40245 Income Statistics

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40245 Compared to Surrounding Areas

Median Household Income

The median household income ($113,256) for 40245 is less than the median household income for 40023 ($115,819). But it's more than 40241 ($82,372), 40067 ($88,081), 40299 ($75,396), 40014 ($106,357), 40056 ($82,171), 40223 ($84,446), Shelby County ($67,056), Jefferson County ($56,586), Coldstream ($80,114), Worthington Hills ($63,370), Louisville/Jefferson County metro government (balance) ($53,436), and Middletown ($75,098).

40245$113,256
Coldstream$80,114
Louisville/Jefferson County metro government (balance)$53,436
Middletown$75,098
Worthington Hills$63,370
Jefferson County$56,586
Shelby County$67,056

Average Household Income

The average household income ($145,967) for 40245 is more than 40241 ($107,757), 40067 ($125,297), 40299 ($93,934), 40014 ($129,423), 40023 ($140,110), 40056 ($123,399), 40223 ($111,535), Shelby County ($89,068), Jefferson County ($79,373), Worthington Hills ($74,292), Louisville/Jefferson County metro government (balance) ($74,580), Middletown ($82,113), and Coldstream ($88,911).

40245$145,967
Coldstream$88,911
Louisville/Jefferson County metro government (balance)$74,580
Middletown$82,113
Worthington Hills$74,292
Jefferson County$79,373
Shelby County$89,068

Per-Capita Income

The per-capita income for 40245 is $52,592. The per capita income ($52,592) for 40245 is more than 40241 ($46,619), 40067 ($43,056), 40299 ($37,139), 40014 ($42,842), 40023 ($51,204), 40056 ($48,664), 40223 ($45,837), Shelby County ($32,468), Jefferson County ($33,251), Worthington Hills ($31,551), Louisville/Jefferson County metro government (balance) ($30,943), Middletown ($37,858), and Coldstream ($31,910).

40245$52,592
Coldstream$31,910
Louisville/Jefferson County metro government (balance)$30,943
Middletown$37,858
Worthington Hills$31,551
Jefferson County$33,251
Shelby County$32,468

High Income Households

% of households make over $200,000 a year. The percent high income households (19.3%) for 40245 is more than 40241 (10.5%), 40067 (13.3%), 40299 (7.2%), 40014 (17.1%), 40023 (16.3%), 40056 (11.8%), 40223 (9.7%), Shelby County (7.5%), Jefferson County (5.6%), Worthington Hills (1.5%), Louisville/Jefferson County metro government (balance) (4.7%), Middletown (2.8%), and Coldstream (2.6%).

4024519.3%
Coldstream2.6%
Louisville/Jefferson County metro government (balance)4.7%
Middletown2.8%
Worthington Hills1.5%
Jefferson County5.6%
Shelby County7.5%

Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
40245 $36,667 $133,675 $127,452 $74,063
Coldstream $61,250 $61,250 $108,750 $69,583
Louisville/Jefferson County metro government (balance) $31,240 $56,853 $64,273 $41,347
Middletown $64,000 $76,667 $87,250 $45,664
Worthington Hills $-1 $77,614 $52,981 $65,313
Jefferson County $32,077 $60,348 $67,658 $44,026
Shelby County $43,824 $64,594 $90,465 $47,091

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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 2019 5-year estimates. These values are in 2019 inflation-adjusted dollars and were downloaded on 10 December 2020.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2019 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2019 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2019 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2019 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2019 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capital Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
40245 +/-$8,354 +/-$8,464 +/-$3,063 +/-2.3% +/-$31,509 +/-$15,107 +/-$12,821 +/-$14,707
Coldstream +/-$10,618 +/-$10,919 +/-$4,821 +/-3.3% +/-$3,523 +/-$30,196 +/-$32,597 +/-$16,488
Louisville/Jefferson County metro government (balance) +/-$676 +/-$1,034 +/-$418 +/-0.2% +/-$2,446 +/-$1,398 +/-$1,568 +/-$958
Middletown +/-$8,830 +/-$7,075 +/-$3,550 +/-1.5% +/-$28,605 +/-$6,609 +/-$19,050 +/-$14,867
Worthington Hills +/-$5,874 +/-$9,873 +/-$5,004 +/-1.5% +/-$-1 +/-$16,294 +/-$6,435 +/-$10,792
Jefferson County +/-$637 +/-$900 +/-$358 +/-0.2% +/-$2,872 +/-$1,293 +/-$1,562 +/-$1,055
Shelby County +/-$4,434 +/-$4,370 +/-$1,461 +/-1.2% +/-$31,526 +/-$4,701 +/-$6,899 +/-$6,706