40351 Income Statistics

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Comparison to Surrounding Areas

40351 Median Household Income

The median household income ($49,339) for 40351 is less than the median household income for 40313 ($51,260), 40322 ($53,750), 41164 ($50,940), Rowan County ($50,038), and Lakeview Heights city ($76,964). But it's more than 41472 ($46,917), 41093 ($41,833), 41171 ($35,563), 41179 ($35,017), 40371 ($44,091), 40387 ($39,796), 41049 ($47,574), Elliott County ($39,469), Farmers CDP ($-1), and Morehead city ($32,020).

40351	$49,339
Farmers CDP	$-1
Lakeview Heights city	$76,964
Morehead city	$32,020
Elliott County	$39,469
Rowan County	$50,038

40351 Average Household Income

The average household income ($73,199) for 40351 is less than the average household income for 40313 ($83,153), Rowan County ($75,092), Lakeview Heights city ($90,098), and Morehead city ($76,903). But it's more than 41472 ($68,143), 41171 ($48,641), 41179 ($51,572), 40322 ($59,180), 40371 ($63,404), 40387 ($55,010), 41049 ($63,153), 41093 ($70,358), 41164 ($69,164), Elliott County ($51,370), and Farmers CDP ($-1).

40351	$73,199
Farmers CDP	$-1
Lakeview Heights city	$90,098
Morehead city	$76,903
Elliott County	$51,370
Rowan County	$75,092

40351 Per-Capita Income

The per-capita income for 40351 is $27,826. The per capita income ($27,826) for 40351 is less than the per capita income for 40313 ($31,217), Rowan County ($28,578), and Lakeview Heights city ($34,124). But it's more than 41472 ($23,030), 41164 ($27,034), 41171 ($15,611), 41179 ($21,162), 40322 ($23,546), 40371 ($24,296), 40387 ($24,015), 41049 ($27,217), 41093 ($27,074), Elliott County ($17,242), Farmers CDP ($11,876), and Morehead city ($23,049).

40351	$27,826
Farmers CDP	$11,876
Lakeview Heights city	$34,124
Morehead city	$23,049
Elliott County	$17,242
Rowan County	$28,578

40351 High Income Households

4.4% of households make over $200,000 a year. The percent high income households (4.4%) for 40351 is more than 41472 (2.8%), 41049 (1.2%), 41093 (3.7%), 41164 (1.7%), 41171 (0.1%), 41179 (1.6%), 40313 (9.9%), 40322 (0.0%), 40371 (0.3%), 40387 (1.0%), Rowan County (5.2%), Elliott County (0.5%), Farmers CDP (0.0%), Lakeview Heights city (3.3%), and Morehead city (4.4%).

40351	4.4%
Farmers CDP	0.0%
Lakeview Heights city	3.3%
Morehead city	4.4%
Elliott County	0.5%
Rowan County	5.2%

40351 Median Household Income by Age of Householder

	under 25 years	25 to 44 years	45 to 64 years	65 years and over
40351	$21,969	$60,785	$57,875	$36,375
Farmers CDP	$-1	$-1	$-1	$-1
Lakeview Heights city	$-1	$76,250	$94,688	$47,083
Morehead city	$17,863	$57,917	$72,404	$-1
Elliott County	$55,833	$71,408	$43,500	$29,398
Rowan County	$24,338	$60,128	$60,173	$34,112

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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 40351 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+
40351	+/-$4,504	+/-$10,745	+/-$4,040	+/-2.4%	+/-$8,817	+/-$4,759	+/-$12,606	+/-$19,122
Farmers CDP	+/-$-1	+/-$-1	+/-$281	+/-100.0%	+/-$-1	+/-$-1	+/-$-1	+/-$-1
Lakeview Heights city	+/-$19,146	+/-$17,872	+/-$5,821	+/-3.9%	+/-$-1	+/-$39,053	+/-$29,489	+/-$46,301
Morehead city	+/-$10,115	+/-$30,852	+/-$8,629	+/-3.3%	+/-$11,416	+/-$35,822	+/-$17,245	+/-$-1
Elliott County	+/-$6,812	+/-$4,575	+/-$1,773	+/-0.6%	+/-$52,157	+/-$7,878	+/-$11,797	+/-$6,109
Rowan County	+/-$3,852	+/-$9,952	+/-$3,770	+/-2.0%	+/-$10,292	+/-$5,726	+/-$11,303	+/-$13,901