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40050 Income Statistics

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Comparison to Surrounding Areas

40050 Median Household Income

The median household income ($43,571) for 40050 is less than the median household income for 40011 ($54,688), 40019 ($57,050), 40057 ($61,502), 40068 ($73,929), 40070 ($43,611), and Henry County ($58,294). But it's more than 40058 ($31,438) and New Castle city ($38,594).

40050$43,571
New Castle city$38,594
Henry County$58,294

40050 Average Household Income

The average household income ($63,885) for 40050 is less than the average household income for 40019 ($90,371), 40057 ($72,648), 40068 ($112,468), 40070 ($89,508), and Henry County ($75,226). But it's more than 40011 ($63,026), 40058 ($32,378), and New Castle city ($51,746).

40050$63,885
New Castle city$51,746
Henry County$75,226

40050 Per-Capita Income

The per-capita income for 40050 is $27,269. The per capita income ($27,269) for 40050 is less than the per capita income for 40019 ($31,971), 40057 ($27,602), 40068 ($44,438), 40070 ($32,356), and Henry County ($28,842). But it's more than 40011 ($24,906), 40058 ($21,855), and New Castle city ($26,450).

40050$27,269
New Castle city$26,450
Henry County$28,842

40050 High Income Households

1.2% of households make over $200,000 a year. The percent high income households (1.2%) for 40050 is more than 40070 (10.1%), 40058 (0.0%), 40068 (13.0%), 40011 (1.3%), 40019 (4.9%), 40057 (2.1%), Henry County (3.2%), and New Castle city (2.2%).

400501.2%
New Castle city2.2%
Henry County3.2%

40050 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
40050$57,656$135,060$-1$37,731
New Castle city$-1$62,500$32,250$30,000
Henry County$44,444$60,641$67,642$53,167

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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 40050 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+
40050+/-$19,356+/-$15,715+/-$4,666+/-1.4%+/-$16,704+/-$69,091+/-$-1+/-$9,513
New Castle city+/-$11,415+/-$7,227+/-$3,253+/-2.4%+/-$-1+/-$18,571+/-$16,990+/-$12,385
Henry County+/-$4,742+/-$8,291+/-$2,795+/-1.2%+/-$25,803+/-$10,887+/-$9,085+/-$6,824