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54514 Income Statistics

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Comparison to Surrounding Areas

54514 Median Household Income

The median household income ($71,328) for 54514 is more than 54896 ($56,484), 54534 ($47,955), 54547 ($62,616), 54552 ($54,239), 54565 ($37,500), 54517 ($68,971), 54527 ($48,750), Iron County ($55,777), Price County ($55,822), Ashland County ($57,000), and Butternut village ($42,917).

54514$71,328
Butternut village$42,917
Ashland County$57,000
Iron County$55,777
Price County$55,822

54514 Average Household Income

The average household income ($81,122) for 54514 is less than the average household income for 54517 ($86,339). But it's more than 54896 ($65,086), 54534 ($63,957), 54547 ($69,913), 54552 ($69,126), 54565 ($44,246), 54527 ($58,490), Iron County ($69,652), Price County ($70,010), Ashland County ($71,624), and Butternut village ($68,758).

54514$81,122
Butternut village$68,758
Ashland County$71,624
Iron County$69,652
Price County$70,010

54514 Per-Capita Income

The per-capita income for 54514 is $37,675. The per capita income ($37,675) for 54514 is less than the per capita income for 54517 ($45,146). But it's more than 54896 ($31,789), 54534 ($31,813), 54547 ($35,923), 54552 ($34,968), 54565 ($25,652), 54527 ($29,469), Iron County ($34,669), Price County ($33,468), Ashland County ($31,563), and Butternut village ($34,428).

54514$37,675
Butternut village$34,428
Ashland County$31,563
Iron County$34,669
Price County$33,468

54514 High Income Households

7.0% of households make over $200,000 a year. The percent high income households (7.0%) for 54514 is more than 54896 (2.2%), 54534 (2.3%), 54547 (3.2%), 54552 (2.8%), 54565 (4.2%), 54517 (2.4%), 54527 (1.1%), Iron County (2.8%), Price County (2.7%), Ashland County (3.7%), and Butternut village (13.1%).

545147.0%
Butternut village13.1%
Ashland County3.7%
Iron County2.8%
Price County2.7%

54514 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
54514$75,500$84,375$90,156$46,875
Butternut village$-1$61,563$56,250$34,000
Ashland County$47,163$64,167$66,635$42,582
Iron County$126,429$70,000$56,632$42,708
Price County$58,182$66,382$64,623$41,010

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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 54514 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+
54514+/-$9,169+/-$6,366+/-$4,439+/-3.3%+/-$27,775+/-$20,087+/-$14,080+/-$7,432
Butternut village+/-$12,259+/-$19,427+/-$11,956+/-10.8%+/-$-1+/-$20,211+/-$31,743+/-$16,606
Ashland County+/-$4,214+/-$3,953+/-$1,787+/-1.1%+/-$24,617+/-$8,725+/-$6,814+/-$3,845
Iron County+/-$3,098+/-$3,637+/-$1,454+/-0.8%+/-$70,065+/-$6,133+/-$5,982+/-$6,746
Price County+/-$1,537+/-$2,488+/-$1,079+/-0.6%+/-$18,442+/-$5,872+/-$3,946+/-$3,009