05906 Map

05906 Income Statistics

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Comparison to Surrounding Areas

05906 Median Household Income

The median household income ($54,423) for 05906 is less than the median household income for 03584 ($92,797), 05824 ($61,471), 03598 ($63,963), 05905 ($83,000), Essex County ($58,985), and Concord town ($66,667). But it's more than 05858 ($48,500), 05904 ($45,000), and Lunenburg town ($53,235).

05906$54,423
Concord town$66,667
Lunenburg town$53,235
Essex County$58,985

05906 Average Household Income

The average household income ($71,856) for 05906 is less than the average household income for 03584 ($139,641), 05824 ($72,334), 03598 ($82,840), 05905 ($89,104), Essex County ($76,292), and Concord town ($74,856). But it's more than 05858 ($69,636), 05904 ($66,462), and Lunenburg town ($71,163).

05906$71,856
Concord town$74,856
Lunenburg town$71,163
Essex County$76,292

05906 Per-Capita Income

The per-capita income for 05906 is $27,846. The per capita income ($27,846) for 05906 is less than the per capita income for 05905 ($39,577), 05824 ($34,651), 03598 ($34,998), 05904 ($32,005), 03584 ($63,073), Essex County ($34,221), Concord town ($33,171), and Lunenburg town ($28,385). But it's more than 05858 ($27,739).

05906$27,846
Concord town$33,171
Lunenburg town$28,385
Essex County$34,221

05906 High Income Households

3% of households make over $200,000 a year. The percent high income households (3.0%) for 05906 is less than the percent high income households for 03584 (5.8%), 05858 (3.7%), 05824 (3.3%), 03598 (3.5%), 05905 (5.5%), and Essex County (4.0%). But it's more than 05904 (0.0%), Concord town (2.5%), and Lunenburg town (2.8%).

059063.0%
Concord town2.5%
Lunenburg town2.8%
Essex County4.0%

05906 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
05906$-1$58,750$62,692$43,929
Concord town$-1$61,313$78,750$46,250
Lunenburg town$-1$58,125$62,031$42,727
Essex County$80,750$70,500$67,250$45,221

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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 2023 5-year estimates. You can find this information and other demographics for 05906 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 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+
05906+/-$10,140+/-$14,008+/-$4,214+/-3.3%+/-$-1+/-$8,792+/-$11,090+/-$9,655
Concord town+/-$10,797+/-$7,910+/-$3,013+/-2.1%+/-$-1+/-$21,910+/-$7,232+/-$15,042
Lunenburg town+/-$8,917+/-$13,874+/-$4,243+/-3.0%+/-$-1+/-$9,622+/-$14,349+/-$17,723
Essex County+/-$3,546+/-$7,204+/-$3,259+/-1.3%+/-$80,579+/-$19,627+/-$12,322+/-$4,271