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%).

28040	3.5%
Caroleen CDP	0.0%
Ellenboro town	1.0%
Cleveland County	4.0%
Rutherford County	4.1%

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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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
	Median Household Income	Average Household Income	Per Capita Income	High Income Households	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