78950 Income Statistics

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Comparison to Surrounding Areas

78950 Median Household Income

The median household income ($98,391) for 78950 is less than the median household income for 78944 ($119,038). But it's more than 78940 ($86,604), 77833 ($63,474), 78933 ($68,125), 78934 ($64,375), 78935 ($-1), 77418 ($79,444), Colorado County ($63,352), Fayette County ($72,881), Austin County ($73,556), and New Ulm CDP ($86,902).

78950	$98,391
New Ulm CDP	$86,902
Austin County	$73,556
Colorado County	$63,352
Fayette County	$72,881

78950 Average Household Income

The average household income ($94,643) for 78950 is less than the average household income for 78933 ($100,746), 78940 ($101,376), 78944 ($116,642), 77418 ($98,366), 78934 ($113,313), Fayette County ($95,174), and New Ulm CDP ($98,538). But it's more than 77833 ($94,168), 78935 ($86,736), Austin County ($92,446), and Colorado County ($88,293).

78950	$94,643
New Ulm CDP	$98,538
Austin County	$92,446
Colorado County	$88,293
Fayette County	$95,174

78950 Per-Capita Income

The per-capita income for 78950 is $40,751. The per capita income ($40,751) for 78950 is less than the per capita income for 78933 ($40,969), 78934 ($48,492), 78935 ($53,991), 78940 ($45,152), and 78944 ($55,461). But it's more than 77418 ($37,490), 77833 ($37,142), Austin County ($36,399), Colorado County ($35,002), Fayette County ($37,849), and New Ulm CDP ($33,621).

78950	$40,751
New Ulm CDP	$33,621
Austin County	$36,399
Colorado County	$35,002
Fayette County	$37,849

78950 High Income Households

4.6% of households make over $200,000 a year. The percent high income households (4.6%) for 78950 is more than 78944 (11.9%), 78933 (21.0%), 78934 (9.6%), 78935 (3.4%), 78940 (7.9%), 77418 (11.7%), 77833 (8.0%), Colorado County (6.8%), Fayette County (7.2%), Austin County (9.8%), and New Ulm CDP (0.0%).

78950	4.6%
New Ulm CDP	0.0%
Austin County	9.8%
Colorado County	6.8%
Fayette County	7.2%

78950 Median Household Income by Age of Householder

	under 25 years	25 to 44 years	45 to 64 years	65 years and over
78950	$-1	$99,635	$103,074	$73,255
New Ulm CDP	$-1	$-1	$-1	$85,978
Austin County	$-1	$84,017	$82,639	$56,111
Colorado County	$46,968	$64,429	$77,250	$49,420
Fayette County	$90,605	$81,776	$86,333	$52,561

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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 78950 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+
78950	+/-$14,923	+/-$11,898	+/-$6,852	+/-3.6%	+/-$-1	+/-$51,804	+/-$7,181	+/-$15,080
New Ulm CDP	+/-$53,501	+/-$20,967	+/-$7,000	+/-34.4%	+/-$-1	+/-$-1	+/-$-1	+/-$28,854
Austin County	+/-$4,757	+/-$4,906	+/-$1,915	+/-2.3%	+/-$-1	+/-$9,244	+/-$15,198	+/-$11,076
Colorado County	+/-$5,177	+/-$7,762	+/-$3,289	+/-1.9%	+/-$11,162	+/-$11,402	+/-$22,466	+/-$8,787
Fayette County	+/-$3,664	+/-$7,996	+/-$3,102	+/-1.6%	+/-$29,792	+/-$5,930	+/-$12,182	+/-$4,387