45887 Income Statistics

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Comparison to Surrounding Areas

45887 Median Household Income

The median household income ($59,484) for 45887 is less than the median household income for 45895 ($73,651), 45833 ($66,826), 45885 ($72,714), 45894 ($77,813), 45806 ($78,258), 45807 ($72,104), Mercer County ($73,278), Van Wert County ($64,841), and Auglaize County ($75,231). But it's more than 45862 ($41,719), Allen County ($58,976), and Spencerville village ($40,455).

45887	$59,484
Spencerville village	$40,455
Allen County	$58,976
Auglaize County	$75,231
Mercer County	$73,278
Van Wert County	$64,841

45887 Average Household Income

The average household income ($68,533) for 45887 is less than the average household income for 45895 ($87,539), 45807 ($95,640), 45833 ($77,099), 45885 ($78,515), 45894 ($69,783), 45806 ($98,799), Auglaize County ($90,018), Mercer County ($87,555), Van Wert County ($76,259), and Allen County ($76,592). But it's more than 45862 ($58,661) and Spencerville village ($49,225).

45887	$68,533
Spencerville village	$49,225
Allen County	$76,592
Auglaize County	$90,018
Mercer County	$87,555
Van Wert County	$76,259

45887 Per-Capita Income

The per-capita income for 45887 is $27,828. The per capita income ($27,828) for 45887 is less than the per capita income for 45895 ($35,531), 45833 ($33,753), 45862 ($28,191), 45885 ($33,818), 45894 ($28,868), 45806 ($40,280), 45807 ($40,347), Auglaize County ($36,849), Mercer County ($33,892), Van Wert County ($31,831), and Allen County ($31,523). But it's more than Spencerville village ($20,290).

45887	$27,828
Spencerville village	$20,290
Allen County	$31,523
Auglaize County	$36,849
Mercer County	$33,892
Van Wert County	$31,831

45887 High Income Households

1.4% of households make over $200,000 a year. The percent high income households (1.4%) for 45887 is more than 45895 (5.2%), 45807 (5.7%), 45833 (1.8%), 45862 (4.8%), 45885 (2.2%), 45894 (2.2%), 45806 (8.0%), Auglaize County (5.5%), Mercer County (3.7%), Van Wert County (2.6%), Allen County (3.7%), and Spencerville village (0.0%).

45887	1.4%
Spencerville village	0.0%
Allen County	3.7%
Auglaize County	5.5%
Mercer County	3.7%
Van Wert County	2.6%

45887 Median Household Income by Age of Householder

	under 25 years	25 to 44 years	45 to 64 years	65 years and over
45887	$66,250	$69,050	$59,886	$48,295
Spencerville village	$65,000	$58,125	$24,365	$31,477
Allen County	$45,083	$71,178	$71,408	$43,164
Auglaize County	$57,480	$88,810	$94,159	$47,583
Mercer County	$53,098	$94,849	$86,048	$47,108
Van Wert County	$48,167	$80,290	$72,173	$50,039

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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 45887 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+
45887	+/-$6,308	+/-$8,277	+/-$3,089	+/-1.7%	+/-$11,539	+/-$11,496	+/-$18,294	+/-$12,900
Spencerville village	+/-$21,060	+/-$7,995	+/-$2,551	+/-4.0%	+/-$26,552	+/-$6,789	+/-$21,435	+/-$6,835
Allen County	+/-$2,172	+/-$2,093	+/-$788	+/-0.6%	+/-$5,492	+/-$3,955	+/-$4,718	+/-$1,716
Auglaize County	+/-$2,795	+/-$2,795	+/-$1,150	+/-1.1%	+/-$12,510	+/-$5,363	+/-$3,241	+/-$3,276
Mercer County	+/-$3,276	+/-$3,916	+/-$1,500	+/-0.9%	+/-$11,389	+/-$7,664	+/-$9,142	+/-$3,764
Van Wert County	+/-$3,528	+/-$3,029	+/-$1,222	+/-0.8%	+/-$6,443	+/-$6,144	+/-$4,963	+/-$5,124