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50162 Income Statistics

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Comparison to Surrounding Areas

50162 Median Household Income

The median household income ($75,000) for 50162 is less than the median household income for 50120 ($133,333), 50234 ($80,000), 50247 ($86,250), and Melbourne city ($91,500). But it's more than 50028 ($73,235), 50141 ($71,932), 50158 ($68,322), 50208 ($57,274), Jasper County ($67,784), and Marshall County ($70,828).

50162$75,000
Melbourne city$91,500
Jasper County$67,784
Marshall County$70,828

50162 Average Household Income

The average household income ($92,213) for 50162 is less than the average household income for 50120 ($112,937), 50234 ($96,828), 50247 ($106,932), and Melbourne city ($99,330). But it's more than 50028 ($90,919), 50141 ($81,730), 50158 ($78,956), 50208 ($76,321), Jasper County ($87,626), and Marshall County ($82,035).

50162$92,213
Melbourne city$99,330
Jasper County$87,626
Marshall County$82,035

50162 Per-Capita Income

The per-capita income for 50162 is $37,502. The per capita income ($37,502) for 50162 is less than the per capita income for 50028 ($39,037), 50120 ($38,544), 50234 ($42,021), and 50247 ($41,604). But it's more than 50141 ($35,670), 50158 ($29,585), 50208 ($31,268), Jasper County ($35,346), Marshall County ($31,486), and Melbourne city ($35,613).

50162$37,502
Melbourne city$35,613
Jasper County$35,346
Marshall County$31,486

50162 High Income Households

6.0% of households make over $200,000 a year. The percent high income households (6.0%) for 50162 is more than 50247 (5.8%), 50158 (3.5%), 50208 (2.5%), 50234 (3.4%), 50028 (7.3%), 50120 (1.1%), 50141 (1.4%), Marshall County (3.6%), Jasper County (4.8%), and Melbourne city (4.4%).

501626.0%
Melbourne city4.4%
Jasper County4.8%
Marshall County3.6%

50162 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
50162$-1$63,368$103,047$78,750
Melbourne city$-1$105,833$72,500$75,625
Jasper County$46,205$80,263$76,779$51,069
Marshall County$64,911$77,625$87,146$47,557

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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 50162 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+
50162+/-$25,370+/-$12,911+/-$5,434+/-4.0%+/-$-1+/-$20,809+/-$11,382+/-$35,245
Melbourne city+/-$19,784+/-$10,323+/-$3,986+/-4.1%+/-$-1+/-$16,421+/-$26,426+/-$29,057
Jasper County+/-$3,012+/-$4,723+/-$1,694+/-0.9%+/-$9,146+/-$6,338+/-$5,179+/-$6,027
Marshall County+/-$2,981+/-$3,148+/-$1,140+/-0.8%+/-$4,175+/-$7,634+/-$6,213+/-$3,303