40031 Income Statistics

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40031 Compared to Surrounding Areas

Median Household Income

The median household income ($74,973) for 40031 is less than the median household income for 40026 ($117,882), 40010 ($113,661), 40014 ($105,942), Oldham County ($103,761), and Buckner ($123,818). But it's more than 40068 ($74,620), 40055 ($71,061), 40077 ($68,958), Henry County ($52,550), and La Grange ($69,655).

40031$74,973
Buckner$123,818
La Grange$69,655
Henry County$52,550
Oldham County$103,761

Average Household Income

The average household income ($90,376) for 40031 is less than the average household income for 40026 ($166,985), 40010 ($123,018), 40014 ($132,359), Oldham County ($135,839), and Buckner ($140,520). But it's more than 40068 ($90,039), 40055 ($78,510), 40077 ($71,452), Henry County ($64,602), and La Grange ($78,726).

40031$90,376
Buckner$140,520
La Grange$78,726
Henry County$64,602
Oldham County$135,839

Per-Capita Income

The per-capita income for 40031 is $30,198. The per capita income ($30,198) for 40031 is less than the per capita income for 40010 ($37,338), 40068 ($33,790), 40077 ($31,015), 40026 ($53,443), 40014 ($43,393), Oldham County ($44,186), and La Grange ($30,540). But it's more than 40055 ($27,649), Henry County ($24,823), and Buckner ($29,398).

40031$30,198
Buckner$29,398
La Grange$30,540
Henry County$24,823
Oldham County$44,186

High Income Households

% of households make over $200,000 a year. The percent high income households (4.8%) for 40031 is less than the percent high income households for 40026 (26.0%), 40010 (29.5%), 40014 (19.4%), Oldham County (17.8%), and Buckner (21.8%). But it's more than 40068 (4.4%), 40055 (0.8%), 40077 (1.7%), Henry County (1.4%), and La Grange (2.4%).

400314.8%
Buckner21.8%
La Grange2.4%
Henry County1.4%
Oldham County17.8%

Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
40031 $33,977 $94,250 $86,875 $52,926
Buckner $-1 $123,704 $152,396 $71,023
La Grange $-1 $84,423 $79,205 $39,519
Henry County $47,614 $47,924 $60,111 $42,390
Oldham County $42,269 $113,323 $119,058 $67,417

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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 2020 5-year estimates. These values are in 2020 inflation-adjusted dollars and were downloaded on 17 March 2022.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2020 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2020 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2020 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2020 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2020 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+
40031 +/-$5,751 +/-$5,265 +/-$1,706 +/-1.3% +/-$29,967 +/-$17,665 +/-$14,125 +/-$8,934
Buckner +/-$24,180 +/-$24,764 +/-$4,694 +/-8.5% +/-$-1 +/-$59,273 +/-$50,734 +/-$12,965
La Grange +/-$9,441 +/-$5,420 +/-$2,183 +/-1.6% +/-$-1 +/-$21,456 +/-$10,611 +/-$13,666
Henry County +/-$4,768 +/-$5,983 +/-$2,334 +/-0.6% +/-$23,115 +/-$6,400 +/-$4,727 +/-$7,411
Oldham County +/-$4,248 +/-$7,236 +/-$1,866 +/-1.6% +/-$41,009 +/-$5,155 +/-$7,141 +/-$6,477