47340 Map

47340 Income Statistics

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Comparison to Surrounding Areas

47340 Median Household Income

The median household income ($61,146) for 47340 is less than the median household income for 47320 ($68,244), 47358 ($75,729), 47368 ($69,936), and 47394 ($66,335). But it's more than 47373 ($49,199), 47380 ($55,278), Randolph County ($61,121), Fairview CDP ($-1), and Farmland town ($41,516).

47340$61,146
Fairview CDP$-1
Farmland town$41,516
Randolph County$61,121

47340 Average Household Income

The average household income ($76,444) for 47340 is less than the average household income for 47358 ($77,799) and 47394 ($83,640). But it's more than 47320 ($72,352), 47368 ($75,398), 47373 ($61,344), 47380 ($72,798), Randolph County ($74,024), Fairview CDP ($64,507), and Farmland town ($51,877).

47340$76,444
Fairview CDP$64,507
Farmland town$51,877
Randolph County$74,024

47340 Per-Capita Income

The per-capita income for 47340 is $31,329. The per capita income ($31,329) for 47340 is less than the per capita income for 47358 ($31,766), 47394 ($33,499), and Fairview CDP ($33,585). But it's more than 47320 ($31,222), 47368 ($30,605), 47373 ($22,441), 47380 ($30,900), Randolph County ($31,036), and Farmland town ($22,461).

47340$31,329
Fairview CDP$33,585
Farmland town$22,461
Randolph County$31,036

47340 High Income Households

2.8% of households make over $200,000 a year. The percent high income households (2.8%) for 47340 is less than the percent high income households for 47368 (4.1%), 47373 (3.1%), 47380 (4.3%), 47394 (5.7%), and Randolph County (3.3%). But it's more than 47320 (1.6%), 47358 (1.1%), Fairview CDP (0.0%), and Farmland town (1.3%).

473402.8%
Fairview CDP0.0%
Farmland town1.3%
Randolph County3.3%

47340 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
47340$41,518$72,321$79,464$42,898
Fairview CDP$-1$-1$-1$-1
Farmland town$41,518$33,500$64,063$41,146
Randolph County$41,833$71,368$71,036$43,663

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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 2023 5-year estimates. You can find this information and other demographics for 47340 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 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+
47340+/-$8,601+/-$8,276+/-$3,086+/-2.6%+/-$840+/-$38,637+/-$38,257+/-$8,846
Fairview CDP+/-$-1+/-$33,242+/-$15,275+/-34.5%+/-$-1+/-$-1+/-$-1+/-$-1
Farmland town+/-$2,044+/-$6,454+/-$2,929+/-1.6%+/-$840+/-$9,601+/-$20,142+/-$2,862
Randolph County+/-$4,084+/-$3,994+/-$1,628+/-0.9%+/-$13,620+/-$3,832+/-$7,255+/-$3,881