44040 Income Statistics

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Comparison to Surrounding Areas

44040 Median Household Income

The median household income ($198,750) for 44040 is less than the median household income for Gates Mills village ($214,219). But it's more than 44143 ($73,428), 44026 ($101,133), 44094 ($75,794), 44124 ($75,255), 44022 ($149,841), Cuyahoga County ($60,074), Hunting Valley village ($176,875), and Mayfield village ($104,940).

44040	$198,750
Gates Mills village	$214,219
Hunting Valley village	$176,875
Mayfield village	$104,940
Cuyahoga County	$60,074

44040 Average Household Income

The average household income ($282,393) for 44040 is less than the average household income for Gates Mills village ($329,699) and Hunting Valley village ($401,836). But it's more than 44026 ($122,046), 44124 ($113,721), 44143 ($108,785), 44022 ($246,732), 44094 ($100,905), Cuyahoga County ($88,627), and Mayfield village ($127,960).

44040	$282,393
Gates Mills village	$329,699
Hunting Valley village	$401,836
Mayfield village	$127,960
Cuyahoga County	$88,627

44040 Per-Capita Income

The per-capita income for 44040 is $106,752. The per capita income ($106,752) for 44040 is less than the per capita income for Gates Mills village ($120,553) and Hunting Valley village ($151,681). But it's more than 44026 ($47,645), 44124 ($54,793), 44143 ($49,905), 44022 ($98,914), 44094 ($47,950), Cuyahoga County ($39,807), and Mayfield village ($55,271).

44040	$106,752
Gates Mills village	$120,553
Hunting Valley village	$151,681
Mayfield village	$55,271
Cuyahoga County	$39,807

44040 High Income Households

49.7% of households make over $200,000 a year. The percent high income households (49.7%) for 44040 is more than 44143 (12.1%), 44022 (35.7%), 44026 (14.2%), 44094 (10.4%), 44124 (11.3%), Cuyahoga County (7.9%), Gates Mills village (53.3%), Hunting Valley village (48.5%), and Mayfield village (19.5%).

44040	49.7%
Gates Mills village	53.3%
Hunting Valley village	48.5%
Mayfield village	19.5%
Cuyahoga County	7.9%

44040 Median Household Income by Age of Householder

	under 25 years	25 to 44 years	45 to 64 years	65 years and over
44040	$-1	$190,938	$250,001	$142,292
Gates Mills village	$-1	$212,656	$250,001	$188,000
Hunting Valley village	$-1	$250,001	$250,001	$172,969
Mayfield village	$-1	$95,543	$159,191	$62,000
Cuyahoga County	$33,821	$66,350	$71,854	$47,086

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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 44040 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+
44040	+/-$64,618	+/-$48,698	+/-$13,609	+/-11.0%	+/-$-1	+/-$55,757	+/-$-1	+/-$18,803
Gates Mills village	+/-$49,886	+/-$63,928	+/-$18,440	+/-7.4%	+/-$-1	+/-$59,449	+/-$-1	+/-$81,376
Hunting Valley village	+/-$114,553	+/-$98,536	+/-$34,683	+/-15.3%	+/-$-1	+/-$-1	+/-$-1	+/-$54,807
Mayfield village	+/-$30,479	+/-$19,271	+/-$7,449	+/-11.1%	+/-$-1	+/-$34,028	+/-$45,867	+/-$39,845
Cuyahoga County	+/-$699	+/-$907	+/-$391	+/-0.2%	+/-$2,232	+/-$1,533	+/-$1,227	+/-$974