40071 Map

40071 Income Statistics

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40071 Compared to Surrounding Areas

Median Household Income

The median household income ($100,693) for 40071 is less than the median household income for Spencer County ($101,118) and Elk Creek CDP ($131,172). But it's more than Bullitt County ($73,900), Shelby County ($81,012), and Taylorsville city ($45,060).

40071$100,693
Elk Creek CDP$131,172
Taylorsville city$45,060
Bullitt County$73,900
Shelby County$81,012
Spencer County$101,118

Average Household Income

The average household income ($106,097) for 40071 is less than the average household income for Spencer County ($109,491) and Elk Creek CDP ($153,276). But it's more than Bullitt County ($88,496), Shelby County ($100,473), and Taylorsville city ($54,615).

40071$106,097
Elk Creek CDP$153,276
Taylorsville city$54,615
Bullitt County$88,496
Shelby County$100,473
Spencer County$109,491

Per-Capita Income

The per-capita income for 40071 is $38,049. The per capita income ($38,049) for 40071 is less than the per capita income for Spencer County ($39,997) and Elk Creek CDP ($48,870). But it's more than Bullitt County ($34,362), Shelby County ($37,918), and Taylorsville city ($21,236).

40071$38,049
Elk Creek CDP$48,870
Taylorsville city$21,236
Bullitt County$34,362
Shelby County$37,918
Spencer County$39,997

High Income Households

8.7% of households make over $200,000 a year. The percent high income households (8.7%) for 40071 is more than Bullitt County (6.2%), Shelby County (9.0%), Spencer County (7.6%), Elk Creek CDP (12.4%), and Taylorsville city (2.3%).

400718.7%
Elk Creek CDP12.4%
Taylorsville city2.3%
Bullitt County6.2%
Shelby County9.0%
Spencer County7.6%

Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
40071$70,875$116,853$115,146$57,101
Elk Creek CDP$-1$137,071$133,906$-1
Taylorsville city$55,156$48,295$51,085$27,614
Bullitt County$67,583$84,131$86,656$51,175
Shelby County$47,576$96,207$91,563$52,853
Spencer County$70,625$119,444$110,026$58,306

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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+
40071+/-$12,054+/-$7,305+/-$2,338+/-2.6%+/-$7,265+/-$9,050+/-$10,328+/-$5,862
Elk Creek CDP+/-$15,352+/-$35,182+/-$10,062+/-6.7%+/-$-1+/-$13,431+/-$26,129+/-$-1
Taylorsville city+/-$7,213+/-$9,145+/-$3,585+/-3.1%+/-$45,213+/-$8,505+/-$9,000+/-$12,384
Bullitt County+/-$1,916+/-$3,029+/-$1,101+/-1.2%+/-$23,706+/-$4,936+/-$4,825+/-$3,845
Shelby County+/-$4,075+/-$4,977+/-$1,629+/-1.4%+/-$18,509+/-$8,136+/-$8,651+/-$8,219
Spencer County+/-$9,083+/-$7,724+/-$2,545+/-2.5%+/-$19,529+/-$12,232+/-$13,517+/-$3,580