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31716 Income Statistics

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Comparison to Surrounding Areas

31716 Median Household Income

The median household income ($54,300) for 31716 is less than the median household income for 31721 ($76,243), 31744 ($66,377), and Baconton city ($54,850). But it's more than 31705 ($36,805), 31730 ($48,527), 31784 ($34,673), 39870 ($49,038), and Mitchell County ($45,966).

31716$54,300
Baconton city$54,850
Mitchell County$45,966

31716 Average Household Income

The average household income ($70,298) for 31716 is less than the average household income for 31721 ($104,834) and 31744 ($80,182). But it's more than 31705 ($50,187), 31730 ($61,552), 31784 ($63,337), 39870 ($60,929), Mitchell County ($62,136), and Baconton city ($69,801).

31716$70,298
Baconton city$69,801
Mitchell County$62,136

31716 Per-Capita Income

The per-capita income for 31716 is $30,483. The per capita income ($30,483) for 31716 is less than the per capita income for 31721 ($43,416) and 31744 ($35,488). But it's more than 31705 ($18,993), 31730 ($28,191), 31784 ($24,214), 39870 ($24,227), Mitchell County ($24,705), and Baconton city ($23,632).

31716$30,483
Baconton city$23,632
Mitchell County$24,705

31716 High Income Households

2.2% of households make over $200,000 a year. The percent high income households (2.2%) for 31716 is more than 39870 (2.8%), 31744 (2.6%), 31784 (3.2%), 31705 (1.2%), 31721 (8.0%), 31730 (3.3%), Mitchell County (2.8%), and Baconton city (1.4%).

317162.2%
Baconton city1.4%
Mitchell County2.8%

31716 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
31716$-1$55,476$-1$56,691
Baconton city$-1$92,917$64,750$27,500
Mitchell County$70,032$62,683$39,968$40,508

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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 31716 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+
31716+/-$17,143+/-$15,345+/-$6,484+/-3.1%+/-$-1+/-$12,637+/-$-1+/-$27,926
Baconton city+/-$23,806+/-$11,955+/-$4,909+/-1.7%+/-$-1+/-$87,343+/-$32,816+/-$26,594
Mitchell County+/-$10,580+/-$5,415+/-$2,149+/-1.3%+/-$28,990+/-$19,352+/-$9,838+/-$10,298