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47020 Income Statistics

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Comparison to Surrounding Areas

47020 Median Household Income

The median household income ($60,777) for 47020 is less than the median household income for 47038 ($61,875), 47043 ($66,897), and Switzerland County ($66,525). But it's more than 47040 ($60,533) and Florence CDP ($-1).

47020$60,777
Florence CDP$-1
Switzerland County$66,525

47020 Average Household Income

The average household income ($72,000) for 47020 is less than the average household income for 47040 ($74,947), 47043 ($76,897), and Switzerland County ($74,029). But it's more than 47038 ($53,062) and Florence CDP ($-1).

47020$72,000
Florence CDP$-1
Switzerland County$74,029

47020 Per-Capita Income

The per-capita income for 47020 is $26,182. The per capita income ($26,182) for 47020 is less than the per capita income for 47040 ($32,318), 47043 ($32,449), Switzerland County ($29,202), and Florence CDP ($44,785). But it's more than 47038 ($22,647).

47020$26,182
Florence CDP$44,785
Switzerland County$29,202

47020 High Income Households

5.0% of households make over $200,000 a year. The percent high income households (5.0%) for 47020 is more than 47038 (0.3%), 47040 (2.7%), 47043 (3.0%), Switzerland County (2.9%), and Florence CDP (66.7%).

470205.0%
Florence CDP66.7%
Switzerland County2.9%

47020 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
47020$-1$50,769$62,292$66,964
Florence CDP$-1$-1$-1$-1
Switzerland County$-1$72,438$74,552$46,563

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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 47020 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+
47020+/-$15,113+/-$15,881+/-$5,349+/-6.4%+/-$-1+/-$11,860+/-$35,209+/-$12,680
Florence CDP+/-$-1+/-$-1+/-$40,228+/-57.5%+/-$-1+/-$-1+/-$-1+/-$-1
Switzerland County+/-$7,924+/-$4,307+/-$1,735+/-1.4%+/-$-1+/-$18,319+/-$5,610+/-$10,426