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62707 Income Statistics

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Comparison to Surrounding Areas

62707 Median Household Income

The median household income ($86,500) for 62707 is less than the median household income for 62677 ($91,607), 62520 ($89,044), 62625 ($139,375), 62712 ($103,452), 62684 ($136,827), 62711 ($117,594), and Sherman village ($139,475). But it's more than 62561 ($72,302), 62702 ($51,814), 62703 ($43,760), Sangamon County ($71,653), Springfield city ($62,419), Clear Lake village ($55,625), and Riverton village ($54,613).

62707$86,500
Clear Lake village$55,625
Riverton village$54,613
Sherman village$139,475
Springfield city$62,419
Sangamon County$71,653

62707 Average Household Income

The average household income ($98,036) for 62707 is less than the average household income for 62677 ($143,363), 62520 ($100,313), 62625 ($143,578), 62712 ($137,560), 62684 ($148,234), 62711 ($156,439), and Sherman village ($155,300). But it's more than 62561 ($84,726), 62702 ($64,766), 62703 ($59,518), Sangamon County ($94,790), Springfield city ($87,291), Clear Lake village ($56,792), and Riverton village ($72,947).

62707$98,036
Clear Lake village$56,792
Riverton village$72,947
Sherman village$155,300
Springfield city$87,291
Sangamon County$94,790

62707 Per-Capita Income

The per-capita income for 62707 is $44,252. The per capita income ($44,252) for 62707 is less than the per capita income for 62625 ($58,485), 62677 ($58,970), 62684 ($52,528), 62711 ($65,250), 62712 ($58,788), and Sherman village ($59,595). But it's more than 62703 ($25,918), 62520 ($41,793), 62561 ($38,177), 62702 ($30,364), Sangamon County ($41,387), Clear Lake village ($25,925), Riverton village ($33,559), and Springfield city ($39,648).

62707$44,252
Clear Lake village$25,925
Riverton village$33,559
Sherman village$59,595
Springfield city$39,648
Sangamon County$41,387

62707 High Income Households

7.0% of households make over $200,000 a year. The percent high income households (7.0%) for 62707 is more than 62712 (16.0%), 62677 (19.5%), 62684 (17.0%), 62702 (2.3%), 62703 (2.6%), 62711 (19.6%), 62520 (4.8%), 62561 (4.5%), 62625 (20.4%), Sangamon County (7.6%), Clear Lake village (0.0%), Riverton village (3.2%), Sherman village (23.5%), and Springfield city (6.6%).

627077.0%
Clear Lake village0.0%
Riverton village3.2%
Sherman village23.5%
Springfield city6.6%
Sangamon County7.6%

62707 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
62707$-1$88,750$101,054$60,042
Clear Lake village$-1$68,958$-1$-1
Riverton village$-1$-1$71,713$38,989
Sherman village$-1$121,536$165,926$111,917
Springfield city$30,417$62,702$75,249$58,896
Sangamon County$37,894$71,502$86,228$61,464

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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 62707 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+
62707+/-$10,534+/-$7,548+/-$3,435+/-2.9%+/-$-1+/-$57,765+/-$11,833+/-$16,148
Clear Lake village+/-$32,881+/-$15,249+/-$5,554+/-21.6%+/-$-1+/-$25,138+/-$-1+/-$-1
Riverton village+/-$36,230+/-$11,794+/-$5,341+/-3.3%+/-$-1+/-$-1+/-$18,421+/-$4,448
Sherman village+/-$12,845+/-$14,431+/-$6,030+/-8.6%+/-$-1+/-$14,813+/-$15,763+/-$17,682
Springfield city+/-$2,407+/-$2,748+/-$1,256+/-0.7%+/-$6,891+/-$3,153+/-$7,086+/-$3,374
Sangamon County+/-$1,845+/-$1,890+/-$797+/-0.5%+/-$5,735+/-$3,045+/-$2,239+/-$2,572