04950 Map

04950 Income Statistics

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Comparison to Surrounding Areas

04950 Median Household Income

The median household income ($48,750) for 04950 is less than 04957 ($66,099), 04958 ($52,593), 04979 ($56,136), 04976 ($55,245), 04911 ($56,207), and Somerset County ($56,199). And it's the same as Madison town ($48,750).

04950$48,750
Madison town$48,750
Somerset County$56,199

04950 Average Household Income

The average household income ($63,222) for 04950 is less than 04957 ($115,171), 04958 ($68,839), 04979 ($73,528), 04976 ($68,224), 04911 ($73,480), and Somerset County ($72,900). And it's the same as Madison town ($63,222).

04950$63,222
Madison town$63,222
Somerset County$72,900

04950 Per-Capita Income

The per-capita income for 04950 is $30,469. The per capita income ($30,469) for 04950 is less than the per capita income for 04957 ($48,194), 04979 ($32,840), 04976 ($30,956), 04911 ($33,114), and Somerset County ($32,452). But it's more than 04958 ($29,564). And it's the same as Madison town ($30,469).

04950$30,469
Madison town$30,469
Somerset County$32,452

04950 High Income Households

1.1% of households make over $200,000 a year. The percent high income households (1.1%) for 04950 is less than 04957 (11.1%), 04958 (2.5%), 04979 (3.8%), 04976 (4.0%), 04911 (3.9%), and Somerset County (3.6%). And it's the same as Madison town (1.1%).

049501.1%
Madison town1.1%
Somerset County3.6%

04950 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
04950$-1$48,409$65,520$33,375
Madison town$-1$48,409$65,520$33,375
Somerset County$50,208$69,177$62,439$40,368

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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 2023 5-year estimates. You can find this information and other demographics for 04950 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 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+
04950+/-$18,994+/-$10,438+/-$4,961+/-1.8%+/-$-1+/-$37,882+/-$10,275+/-$12,789
Madison town+/-$18,994+/-$10,438+/-$4,961+/-1.8%+/-$-1+/-$37,882+/-$10,275+/-$12,789
Somerset County+/-$2,187+/-$4,853+/-$2,088+/-0.7%+/-$7,872+/-$6,023+/-$5,888+/-$4,389