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49242 Income Statistics

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Comparison to Surrounding Areas

49242 Median Household Income

The median household income ($56,803) for 49242 is less than the median household income for 49250 ($60,069), 49266 ($63,801), Hillsdale County ($59,425), Cambria township ($66,397), Fayette township ($69,375), Hillsdale township ($86,250), Jefferson township ($61,534), Ransom township ($67,019), Reading township ($65,313), Wheatland township ($68,466), Woodbridge township ($60,833), Allen township ($59,083), and Adams township ($59,722). But it's more than 49227 ($52,171), 49232 ($53,203), 49262 ($46,042), 49271 ($51,765), 49274 ($55,333), and Hillsdale city ($47,205).

49242$56,803
Hillsdale city$47,205
Adams township$59,722
Allen township$59,083
Cambria township$66,397
Fayette township$69,375
Hillsdale township$86,250
Jefferson township$61,534
Ransom township$67,019
Reading township$65,313
Wheatland township$68,466
Woodbridge township$60,833
Hillsdale County$59,425

49242 Average Household Income

The average household income ($73,744) for 49242 is less than the average household income for 49227 ($74,194), 49266 ($74,000), Hillsdale County ($75,959), Cambria township ($75,643), Fayette township ($90,630), Hillsdale township ($112,332), Ransom township ($77,182), Reading township ($81,090), Wheatland township ($89,423), Allen township ($76,141), and Adams township ($74,146). But it's more than 49274 ($70,566), 49250 ($71,207), 49262 ($71,440), 49271 ($69,800), 49232 ($66,111), Woodbridge township ($65,491), Hillsdale city ($60,005), and Jefferson township ($69,541).

49242$73,744
Hillsdale city$60,005
Adams township$74,146
Allen township$76,141
Cambria township$75,643
Fayette township$90,630
Hillsdale township$112,332
Jefferson township$69,541
Ransom township$77,182
Reading township$81,090
Wheatland township$89,423
Woodbridge township$65,491
Hillsdale County$75,959

49242 Per-Capita Income

The per-capita income for 49242 is $28,946. The per capita income ($28,946) for 49242 is less than the per capita income for 49262 ($29,837), 49266 ($31,088), Hillsdale County ($30,409), Fayette township ($35,949), Hillsdale township ($43,735), Jefferson township ($32,691), Ransom township ($29,891), Reading township ($36,030), Wheatland township ($37,699), Cambria township ($34,455), and Adams township ($30,504). But it's more than 49274 ($28,196), 49232 ($23,701), 49250 ($28,607), 49271 ($28,757), 49227 ($27,965), Woodbridge township ($22,046), Hillsdale city ($22,339), and Allen township ($28,219).

49242$28,946
Hillsdale city$22,339
Adams township$30,504
Allen township$28,219
Cambria township$34,455
Fayette township$35,949
Hillsdale township$43,735
Jefferson township$32,691
Ransom township$29,891
Reading township$36,030
Wheatland township$37,699
Woodbridge township$22,046
Hillsdale County$30,409

49242 High Income Households

4.2% of households make over $200,000 a year. The percent high income households (4.2%) for 49242 is more than 49227 (1.1%), 49274 (2.7%), 49271 (3.6%), 49266 (1.5%), 49262 (2.2%), 49250 (2.5%), 49232 (2.2%), Hillsdale County (4.0%), Reading township (4.3%), Wheatland township (6.9%), Woodbridge township (1.9%), Hillsdale city (1.6%), Ransom township (2.0%), Jefferson township (1.9%), Hillsdale township (14.9%), Fayette township (4.7%), Cambria township (1.6%), Allen township (0.8%), and Adams township (2.9%).

492424.2%
Hillsdale city1.6%
Adams township2.9%
Allen township0.8%
Cambria township1.6%
Fayette township4.7%
Hillsdale township14.9%
Jefferson township1.9%
Ransom township2.0%
Reading township4.3%
Wheatland township6.9%
Woodbridge township1.9%
Hillsdale County4.0%

49242 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
49242$56,250$57,986$65,025$50,000
Hillsdale city$55,507$47,946$49,966$40,337
Adams township$-1$66,875$69,583$50,972
Allen township$50,417$55,938$67,885$52,361
Cambria township$-1$78,162$89,167$50,391
Fayette township$-1$72,054$105,625$37,500
Hillsdale township$45,938$131,875$98,083$69,375
Jefferson township$-1$54,224$80,679$43,125
Ransom township$-1$71,023$94,063$38,365
Reading township$-1$59,444$80,402$55,000
Wheatland township$-1$-1$78,472$51,532
Woodbridge township$-1$65,163$52,344$59,531
Hillsdale County$50,909$65,428$68,352$48,204

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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 49242 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+
49242+/-$4,123+/-$4,327+/-$1,637+/-2.1%+/-$14,692+/-$9,639+/-$7,243+/-$5,932
Hillsdale city+/-$3,276+/-$4,221+/-$1,884+/-1.0%+/-$20,734+/-$8,901+/-$9,993+/-$5,455
Adams township+/-$5,514+/-$6,467+/-$2,487+/-1.9%+/-$-1+/-$25,664+/-$41,251+/-$10,057
Allen township+/-$6,777+/-$8,938+/-$4,112+/-1.1%+/-$30,168+/-$18,363+/-$7,618+/-$18,777
Cambria township+/-$11,503+/-$9,399+/-$4,733+/-1.4%+/-$-1+/-$20,881+/-$18,025+/-$7,063
Fayette township+/-$13,312+/-$16,430+/-$7,006+/-3.2%+/-$-1+/-$65,558+/-$37,757+/-$20,345
Hillsdale township+/-$22,109+/-$16,017+/-$5,456+/-11.0%+/-$5,610+/-$53,532+/-$13,181+/-$20,486
Jefferson township+/-$7,286+/-$7,868+/-$3,533+/-2.1%+/-$-1+/-$19,036+/-$16,143+/-$20,794
Ransom township+/-$13,387+/-$9,878+/-$6,135+/-1.9%+/-$-1+/-$9,753+/-$22,169+/-$2,501
Reading township+/-$11,298+/-$9,001+/-$4,252+/-2.9%+/-$-1+/-$20,217+/-$18,153+/-$21,987
Wheatland township+/-$15,791+/-$16,649+/-$6,855+/-5.0%+/-$-1+/-$-1+/-$20,931+/-$20,709
Woodbridge township+/-$12,061+/-$8,609+/-$3,737+/-1.7%+/-$-1+/-$21,803+/-$18,031+/-$17,234
Hillsdale County+/-$2,360+/-$2,981+/-$1,066+/-1.0%+/-$14,147+/-$8,817+/-$2,826+/-$2,496