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24112 Income Statistics

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Comparison to Surrounding Areas

24112 Median Household Income

The median household income ($42,349) for 24112 is less than the median household income for 24165 ($58,819), 24054 ($52,278), 24078 ($47,130), 24137 ($64,295), 24148 ($54,294), 24151 ($61,740), Henry County ($43,694), Franklin County ($66,275), Chatmoss CDP ($68,945), Collinsville CDP ($45,914), and Horse Pasture CDP ($50,094). But it's more than 24055 ($36,210), 24089 ($36,659), Martinsville city/county ($39,127), Villa Heights CDP ($23,784), Martinsville city ($39,127), Fieldale CDP ($41,601), and Laurel Park CDP ($39,032).

24112$42,349
Villa Heights CDP$23,784
Horse Pasture CDP$50,094
Laurel Park CDP$39,032
Martinsville city$39,127
Chatmoss CDP$68,945
Collinsville CDP$45,914
Fieldale CDP$41,601
Henry County$43,694
Martinsville city/county$39,127
Franklin County$66,275

24112 Average Household Income

The average household income ($61,516) for 24112 is less than the average household income for 24137 ($136,015), 24151 ($75,236), 24165 ($68,302), 24054 ($64,786), 24148 ($66,679), Franklin County ($89,849), and Chatmoss CDP ($107,473). But it's more than 24078 ($58,657), 24055 ($53,590), 24089 ($49,375), Henry County ($58,729), Martinsville city/county ($60,505), Laurel Park CDP ($42,127), Martinsville city ($60,505), Villa Heights CDP ($35,719), Horse Pasture CDP ($55,356), Fieldale CDP ($53,433), and Collinsville CDP ($54,856).

24112$61,516
Villa Heights CDP$35,719
Horse Pasture CDP$55,356
Laurel Park CDP$42,127
Martinsville city$60,505
Chatmoss CDP$107,473
Collinsville CDP$54,856
Fieldale CDP$53,433
Henry County$58,729
Martinsville city/county$60,505
Franklin County$89,849

24112 Per-Capita Income

The per-capita income for 24112 is $27,721. The per capita income ($27,721) for 24112 is less than the per capita income for 24054 ($27,755), 24137 ($58,649), 24151 ($31,582), 24165 ($32,309), Franklin County ($37,329), and Chatmoss CDP ($58,851). But it's more than 24078 ($25,296), 24055 ($24,574), 24148 ($25,947), 24089 ($23,642), Henry County ($26,097), Martinsville city/county ($27,052), Martinsville city ($27,052), Villa Heights CDP ($25,296), Laurel Park CDP ($17,054), Horse Pasture CDP ($23,472), Fieldale CDP ($18,878), and Collinsville CDP ($23,483).

24112$27,721
Villa Heights CDP$25,296
Horse Pasture CDP$23,472
Laurel Park CDP$17,054
Martinsville city$27,052
Chatmoss CDP$58,851
Collinsville CDP$23,483
Fieldale CDP$18,878
Henry County$26,097
Martinsville city/county$27,052
Franklin County$37,329

24112 High Income Households

3.3% of households make over $200,000 a year. The percent high income households (3.3%) for 24112 is more than 24078 (1.7%), 24055 (0.8%), 24054 (1.6%), 24165 (8.3%), 24151 (3.8%), 24148 (1.5%), 24137 (8.4%), 24089 (0.0%), Franklin County (7.0%), Henry County (1.5%), Martinsville city/county (4.4%), Villa Heights CDP (0.0%), Martinsville city (4.4%), Laurel Park CDP (0.0%), Horse Pasture CDP (0.0%), Fieldale CDP (0.0%), Collinsville CDP (1.3%), and Chatmoss CDP (16.0%).

241123.3%
Villa Heights CDP0.0%
Horse Pasture CDP0.0%
Laurel Park CDP0.0%
Martinsville city4.4%
Chatmoss CDP16.0%
Collinsville CDP1.3%
Fieldale CDP0.0%
Henry County1.5%
Martinsville city/county4.4%
Franklin County7.0%

24112 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
24112$33,578$43,750$55,208$36,728
Villa Heights CDP$-1$-1$-1$24,318
Horse Pasture CDP$-1$55,045$41,094$34,219
Laurel Park CDP$-1$56,723$-1$38,347
Martinsville city$29,543$34,345$49,174$33,159
Chatmoss CDP$-1$-1$-1$69,922
Collinsville CDP$50,139$49,025$58,694$31,992
Fieldale CDP$-1$-1$41,848$40,909
Henry County$50,861$52,829$55,955$34,952
Martinsville city/county$29,543$34,345$49,174$33,159
Franklin County$45,184$74,700$79,676$53,935

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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 2022 5-year estimates. You can find this information and other demographics for 24112 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
under 25 25 to 44 45 to 64 65+
24112+/-$2,771+/-$4,151+/-$1,986+/-1.2%+/-$8,254+/-$11,642+/-$6,711+/-$3,250
Villa Heights CDP+/-$3,103+/-$14,761+/-$7,580+/-11.1%+/-$-1+/-$-1+/-$-1+/-$15,394
Horse Pasture CDP+/-$18,552+/-$8,468+/-$3,900+/-4.4%+/-$-1+/-$7,334+/-$21,201+/-$18,676
Laurel Park CDP+/-$28,220+/-$7,475+/-$4,150+/-9.2%+/-$-1+/-$2,487+/-$-1+/-$18,526
Martinsville city+/-$3,628+/-$7,110+/-$3,479+/-2.2%+/-$17,971+/-$10,644+/-$7,902+/-$6,494
Chatmoss CDP+/-$42,174+/-$29,045+/-$11,795+/-9.5%+/-$-1+/-$-1+/-$-1+/-$52,078
Collinsville CDP+/-$5,696+/-$5,384+/-$2,571+/-1.2%+/-$25,548+/-$9,679+/-$24,166+/-$7,041
Fieldale CDP+/-$7,878+/-$16,922+/-$7,220+/-13.1%+/-$-1+/-$-1+/-$25,915+/-$12,736
Henry County+/-$2,612+/-$2,576+/-$1,025+/-0.5%+/-$5,926+/-$6,639+/-$8,088+/-$3,327
Martinsville city/county+/-$3,628+/-$7,110+/-$3,479+/-2.2%+/-$17,971+/-$10,644+/-$7,902+/-$6,494
Franklin County+/-$3,805+/-$6,501+/-$2,626+/-1.4%+/-$9,761+/-$13,940+/-$4,705+/-$2,710