28040 Map

28040 Income Statistics

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Comparison to Surrounding Areas

28040 Median Household Income

The median household income ($55,634) for 28040 is less than the median household income for 28114 ($56,034) and Caroleen CDP ($73,198). But it's more than 28150 ($46,931), 28020 ($36,958), 28043 ($43,770), 28090 ($48,275), 28018 ($55,188), 28019 ($-1), Rutherford County ($50,512), Cleveland County ($50,723), and Ellenboro town ($47,727).

28040$55,634
Caroleen CDP$73,198
Ellenboro town$47,727
Cleveland County$50,723
Rutherford County$50,512

28040 Average Household Income

The average household income ($69,274) for 28040 is less than the average household income for 28018 ($73,347), 28090 ($69,511), 28114 ($71,261), Cleveland County ($70,141), and Rutherford County ($69,897). But it's more than 28019 ($-1), 28020 ($62,145), 28043 ($65,204), 28150 ($67,014), Caroleen CDP ($61,902), and Ellenboro town ($58,860).

28040$69,274
Caroleen CDP$61,902
Ellenboro town$58,860
Cleveland County$70,141
Rutherford County$69,897

28040 Per-Capita Income

The per-capita income for 28040 is $28,591. The per capita income ($28,591) for 28040 is less than the per capita income for 28018 ($33,030), 28150 ($29,905), Rutherford County ($28,873), and Caroleen CDP ($29,038). But it's more than 28020 ($21,935), 28090 ($26,233), 28114 ($26,068), 28019 ($-1), 28043 ($25,637), Cleveland County ($27,522), and Ellenboro town ($19,827).

28040$28,591
Caroleen CDP$29,038
Ellenboro town$19,827
Cleveland County$27,522
Rutherford County$28,873

28040 High Income Households

3.5% of households make over $200,000 a year. The percent high income households (3.5%) for 28040 is more than 28150 (4.7%), 28020 (3.1%), 28043 (4.3%), 28090 (4.3%), 28114 (1.0%), 28018 (2.0%), 28019 (-1.0%), Rutherford County (4.1%), Cleveland County (4.0%), Caroleen CDP (0.0%), and Ellenboro town (1.0%).

280403.5%
Caroleen CDP0.0%
Ellenboro town1.0%
Cleveland County4.0%
Rutherford County4.1%

28040 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
28040$64,803$58,224$66,375$42,721
Caroleen CDP$-1$-1$89,643$56,250
Ellenboro town$80,385$45,556$74,688$41,500
Cleveland County$37,917$50,538$62,237$38,635
Rutherford County$51,524$58,777$58,601$40,606

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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 28040 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+
28040+/-$8,247+/-$8,638+/-$3,597+/-2.5%+/-$29,258+/-$11,137+/-$21,619+/-$15,874
Caroleen CDP+/-$53,060+/-$17,326+/-$8,383+/-23.0%+/-$-1+/-$-1+/-$72,462+/-$54,894
Ellenboro town+/-$30,279+/-$10,164+/-$4,159+/-1.5%+/-$11,274+/-$19,651+/-$46,164+/-$30,853
Cleveland County+/-$2,733+/-$2,902+/-$1,121+/-0.9%+/-$7,298+/-$5,594+/-$5,196+/-$5,795
Rutherford County+/-$3,085+/-$2,901+/-$1,179+/-0.8%+/-$17,562+/-$4,901+/-$3,305+/-$4,153