47968 Map

47968 Income Statistics

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47968 Compared to Surrounding Areas

Median Household Income

The median household income ($62,083) for 47968 is less than the median household income for Boone County ($103,038), Hendricks County ($95,261), and Montgomery County ($62,937). But it's more than Linnsburg CDP ($-1) and New Ross town ($53,438).

47968$62,083
Linnsburg CDP$-1
New Ross town$53,438
Boone County$103,038
Hendricks County$95,261
Montgomery County$62,937

Average Household Income

The average household income ($81,175) for 47968 is less than the average household income for Boone County ($144,562) and Hendricks County ($117,133). But it's more than Montgomery County ($80,316), Linnsburg CDP ($-1), and New Ross town ($63,663).

47968$81,175
Linnsburg CDP$-1
New Ross town$63,663
Boone County$144,562
Hendricks County$117,133
Montgomery County$80,316

Per-Capita Income

The per-capita income for 47968 is $30,622. The per capita income ($30,622) for 47968 is less than the per capita income for Boone County ($54,866), Hendricks County ($43,651), Montgomery County ($32,975), and Linnsburg CDP ($38,367). But it's more than New Ross town ($27,544).

47968$30,622
Linnsburg CDP$38,367
New Ross town$27,544
Boone County$54,866
Hendricks County$43,651
Montgomery County$32,975

High Income Households

5.6% of households make over $200,000 a year. The percent high income households (5.6%) for 47968 is more than Boone County (20.6%), Hendricks County (10.8%), Montgomery County (4.5%), Linnsburg CDP (0.0%), and New Ross town (1.0%).

479685.6%
Linnsburg CDP0.0%
New Ross town1.0%
Boone County20.6%
Hendricks County10.8%
Montgomery County4.5%

Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
47968$41,500$92,679$80,625$52,096
Linnsburg CDP$-1$-1$-1$-1
New Ross town$-1$38,438$80,714$51,654
Boone County$53,438$108,133$124,347$65,000
Hendricks County$66,029$102,280$120,956$64,714
Montgomery County$35,074$74,719$83,438$44,336

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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+
47968+/-$20,256+/-$12,324+/-$4,553+/-5.3%+/-$7,060+/-$55,578+/-$33,638+/-$15,329
Linnsburg CDP+/-$-1+/-$-1+/-$19,793+/-75.1%+/-$-1+/-$-1+/-$-1+/-$-1
New Ross town+/-$15,484+/-$7,693+/-$4,286+/-1.9%+/-$-1+/-$23,954+/-$22,524+/-$7,915
Boone County+/-$3,101+/-$7,879+/-$2,970+/-2.3%+/-$16,204+/-$4,764+/-$9,178+/-$10,957
Hendricks County+/-$3,124+/-$4,583+/-$1,707+/-1.1%+/-$14,932+/-$4,703+/-$5,425+/-$2,814
Montgomery County+/-$5,863+/-$4,236+/-$1,361+/-1.2%+/-$8,131+/-$6,368+/-$6,811+/-$3,093