62040 Map

62040 Income Statistics

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Comparison to Surrounding Areas

62040 Median Household Income

The median household income ($60,558) for 62040 is less than the median household income for 62025 ($103,300), 62034 ($93,366), 62234 ($66,437), Madison County ($74,800), and Collinsville city ($65,170). But it's more than 62048 ($39,364), 62060 ($40,139), 62090 ($38,269), 62201 ($21,658), 63147 ($39,119), Pontoon Beach village ($59,375), Fairmont City village ($43,333), Venice city ($34,609), Granite City city ($60,490), Hartford village ($39,364), Madison city ($44,181), and Mitchell CDP ($55,313).

62040$60,558
Venice city$34,609
Collinsville city$65,170
Fairmont City village$43,333
Granite City city$60,490
Hartford village$39,364
Madison city$44,181
Mitchell CDP$55,313
Pontoon Beach village$59,375
Madison County$74,800

62040 Average Household Income

The average household income ($73,549) for 62040 is less than the average household income for 62025 ($136,692), 62034 ($122,396), 62234 ($90,355), Madison County ($97,667), Collinsville city ($87,041), and Mitchell CDP ($101,652). But it's more than 62048 ($56,940), 62060 ($47,248), 62090 ($55,688), 62201 ($38,231), 63147 ($48,937), Fairmont City village ($56,554), Venice city ($50,507), Granite City city ($71,484), Hartford village ($56,940), Madison city ($48,614), and Pontoon Beach village ($70,499).

62040$73,549
Venice city$50,507
Collinsville city$87,041
Fairmont City village$56,554
Granite City city$71,484
Hartford village$56,940
Madison city$48,614
Mitchell CDP$101,652
Pontoon Beach village$70,499
Madison County$97,667

62040 Per-Capita Income

The per-capita income for 62040 is $31,168. The per capita income ($31,168) for 62040 is less than the per capita income for 62025 ($51,807), 62034 ($51,678), 62234 ($40,245), Madison County ($40,869), Collinsville city ($40,599), and Mitchell CDP ($52,754). But it's more than 62048 ($26,859), 62060 ($21,154), 62090 ($24,466), 62201 ($18,535), 63147 ($21,872), Fairmont City village ($22,027), Venice city ($22,654), Granite City city ($30,640), Hartford village ($26,859), Madison city ($21,247), and Pontoon Beach village ($27,614).

62040$31,168
Venice city$22,654
Collinsville city$40,599
Fairmont City village$22,027
Granite City city$30,640
Hartford village$26,859
Madison city$21,247
Mitchell CDP$52,754
Pontoon Beach village$27,614
Madison County$40,869

62040 High Income Households

4% of households make over $200,000 a year. The percent high income households (4.0%) for 62040 is less than the percent high income households for 62025 (19.6%), 62034 (16.1%), 62234 (6.4%), Madison County (9.1%), Collinsville city (5.9%), and Mitchell CDP (5.6%). But it's more than 62048 (0.0%), 62060 (2.0%), 62090 (1.1%), 62201 (0.0%), 63147 (0.6%), Fairmont City village (0.0%), Venice city (1.2%), Granite City city (3.6%), Hartford village (0.0%), Madison city (2.2%), and Pontoon Beach village (3.5%).

620404.0%
Venice city1.2%
Collinsville city5.9%
Fairmont City village0.0%
Granite City city3.6%
Hartford village0.0%
Madison city2.2%
Mitchell CDP5.6%
Pontoon Beach village3.5%
Madison County9.1%

62040 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
62040$56,848$74,513$66,468$47,950
Venice city$-1$21,793$41,818$59,205
Collinsville city$36,484$66,172$77,847$55,938
Fairmont City village$-1$42,500$72,188$-1
Granite City city$61,197$75,660$66,525$46,039
Hartford village$19,137$56,705$61,250$38,426
Madison city$-1$49,137$54,375$18,913
Mitchell CDP$-1$59,474$-1$51,500
Pontoon Beach village$44,531$67,404$75,560$50,116
Madison County$44,215$84,970$90,058$56,750

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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 2023 5-year estimates. You can find this information and other demographics for 62040 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 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+
62040+/-$3,372+/-$3,595+/-$1,281+/-1.3%+/-$13,739+/-$7,161+/-$10,393+/-$4,746
Venice city+/-$8,282+/-$9,776+/-$4,743+/-1.2%+/-$-1+/-$5,361+/-$34,617+/-$31,119
Collinsville city+/-$4,896+/-$7,079+/-$3,227+/-1.9%+/-$31,310+/-$6,316+/-$10,310+/-$5,485
Fairmont City village+/-$4,095+/-$9,608+/-$3,183+/-3.9%+/-$-1+/-$24,914+/-$55,469+/-$-1
Granite City city+/-$3,864+/-$4,693+/-$1,546+/-1.4%+/-$4,509+/-$8,728+/-$9,993+/-$10,360
Hartford village+/-$5,046+/-$9,205+/-$3,497+/-5.0%+/-$2,295+/-$45,398+/-$11,731+/-$5,118
Madison city+/-$12,256+/-$7,372+/-$3,260+/-2.9%+/-$-1+/-$5,664+/-$21,932+/-$10,651
Mitchell CDP+/-$14,112+/-$54,149+/-$28,153+/-6.2%+/-$-1+/-$32,089+/-$-1+/-$17,044
Pontoon Beach village+/-$12,814+/-$7,254+/-$3,074+/-2.7%+/-$43,812+/-$20,708+/-$21,120+/-$21,396
Madison County+/-$1,798+/-$2,240+/-$874+/-0.6%+/-$5,629+/-$3,487+/-$3,530+/-$1,788