48240 Map

48240 Income Statistics

Is 48240 the right zip for your: marketing campaign, new business or development project?

Skip hours of searching and get the answers you need with our Income By Zip Code Lists. You'll get the most current and popular income data that businesses use to find their target customers.

  • Don't waste 40 high-value hours digging through the US Census Bureau's website
  • Up-to-date data
  • Easy to analyze
  • Invest your time in your new customers
Download an Income By Zip Code List
Comparison to Surrounding Areas

48240 Median Household Income

The median household income ($57,970) for 48240 is less than the median household income for 48152 ($89,019), 48154 ($103,763), 48239 ($69,373), 48336 ($85,325), Wayne County ($59,521), and Redford charter township ($67,044). But it's more than 48033 ($55,599), 48219 ($43,882), and Detroit city ($39,575).

48240$57,970
Redford charter township$67,044
Detroit city$39,575
Wayne County$59,521

48240 Average Household Income

The average household income ($71,578) for 48240 is less than the average household income for 48152 ($114,244), 48239 ($83,096), 48336 ($106,606), 48033 ($74,073), 48154 ($119,002), Wayne County ($83,852), and Redford charter township ($81,034). But it's more than 48219 ($56,968) and Detroit city ($56,528).

48240$71,578
Redford charter township$81,034
Detroit city$56,528
Wayne County$83,852

48240 Per-Capita Income

The per-capita income for 48240 is $29,738. The per capita income ($29,738) for 48240 is less than the per capita income for 48152 ($47,995), 48239 ($33,308), 48336 ($46,158), 48033 ($38,118), 48154 ($48,293), Wayne County ($33,956), and Redford charter township ($32,661). But it's more than 48219 ($23,892) and Detroit city ($24,029).

48240$29,738
Redford charter township$32,661
Detroit city$24,029
Wayne County$33,956

48240 High Income Households

2.9% of households make over $200,000 a year. The percent high income households (2.9%) for 48240 is less than the percent high income households for 48152 (11.4%), 48239 (4.8%), 48336 (11.5%), 48033 (4.8%), 48154 (12.1%), Wayne County (7.4%), and Redford charter township (4.4%). But it's more than 48219 (1.5%) and Detroit city (2.6%).

482402.9%
Redford charter township4.4%
Detroit city2.6%
Wayne County7.4%

48240 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
48240$-1$59,240$66,748$42,059
Redford charter township$37,315$72,391$78,876$44,878
Detroit city$29,241$41,915$40,124$36,940
Wayne County$35,468$62,839$70,750$47,920

Looking for a List of Zip Codes with Income?

Kristen with Spreadsheet in Laptop

If you value your time at $50 an hour, you could waste hundreds of dollars and many hours searching for data. Or you can work with the data experts at Cubit to make sure you get the most current demographics available from government data sources. All of our work comes with a 100% money-back guarantee.

Get all zip codes in a state or the entire US with data such as median household income.

Starting at $62.

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 48240 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+
48240+/-$5,659+/-$5,577+/-$2,047+/-1.7%+/-$-1+/-$5,527+/-$5,562+/-$4,847
Redford charter township+/-$3,267+/-$3,537+/-$1,205+/-1.2%+/-$21,452+/-$4,768+/-$6,615+/-$4,045
Detroit city+/-$938+/-$980+/-$396+/-0.2%+/-$4,180+/-$992+/-$1,574+/-$1,408
Wayne County+/-$559+/-$755+/-$277+/-0.2%+/-$1,954+/-$988+/-$1,141+/-$784