47305 Map

47305 Income Statistics

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Comparison to Surrounding Areas

47305 Median Household Income

The median household income ($29,345) for 47305 is less than 47302 ($44,362), 47303 ($38,355), 47304 ($64,368), Delaware County ($53,377), and Muncie city ($40,309).

47305$29,345
Muncie city$40,309
Delaware County$53,377

47305 Average Household Income

The average household income ($48,670) for 47305 is less than 47302 ($55,105), 47303 ($57,790), 47304 ($79,456), Delaware County ($68,286), and Muncie city ($55,010).

47305$48,670
Muncie city$55,010
Delaware County$68,286

47305 Per-Capita Income

The per-capita income for 47305 is $27,122. The per capita income ($27,122) for 47305 is less than the per capita income for 47304 ($34,693) and Delaware County ($28,874). But it's more than 47302 ($24,239), 47303 ($24,756), and Muncie city ($23,415).

47305$27,122
Muncie city$23,415
Delaware County$28,874

47305 High Income Households

0.5% of households make over $200,000 a year. The percent high income households (0.5%) for 47305 is more than 47302 (1.8%), 47303 (2.9%), 47304 (4.6%), Delaware County (3.4%), and Muncie city (1.9%).

473050.5%
Muncie city1.9%
Delaware County3.4%

47305 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
47305$42,520$31,306$21,875$28,505
Muncie city$23,696$46,645$51,865$41,466
Delaware County$24,302$58,729$67,049$48,444

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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 47305 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+
47305+/-$3,523+/-$20,944+/-$11,652+/-0.8%+/-$32,398+/-$4,652+/-$20,368+/-$7,422
Muncie city+/-$2,379+/-$2,318+/-$946+/-0.7%+/-$1,058+/-$4,802+/-$4,873+/-$3,757
Delaware County+/-$2,357+/-$2,182+/-$878+/-0.6%+/-$1,216+/-$3,211+/-$4,205+/-$3,676