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32340 Map

32340 Income Statistics

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Comparison to Surrounding Areas

32340 Median Household Income

The median household income ($36,795) for 32340 is less than the median household income for 31643 ($40,250), 32059 ($48,362), 32331 ($51,678), 32350 ($47,946), and Madison County ($43,386). But it's more than Madison city ($29,831).

32340$36,795
Madison city$29,831
Madison County$43,386

32340 Average Household Income

The average household income ($60,672) for 32340 is less than the average household income for 31643 ($61,118), 32331 ($64,537), and 32350 ($63,722). But it's more than 32059 ($57,648), Madison County ($60,056), and Madison city ($50,864).

32340$60,672
Madison city$50,864
Madison County$60,056

32340 Per-Capita Income

The per-capita income for 32340 is $21,727. The per capita income ($21,727) for 32340 is less than the per capita income for 31643 ($24,607), 32059 ($25,656), 32331 ($24,716), 32350 ($28,401), and Madison County ($22,760). But it's more than Madison city ($21,111).

32340$21,727
Madison city$21,111
Madison County$22,760

32340 High Income Households

2.9% of households make over $200,000 a year. The percent high income households (2.9%) for 32340 is more than 31643 (3.3%), 32059 (0.7%), 32331 (0.0%), 32350 (0.9%), Madison County (1.8%), and Madison city (2.7%).

323402.9%
Madison city2.7%
Madison County1.8%

32340 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
32340$65,597$28,782$35,483$38,327
Madison city$-1$26,815$26,524$52,262
Madison County$-1$49,595$45,065$39,747

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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. 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+
32340+/-$7,759+/-$11,789+/-$2,921+/-1.9%+/-$38,596+/-$9,894+/-$12,399+/-$8,104
Madison city+/-$13,611+/-$9,440+/-$4,398+/-3.1%+/-$-1+/-$8,462+/-$6,343+/-$14,830
Madison County+/-$5,931+/-$6,673+/-$1,724+/-1.1%+/-$-1+/-$5,343+/-$10,804+/-$5,057