Rock Hill, SC Median Household Income By Age

Per the latest American Community Survey by the Census Bureau, Rock Hill sees its highest median household income among householders in the age group of 45 to 64 years old, at $79,241. Overall, the median household income for the city of Rock Hill stands at $62,589.
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Updated Jan 10, 2024

Median Household Income by Age of Householder in Rock Hill, SC (2022)

This table presents the distribution of median household income among distinct age brackets of householders in Rock Hill. Based on the latest 1-Year estimates from the American Community Survey, it displays how income varies among householders of different ages in Rock Hill.

Age Of The Head Of Household Median Household Income
Under 25 years $52,316
25 to 44 years $62,368
45 to 64 years $79,241
65 years and over $46,430
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Avg Income Age group Avg Income Diversity Index Population Gender ratio (M:F) Homeownership % Avg commute time Custom Dataset: Rock Hill 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

Rock Hill, SC 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 Rock Hill population by age, the median age in Rock Hill is 34.1 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 Rock Hill, the age group of 25 to 44 years exhibited the second-highest median household income, recorded at $62,368.

In terms of income distribution across age cohorts, in Rock Hill, householders within the 45 to 64 years age group have the highest median household income at $79,241, followed by those in the 25 to 44 years age group with an income of $62,368. Meanwhile householders within the under 25 years age group report the second lowest median household income of $52,316. Notably, householders within the 65 years and over age group, had the lowest median household income at $46,430.

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 Rock Hill.

The bar chart shows Rock Hill, SC median household income by age of householder.
Rock Hill, SC median household income by age of householder: It offers a clear illustration of the differences in median household incomes in Rock Hill, 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 Rock Hill, householders within the 45 to 64 years age group have the highest median household income at $79,241, followed by those in the 25 to 44 years age group with an income of $62,368. Meanwhile householders within the under 25 years age group report the second lowest median household income of $52,316. Notably, householders within the 65 years and over age group, had the lowest median household income at $46,430. Source: U.S. Census Bureau American Community Survey (ACS) 2022 1-Year Estimates

Analysis of income trends over the past decade highlights notable shifts across various age groups. Among the four age groups with available Census data in both 2012 and 2022, one groups encountered a decline in their median household income, while the remaining three experienced an increase during this period. Notably, household income for individuals within the Under 25 years age group demonstrated a remarkable increase of $39,932(322.45%), escalating from a median of $12,384 in 2012 to $52,316 in 2022. Conversely, the age group of 65 years and over years witnessed the most significant decline in household income across the same span. Their median income saw a substantial drop of $2,946(5.97%), declining from a median of $49,376 in 2012 to $46,430 in 2022.

Rock Hill, SC household income distribution across age groups

To gain a comprehensive understanding of the financial landscape within the Rock Hill 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 1,688(5.15%) households where the householder is under 25 years old, 12,544(38.28%) households with a householder aged between 25 and 44 years, 9,968(30.42%) households with a householder aged between 45 and 64 years, and 8,570(26.15%) 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 Rock Hill, showcasing varying income levels among different age demographics.

The bar chart displays the distribution of household income in Rock Hill, SC 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.
Rock Hill, SC household income distribution across age groups: 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 Rock Hill, showcasing varying income levels among different age demographics. Source: U.S. Census Bureau American Community Survey (ACS) 2022 1-Year Estimates

Age-wise distribution of Rock Hill household incomes: Comparative analysis across 16 income brackets

Discover the household distribution across 16 income brackets among four distinct age groups in Rock Hill: 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 $10,000 318 382 411 827
$10,000 - $14,999 69 373 183 625
$15,000 - $19,999 - 436 190 373
$20,000 - $24,999 74 181 259 714
$25,000 - $29,999 53 864 736 301
$30,000 - $34,999 53 1,000 668 490
$35,000 - $39,999 - 708 176 479
$40,000 - $44,999 - 603 289 357
$45,000 - $49,999 - 49 420 383
$50,000 - $59,999 299 1,120 625 551
$60,000 - $74,999 559 1,715 777 1,213
$75,000 - $99,999 156 2,148 1,271 1,027
$100,000 - $124,999 107 663 1,212 454
$125,000 - $149,999 - 1,311 1,014 34
$150,000 - $199,999 - 838 1,286 454
$200,000 or more - 153 451 288
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To further explore the income distribution and gain insights into financial landscape of Rock Hill when compared to the state of South Carolina 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 48.70% of the households in Rock Hill, where householders are under 25 years old, are either within or surpass the income bracket representing the median income of $64,115 for the state of South Carolina. These 822 Rock Hill households demonstrate a significant financial standing, aligning with or exceeding the median income of the state.
  • Householder 25 to 44 years: In Rock Hill, among households headed by individuals aged 25 to 44, an impressive 54.43% match or surpass the state of South Carolina median income of $64,115. These 6,828 households, represent a significant portion of the total 12,544 households in Rock Hill within 25-44 years age group, reflecting commendable financial well-being within the state boundaries.
  • Householder 45 to 64 years: In Rock Hill, within the age group of 45 to 64 years, a remarkable 60.30% of households meet or exceed the state of South Carolina median income of $64,115. These 6,011 households, out of the total 9,968 households in this age cohort, signify a substantial portion of mature demographic of Rock Hill, showcasing commendable financial stability in comparison to the South Carolina state median income benchmark.
  • Householder 65 years and over: In Rock Hill, among the over 65 years age group, a noteworthy 40.49% of households either match or surpass the state of South Carolina median income of $64,115. These 3,470 households, constituting notable portion of the Rock Hill city senior population, showcase commendable financial stability compared to the South Carolina state median income benchmark.

Things to know

Which age group reports the highest median household income in Rock Hill, SC?

In Rock Hill, households led by individuals aged 45 to 64 years report the highest median household income of $79,241 according to the American Community Survey 2022 1-Year Estimates by the US Census Bureau.

How does the median household income vary by age in Rock Hill, SC?

In terms of income distribution across age cohorts, in Rock Hill, householders within the 45 to 64 years age group have the highest median household income at $79,241, followed by those in the 25 to 44 years age group with an income of $62,368. Meanwhile householders within the under 25 years age group report the second lowest median household income of $52,316. Notably, householders within the 65 years and over age group, had the lowest median household income at $46,430..

How does the median household income for households led by individuals of median age compare in Rock Hill, SC?

The median age in Rock Hill is 34.1, 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 Rock Hill, the age group of 25 to 44 years exhibited the second-highest median household income, recorded at $62,368.

References

Datasets

Explore datasets by year of publication.
2023
Age-wise distribution of Rock Hill, SC 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 Rock Hill: 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 1,688(5.15%) households where the householder is under 25 years old, 12,544(38.28%) households with a householder aged between 25 and 44 years, 9,968(30.42%) households with a householder aged between 45 and 64 years, and 8,570(26.15%) 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 Rock Hill, showcasing varying income levels among different age demographics.
Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2022 1-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 Rock Hill median household income by age. You can refer the same here

Rock Hill, SC 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 Rock Hill. Based on the latest 2022 1-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Rock Hill. 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 2022

In terms of income distribution across age cohorts, in Rock Hill, householders within the 45 to 64 years age group have the highest median household income at $79,241, followed by those in the 25 to 44 years age group with an income of $62,368. Meanwhile householders within the under 25 years age group report the second lowest median household income of $52,316. Notably, householders within the 65 years and over age group, had the lowest median household income at $46,430.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2022 1-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 Rock Hill 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 Rock Hill (in 2022 dollars)
Median household income of nearby cities (in 2022 dollars)

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

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