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08873 Income Statistics

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Comparison to Surrounding Areas

08873 Median Household Income

The median household income ($110,396) for 08873 is less than the median household income for 08844 ($153,091), 08540 ($161,018), 08807 ($153,743), 08854 ($123,236), Somerset County ($131,948), and Franklin township ($111,017). But it's more than 08835 ($85,925), 08880 ($92,625), 08823 ($104,314), 08890 ($-1), 08901 ($57,138), 08902 ($110,195), and 08805 ($82,200).

08873$110,396
Franklin township$111,017
Somerset County$131,948

08873 Average Household Income

The average household income ($138,751) for 08873 is less than the average household income for 08844 ($190,494), 08540 ($229,886), 08807 ($175,117), 08854 ($140,677), Somerset County ($180,078), and Franklin township ($139,787). But it's more than 08835 ($106,403), 08880 ($99,347), 08823 ($125,951), 08890 ($-1), 08901 ($81,409), 08902 ($134,237), and 08805 ($111,676).

08873$138,751
Franklin township$139,787
Somerset County$180,078

08873 Per-Capita Income

The per-capita income for 08873 is $54,560. The per capita income ($54,560) for 08873 is less than the per capita income for 08844 ($69,468), 08540 ($84,069), 08807 ($63,904), and Somerset County ($67,554). But it's more than 08854 ($41,562), 08835 ($44,248), 08880 ($39,845), 08823 ($49,371), 08890 ($29,797), 08901 ($23,707), 08902 ($50,041), 08805 ($44,550), and Franklin township ($54,479).

08873$54,560
Franklin township$54,479
Somerset County$67,554

08873 High Income Households

19.5% of households make over $200,000 a year. The percent high income households (19.5%) for 08873 is more than 08854 (20.5%), 08835 (14.1%), 08805 (13.5%), 08807 (35.8%), 08880 (4.0%), 08823 (16.2%), 08890 (100.0%), 08901 (7.4%), 08844 (37.2%), 08902 (16.5%), 08540 (39.9%), Somerset County (30.9%), and Franklin township (20.2%).

0887319.5%
Franklin township20.2%
Somerset County30.9%

08873 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
08873$52,464$115,813$134,253$85,812
Franklin township$52,813$117,587$131,616$84,282
Somerset County$52,882$132,460$167,637$86,289

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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 08873 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+
08873+/-$5,650+/-$7,807+/-$2,829+/-2.3%+/-$26,429+/-$5,706+/-$10,727+/-$9,489
Franklin township+/-$6,325+/-$6,662+/-$2,336+/-2.0%+/-$17,845+/-$5,893+/-$10,597+/-$9,517
Somerset County+/-$3,280+/-$3,710+/-$1,278+/-0.9%+/-$13,765+/-$5,722+/-$6,481+/-$4,688