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85040 Income Statistics

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Comparison to Surrounding Areas

85040 Median Household Income

The median household income ($55,771) for 85040 is less than the median household income for 85004 ($67,727), 85041 ($65,345), 85042 ($78,282), 85282 ($72,895), Maricopa County ($80,675), and Phoenix city ($72,092). But it's more than 85003 ($49,607), 85007 ($50,490), 85034 ($42,177), and 85281 ($55,572).

85040$55,771
Phoenix city$72,092
Maricopa County$80,675

85040 Average Household Income

The average household income ($63,953) for 85040 is less than 85282 ($89,691), 85042 ($103,002), 85281 ($71,456), 85003 ($85,594), 85004 ($98,813), 85007 ($74,407), 85034 ($64,748), 85041 ($84,934), Maricopa County ($108,596), and Phoenix city ($99,862).

85040$63,953
Phoenix city$99,862
Maricopa County$108,596

85040 Per-Capita Income

The per-capita income for 85040 is $21,554. The per capita income ($21,554) for 85040 is less than 85282 ($41,015), 85042 ($34,708), 85281 ($30,086), 85003 ($45,818), 85004 ($45,307), 85007 ($29,763), 85034 ($31,833), 85041 ($25,525), Maricopa County ($41,533), and Phoenix city ($37,499).

85040$21,554
Phoenix city$37,499
Maricopa County$41,533

85040 High Income Households

2.4% of households make over $200,000 a year. The percent high income households (2.4%) for 85040 is more than 85282 (5.8%), 85042 (10.6%), 85281 (3.7%), 85003 (9.3%), 85004 (13.3%), 85007 (5.7%), 85034 (4.6%), 85041 (4.7%), Maricopa County (11.3%), and Phoenix city (9.8%).

850402.4%
Phoenix city9.8%
Maricopa County11.3%

85040 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
85040$59,246$59,399$55,554$20,135
Phoenix city$49,881$75,224$83,620$55,026
Maricopa County$51,209$85,500$97,879$61,389

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2022 5-year estimates. You can find this information and other demographics for 85040 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
85040+/-$2,297+/-$4,105+/-$1,374+/-1.6%+/-$9,435+/-$4,068+/-$8,978+/-$5,176
Phoenix city+/-$1,115+/-$1,213+/-$447+/-0.3%+/-$3,401+/-$1,646+/-$1,603+/-$1,380
Maricopa County+/-$588+/-$776+/-$285+/-0.2%+/-$1,373+/-$838+/-$1,218+/-$768