62557 Income Statistics

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Comparison to Surrounding Areas

62557 Median Household Income

The median household income ($53,060) for 62557 is less than the median household income for 62571 ($66,207), 62546 ($80,417), 62553 ($78,750), 62555 ($74,800), 62075 ($65,064), 62431 ($70,000), Montgomery County ($61,796), Shelby County ($65,585), and Christian County ($56,933). But it's more than 62083 ($-1), 62510 ($52,799), and Pana city ($47,763).

62557	$53,060
Pana city	$47,763
Christian County	$56,933
Montgomery County	$61,796
Shelby County	$65,585

62557 Average Household Income

The average household income ($68,047) for 62557 is less than the average household income for 62571 ($68,903), 62546 ($93,800), 62553 ($85,233), 62555 ($84,863), 62075 ($77,362), 62431 ($76,413), Montgomery County ($76,744), Shelby County ($76,869), and Christian County ($70,766). But it's more than 62083 ($34,429), 62510 ($64,378), and Pana city ($59,368).

62557	$68,047
Pana city	$59,368
Christian County	$70,766
Montgomery County	$76,744
Shelby County	$76,869

62557 Per-Capita Income

The per-capita income for 62557 is $30,440. The per capita income ($30,440) for 62557 is less than the per capita income for 62571 ($31,782), 62546 ($39,451), 62553 ($34,720), 62075 ($34,684), 62431 ($31,596), 62510 ($31,127), Shelby County ($32,085), and Montgomery County ($30,918). But it's more than 62083 ($21,397), 62555 ($27,641), Christian County ($29,960), and Pana city ($27,967).

62557	$30,440
Pana city	$27,967
Christian County	$29,960
Montgomery County	$30,918
Shelby County	$32,085

62557 High Income Households

3.2% of households make over $200,000 a year. The percent high income households (3.2%) for 62557 is more than 62571 (1.6%), 62510 (3.5%), 62546 (8.9%), 62553 (6.6%), 62555 (8.1%), 62075 (4.7%), 62083 (0.0%), 62431 (0.0%), Montgomery County (4.1%), Shelby County (3.8%), Christian County (4.0%), and Pana city (1.7%).

62557	3.2%
Pana city	1.7%
Christian County	4.0%
Montgomery County	4.1%
Shelby County	3.8%

62557 Median Household Income by Age of Householder

	under 25 years	25 to 44 years	45 to 64 years	65 years and over
62557	$-1	$71,490	$59,830	$36,890
Pana city	$-1	$67,917	$58,656	$34,848
Christian County	$39,911	$68,197	$66,641	$40,954
Montgomery County	$39,091	$69,537	$78,362	$41,635
Shelby County	$43,438	$80,774	$75,964	$52,045

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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 62557 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
	Median Household Income	Average Household Income	Per Capita Income	High Income Households	under 25	25 to 44	45 to 64	65+
62557	+/-$7,080	+/-$6,338	+/-$3,040	+/-1.7%	+/-$-1	+/-$10,102	+/-$5,702	+/-$5,598
Pana city	+/-$10,841	+/-$6,255	+/-$3,670	+/-1.3%	+/-$-1	+/-$27,265	+/-$7,536	+/-$5,224
Christian County	+/-$2,958	+/-$2,898	+/-$1,344	+/-0.9%	+/-$19,595	+/-$8,305	+/-$5,158	+/-$4,022
Montgomery County	+/-$3,756	+/-$4,444	+/-$1,456	+/-1.1%	+/-$21,449	+/-$6,892	+/-$5,679	+/-$4,777
Shelby County	+/-$3,146	+/-$4,090	+/-$1,528	+/-1.1%	+/-$22,177	+/-$10,301	+/-$13,085	+/-$5,667