years, 7,678(25.61%) households with a householder aged between 45 and 64 years, and 8,259(27.55%) households where the householder is over 65 years old.
The age group of 45 to 64 years 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 city of Johnson City, showcasing varying income levels among different age demographics.
Age-wise distribution of Johnson City household incomes: Comparative analysis across 16 income brackets
Discover the household distribution across 16 income brackets among four distinct age groups in Johnson City: 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 | 449 | 450 | 278 | 773 |
| $10,000 - $14,999 | - | 106 | 749 | 810 |
| $15,000 - $19,999 | 633 | 43 | 283 | 390 |
| $20,000 - $24,999 | 443 | 766 | 191 | 447 |
| $25,000 - $29,999 | 37 | 514 | 140 | 271 |
| $30,000 - $34,999 | 465 | 620 | 417 | 152 |
| $35,000 - $39,999 | 259 | 499 | 37 | 275 |
| $40,000 - $44,999 | 148 | 781 | 146 | 584 |
| $45,000 - $49,999 | - | 711 | 147 | 522 |
| $50,000 - $59,999 | 423 | 359 | 290 | 731 |
| $60,000 - $74,999 | 105 | 1,502 | 778 | 1,031 |
| $75,000 - $99,999 | 49 | 1,192 | 796 | 637 |
| $100,000 - $124,999 | 184 | 927 | 914 | 354 |
| $125,000 - $149,999 | - | 1,065 | 267 | 304 |
| $150,000 - $199,999 | - | 869 | 702 | 429 |
| $200,000 or more | - | 441 | 1,543 | 549 |
To further explore the income distribution and gain insights into financial landscape of Johnson City when compared to the state of Tennessee 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 10.58% of the households in Johnson City, where householders are under 25 years old, are either within or surpass the income bracket representing the median income of $65,254 for the state of Tennessee. These 338 Johnson City households demonstrate a significant financial standing, aligning with or exceeding the median income of the state.
- Householder 25 to 44 years: In Johnson City, among households headed by individuals aged 25 to 44, an impressive 55.29% match or surpass the state of Tennessee median income of $65,254. These 5,996 households, represent a significant portion of the total 10,845 households in Johnson City within 25-44 years age group, reflecting commendable financial well-being within the state boundaries.
- Householder 45 to 64 years: In Johnson City, within the age group of 45 to 64 years, a remarkable 65.12% of households meet or exceed the state of Tennessee median income of $65,254. These 5,000 households, out of the total 7,678 households in this age cohort, signify a substantial portion of mature demographic of Johnson City, showcasing commendable financial stability in comparison to the Tennessee state median income benchmark.
- Householder 65 years and over: In Johnson City, among the over 65 years age group, a noteworthy 40% of households either match or surpass the state of Tennessee median income of $65,254. These 3,304 households, constituting notable portion of the Johnson City city senior population, showcase commendable financial stability compared to the Tennessee state median income benchmark.