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40342 Income Statistics

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Comparison to Surrounding Areas

40342 Median Household Income

The median household income ($70,132) for 40342 is less than the median household income for 40012 ($79,138), 40046 ($75,441), 40076 ($78,571), 40372 ($79,474), and 40383 ($78,548). But it's more than 40008 ($62,500), 40078 ($53,125), 40330 ($59,211), 40601 ($63,296), Anderson County ($69,885), and Lawrenceburg city ($58,935).

40342$70,132
Lawrenceburg city$58,935
Anderson County$69,885

40342 Average Household Income

The average household income ($85,827) for 40342 is less than the average household income for 40012 ($93,639), 40383 ($93,573), 40601 ($86,232), and Anderson County ($85,850). But it's more than 40076 ($85,440), 40008 ($75,153), 40046 ($81,538), 40372 ($81,699), 40078 ($68,549), 40330 ($70,571), and Lawrenceburg city ($73,321).

40342$85,827
Lawrenceburg city$73,321
Anderson County$85,850

40342 Per-Capita Income

The per-capita income for 40342 is $33,401. The per capita income ($33,401) for 40342 is less than the per capita income for 40046 ($34,530), 40383 ($37,939), 40601 ($38,293), and Anderson County ($33,513). But it's more than 40076 ($30,945), 40008 ($31,837), 40012 ($25,212), 40372 ($30,744), 40078 ($23,571), 40330 ($30,333), and Lawrenceburg city ($27,497).

40342$33,401
Lawrenceburg city$27,497
Anderson County$33,513

40342 High Income Households

5.2% of households make over $200,000 a year. The percent high income households (5.2%) for 40342 is more than 40601 (5.6%), 40372 (2.4%), 40383 (7.6%), 40008 (6.1%), 40012 (10.5%), 40046 (1.7%), 40076 (3.8%), 40078 (6.5%), 40330 (2.7%), Anderson County (5.3%), and Lawrenceburg city (1.9%).

403425.2%
Lawrenceburg city1.9%
Anderson County5.3%

40342 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
40342$46,818$74,970$79,391$49,349
Lawrenceburg city$54,886$72,500$57,431$44,830
Anderson County$46,818$75,250$78,797$49,058

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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 40342 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+
40342+/-$6,480+/-$6,626+/-$2,428+/-1.9%+/-$11,268+/-$7,067+/-$11,232+/-$7,508
Lawrenceburg city+/-$5,390+/-$7,645+/-$2,613+/-1.6%+/-$16,228+/-$24,226+/-$22,139+/-$8,626
Anderson County+/-$6,667+/-$6,555+/-$2,409+/-1.9%+/-$11,268+/-$7,495+/-$10,184+/-$7,152