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61840 Income Statistics

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Comparison to Surrounding Areas

61840 Median Household Income

The median household income ($68,250) for 61840 is less than the median household income for 61822 ($94,926), 61843 ($87,143), 61845 ($105,357), 61853 ($112,169), and Mahomet village ($114,083). But it's more than 60936 ($53,750), 60957 ($64,341), 61866 ($47,703), Champaign County ($61,090), and Dewey CDP ($31,250).

61840$68,250
Dewey CDP$31,250
Mahomet village$114,083
Champaign County$61,090

61840 Average Household Income

The average household income ($84,910) for 61840 is less than the average household income for 61822 ($123,173), 61843 ($104,110), 61845 ($170,649), 61853 ($130,619), Champaign County ($86,280), and Mahomet village ($139,393). But it's more than 60936 ($74,873), 60957 ($84,571), 61866 ($58,508), and Dewey CDP ($37,147).

61840$84,910
Dewey CDP$37,147
Mahomet village$139,393
Champaign County$86,280

61840 Per-Capita Income

The per-capita income for 61840 is $36,703. The per capita income ($36,703) for 61840 is less than the per capita income for 61822 ($51,671), 61843 ($39,239), 61845 ($80,235), 61853 ($45,812), and Mahomet village ($47,023). But it's more than 60936 ($34,088), 60957 ($34,626), 61866 ($25,411), Champaign County ($35,810), and Dewey CDP ($18,232).

61840$36,703
Dewey CDP$18,232
Mahomet village$47,023
Champaign County$35,810

61840 High Income Households

1.9% of households make over $200,000 a year. The percent high income households (1.9%) for 61840 is more than 61866 (2.0%), 61843 (8.5%), 61845 (6.8%), 61853 (17.1%), 60936 (4.9%), 60957 (7.4%), 61822 (14.9%), Champaign County (8.2%), Dewey CDP (0.0%), and Mahomet village (19.4%).

618401.9%
Dewey CDP0.0%
Mahomet village19.4%
Champaign County8.2%

61840 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
61840$-1$31,434$127,813$68,500
Dewey CDP$-1$-1$-1$-1
Mahomet village$-1$124,913$142,483$69,875
Champaign County$18,513$65,419$89,039$62,841

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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 61840 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+
61840+/-$24,259+/-$23,992+/-$10,895+/-2.8%+/-$-1+/-$25,781+/-$81,620+/-$30,934
Dewey CDP+/-$8,891+/-$17,240+/-$9,659+/-40.4%+/-$-1+/-$-1+/-$-1+/-$-1
Mahomet village+/-$20,510+/-$12,438+/-$4,339+/-4.8%+/-$-1+/-$20,424+/-$21,442+/-$3,798
Champaign County+/-$1,625+/-$2,117+/-$912+/-0.7%+/-$3,953+/-$3,135+/-$3,461+/-$4,062