47024 Income Statistics

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Comparison to Surrounding Areas

47024 Median Household Income

The median household income ($51,250) for 47024 is less than the median household income for 47331 ($51,868), 47036 ($92,927), 47240 ($71,682), 46173 ($61,320), 47012 ($77,917), 47030 ($61,210), Franklin County ($75,985), and Fayette County ($52,219). But it's more than Andersonville CDP ($39,236), Lake View CDP ($2,499), and Laurel town ($23,125).

47024	$51,250
Andersonville CDP	$39,236
Lake View CDP	$2,499
Laurel town	$23,125
Fayette County	$52,219
Franklin County	$75,985

47024 Average Household Income

The average household income ($62,850) for 47024 is less than the average household income for 47331 ($64,257), 47036 ($126,846), 47240 ($87,307), 46173 ($71,619), 47012 ($85,227), 47030 ($70,582), Franklin County ($89,486), and Fayette County ($64,529). But it's more than Andersonville CDP ($44,044), Lake View CDP ($-1), and Laurel town ($37,678).

47024	$62,850
Andersonville CDP	$44,044
Lake View CDP	$-1
Laurel town	$37,678
Fayette County	$64,529
Franklin County	$89,486

47024 Per-Capita Income

The per-capita income for 47024 is $25,740. The per capita income ($25,740) for 47024 is less than the per capita income for 47012 ($34,882), 47240 ($34,837), 47331 ($27,486), 46173 ($29,710), 47036 ($45,141), Franklin County ($36,246), and Fayette County ($27,435). But it's more than 47030 ($23,442), Andersonville CDP ($14,527), Lake View CDP ($-1), and Laurel town ($16,461).

47024	$25,740
Andersonville CDP	$14,527
Lake View CDP	$-1
Laurel town	$16,461
Fayette County	$27,435
Franklin County	$36,246

47024 High Income Households

1.1% of households make over $200,000 a year. The percent high income households (1.1%) for 47024 is more than 47331 (1.4%), 46173 (3.5%), 47012 (7.2%), 47030 (3.9%), 47036 (13.0%), 47240 (5.7%), Franklin County (6.7%), Fayette County (1.4%), Andersonville CDP (0.0%), Lake View CDP (0.0%), and Laurel town (0.4%).

47024	1.1%
Andersonville CDP	0.0%
Lake View CDP	0.0%
Laurel town	0.4%
Fayette County	1.4%
Franklin County	6.7%

47024 Median Household Income by Age of Householder

	under 25 years	25 to 44 years	45 to 64 years	65 years and over
47024	$-1	$52,841	$71,776	$30,262
Andersonville CDP	$-1	$39,757	$-1	$-1
Lake View CDP	$-1	$-1	$-1	$-1
Laurel town	$21,111	$33,393	$48,942	$18,958
Fayette County	$31,793	$63,337	$62,981	$45,033
Franklin County	$38,816	$89,506	$91,468	$44,419

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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 47024 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+
47024	+/-$13,609	+/-$7,656	+/-$2,960	+/-1.6%	+/-$-1	+/-$34,004	+/-$11,885	+/-$11,495
Andersonville CDP	+/-$20,405	+/-$16,702	+/-$3,971	+/-29.8%	+/-$-1	+/-$37,099	+/-$-1	+/-$-1
Lake View CDP	+/-$-1	+/-$-1	+/-$-1	+/-49.2%	+/-$-1	+/-$-1	+/-$-1	+/-$-1
Laurel town	+/-$8,096	+/-$7,552	+/-$3,345	+/-0.9%	+/-$2,810	+/-$32,180	+/-$18,015	+/-$5,134
Fayette County	+/-$4,087	+/-$3,114	+/-$1,314	+/-0.8%	+/-$18,169	+/-$6,126	+/-$5,651	+/-$7,531
Franklin County	+/-$4,420	+/-$5,579	+/-$2,474	+/-2.0%	+/-$33,318	+/-$5,683	+/-$2,645	+/-$5,905