40023 Income Statistics

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Comparison to Surrounding Areas

40023 Median Household Income

The median household income ($137,569) for 40023 is more than 40299 ($83,783), 40022 ($110,048), 40067 ($92,670), 40071 ($100,693), 40245 ($118,333), Jefferson County ($66,296), Shelby County ($81,012), Spencer County ($101,118), Elk Creek CDP ($131,172), and Louisville/Jefferson County metro government ($63,114).

40023	$137,569
Elk Creek CDP	$131,172
Louisville/Jefferson County metro government	$63,114
Jefferson County	$66,296
Shelby County	$81,012
Spencer County	$101,118

40023 Average Household Income

The average household income ($176,033) for 40023 is more than 40299 ($103,618), 40022 ($110,332), 40067 ($116,788), 40071 ($106,097), 40245 ($157,305), Jefferson County ($93,367), Shelby County ($100,473), Spencer County ($109,491), Elk Creek CDP ($153,276), and Louisville/Jefferson County metro government ($88,552).

40023	$176,033
Elk Creek CDP	$153,276
Louisville/Jefferson County metro government	$88,552
Jefferson County	$93,367
Shelby County	$100,473
Spencer County	$109,491

40023 Per-Capita Income

The per-capita income for 40023 is $63,282. The per capita income ($63,282) for 40023 is more than 40299 ($43,018), 40022 ($40,479), 40067 ($44,654), 40071 ($38,049), 40245 ($58,263), Jefferson County ($39,994), Shelby County ($37,918), Spencer County ($39,997), Elk Creek CDP ($48,870), and Louisville/Jefferson County metro government ($37,588).

40023	$63,282
Elk Creek CDP	$48,870
Louisville/Jefferson County metro government	$37,588
Jefferson County	$39,994
Shelby County	$37,918
Spencer County	$39,997

40023 High Income Households

19.0% of households make over $200,000 a year. The percent high income households (19.0%) for 40023 is more than 40299 (9.5%), 40022 (12.2%), 40067 (13.8%), 40071 (8.7%), 40245 (25.5%), Jefferson County (8.3%), Shelby County (9.0%), Spencer County (7.6%), Elk Creek CDP (12.4%), and Louisville/Jefferson County metro government (7.4%).

40023	19.0%
Elk Creek CDP	12.4%
Louisville/Jefferson County metro government	7.4%
Jefferson County	8.3%
Shelby County	9.0%
Spencer County	7.6%

40023 Median Household Income by Age of Householder

	under 25 years	25 to 44 years	45 to 64 years	65 years and over
40023	$-1	$142,292	$151,411	$72,102
Elk Creek CDP	$-1	$137,071	$133,906	$-1
Louisville/Jefferson County metro government	$38,272	$68,361	$75,591	$49,200
Jefferson County	$38,995	$72,042	$78,595	$51,675
Shelby County	$47,576	$96,207	$91,563	$52,853
Spencer County	$70,625	$119,444	$110,026	$58,306

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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 40023 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+
40023	+/-$22,111	+/-$25,864	+/-$9,295	+/-5.5%	+/-$-1	+/-$21,285	+/-$22,535	+/-$65,104
Elk Creek CDP	+/-$15,352	+/-$35,182	+/-$10,062	+/-6.7%	+/-$-1	+/-$13,431	+/-$26,129	+/-$-1
Louisville/Jefferson County metro government	+/-$993	+/-$1,537	+/-$651	+/-0.4%	+/-$3,059	+/-$1,590	+/-$1,573	+/-$1,650
Jefferson County	+/-$937	+/-$1,230	+/-$519	+/-0.3%	+/-$2,783	+/-$2,437	+/-$2,029	+/-$1,210
Shelby County	+/-$4,075	+/-$4,977	+/-$1,629	+/-1.4%	+/-$18,509	+/-$8,136	+/-$8,651	+/-$8,219
Spencer County	+/-$9,083	+/-$7,724	+/-$2,545	+/-2.5%	+/-$19,529	+/-$12,232	+/-$13,517	+/-$3,580