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51240 Map

51240 Income Statistics

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Comparison to Surrounding Areas

51240 Median Household Income

The median household income ($86,875) for 51240 is less than the median household income for 51241 ($97,788) and 57027 ($118,750). But it's more than 51230 ($71,316), 51235 ($63,676), 51247 ($65,403), 57013 ($79,559), Sioux County ($81,914), Lyon County ($73,735), and Inwood city ($59,632).

51240$86,875
Inwood city$59,632
Lyon County$73,735
Sioux County$81,914

51240 Average Household Income

The average household income ($82,850) for 51240 is less than the average household income for 51241 ($104,423), 57013 ($101,440), 57027 ($100,246), 51235 ($106,303), 51247 ($88,912), Sioux County ($98,083), and Lyon County ($89,292). But it's more than 51230 ($71,898) and Inwood city ($69,398).

51240$82,850
Inwood city$69,398
Lyon County$89,292
Sioux County$98,083

51240 Per-Capita Income

The per-capita income for 51240 is $33,310. The per capita income ($33,310) for 51240 is less than the per capita income for 51241 ($37,923), 57013 ($44,627), 57027 ($44,701), 51235 ($36,219), 51247 ($33,793), Sioux County ($34,914), and Lyon County ($33,428). But it's more than 51230 ($25,251) and Inwood city ($29,360).

51240$33,310
Inwood city$29,360
Lyon County$33,428
Sioux County$34,914

51240 High Income Households

3.3% of households make over $200,000 a year. The percent high income households (3.3%) for 51240 is more than 57027 (4.4%), 51241 (4.2%), 51247 (5.9%), 57013 (5.9%), 51230 (1.0%), 51235 (10.4%), Sioux County (7.9%), Lyon County (5.1%), and Inwood city (0.6%).

512403.3%
Inwood city0.6%
Lyon County5.1%
Sioux County7.9%

51240 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
51240$93,333$77,895$89,273$-1
Inwood city$93,333$60,833$90,625$27,093
Lyon County$61,607$83,125$89,684$43,144
Sioux County$44,592$92,014$98,949$55,325

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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 51240 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+
51240+/-$22,748+/-$8,463+/-$4,121+/-4.2%+/-$41,925+/-$16,247+/-$6,083+/-$-1
Inwood city+/-$14,294+/-$8,360+/-$3,599+/-0.9%+/-$41,925+/-$21,324+/-$44,315+/-$9,001
Lyon County+/-$4,042+/-$5,875+/-$2,064+/-1.8%+/-$12,359+/-$8,789+/-$7,775+/-$6,822
Sioux County+/-$3,176+/-$3,665+/-$1,088+/-1.4%+/-$11,814+/-$8,025+/-$9,925+/-$4,248