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40031 Income Statistics

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Comparison to Surrounding Areas

40031 Median Household Income

The median household income ($90,652) for 40031 is less than the median household income for 40010 ($137,344), 40014 ($116,176), 40026 ($132,300), Oldham County ($117,334), and Buckner CDP ($141,538). But it's more than 40055 ($81,366), 40068 ($73,929), 40077 ($82,500), Henry County ($58,294), and La Grange city ($72,265).

40031$90,652
Buckner CDP$141,538
La Grange city$72,265
Henry County$58,294
Oldham County$117,334

40031 Average Household Income

The average household income ($106,754) for 40031 is less than the average household income for 40010 ($134,167), 40014 ($147,914), 40026 ($185,179), 40068 ($112,468), Oldham County ($153,498), and Buckner CDP ($152,701). But it's more than 40055 ($91,941), 40077 ($82,183), Henry County ($75,226), and La Grange city ($89,242).

40031$106,754
Buckner CDP$152,701
La Grange city$89,242
Henry County$75,226
Oldham County$153,498

40031 Per-Capita Income

The per-capita income for 40031 is $35,168. The per capita income ($35,168) for 40031 is less than the per capita income for 40014 ($50,323), 40068 ($44,438), 40077 ($37,805), 40010 ($41,264), 40026 ($59,272), Oldham County ($50,534), and Buckner CDP ($49,671). But it's more than 40055 ($31,896), Henry County ($28,842), and La Grange city ($33,588).

40031$35,168
Buckner CDP$49,671
La Grange city$33,588
Henry County$28,842
Oldham County$50,534

40031 High Income Households

8.7% of households make over $200,000 a year. The percent high income households (8.7%) for 40031 is more than 40077 (3.9%), 40014 (24.9%), 40026 (28.7%), 40055 (3.1%), 40068 (13.0%), 40010 (21.5%), Oldham County (21.6%), Henry County (3.2%), Buckner CDP (24.3%), and La Grange city (4.6%).

400318.7%
Buckner CDP24.3%
La Grange city4.6%
Henry County3.2%
Oldham County21.6%

40031 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
40031$62,873$115,427$114,716$61,563
Buckner CDP$-1$124,722$195,357$85,595
La Grange city$63,084$83,889$89,107$45,385
Henry County$44,444$60,641$67,642$53,167
Oldham County$63,488$127,424$136,807$74,433

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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 40031 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+
40031+/-$6,412+/-$5,533+/-$1,734+/-1.8%+/-$54,811+/-$29,787+/-$15,382+/-$9,243
Buckner CDP+/-$12,011+/-$17,173+/-$5,794+/-9.6%+/-$-1+/-$28,414+/-$37,881+/-$26,650
La Grange city+/-$10,652+/-$7,466+/-$2,478+/-2.3%+/-$51,615+/-$31,087+/-$10,201+/-$16,752
Henry County+/-$4,742+/-$8,291+/-$2,795+/-1.2%+/-$25,803+/-$10,887+/-$9,085+/-$6,824
Oldham County+/-$3,920+/-$7,811+/-$1,855+/-1.7%+/-$27,082+/-$8,412+/-$9,421+/-$5,148