2020 Census Demographics Now Available. Details.

40324 Income Statistics

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40324 Compared to Surrounding Areas

Median Household Income

The median household income ($70,491) for 40324 is less than the median household income for 40370 ($72,292) and Scott County ($70,817). But it's more than 41031 ($49,882), 40601 ($56,327), 40511 ($62,533), 40347 ($67,260), 40379 ($66,750), 40361 ($50,789), Bourbon County ($49,637), and Georgetown ($65,812).

40324$70,491
Georgetown$65,812
Bourbon County$49,637
Scott County$70,817

Average Household Income

The average household income ($86,674) for 40324 is less than the average household income for 40347 ($105,744) and Scott County ($87,058). But it's more than 41031 ($63,098), 40601 ($71,156), 40511 ($76,331), 40379 ($81,427), 40361 ($68,952), 40370 ($74,447), Bourbon County ($68,312), and Georgetown ($77,822).

40324$86,674
Georgetown$77,822
Bourbon County$68,312
Scott County$87,058

Per-Capita Income

The per-capita income for 40324 is $32,466. The per capita income ($32,466) for 40324 is less than the per capita income for 40347 ($39,646) and Scott County ($32,796). But it's more than 41031 ($24,313), 40601 ($30,946), 40511 ($29,196), 40379 ($30,245), 40361 ($28,010), 40370 ($30,766), Bourbon County ($27,802), and Georgetown ($29,910).

40324$32,466
Georgetown$29,910
Bourbon County$27,802
Scott County$32,796

High Income Households

% of households make over $200,000 a year. The percent high income households (5.4%) for 40324 is less than the percent high income households for 40347 (10.9%) and Scott County (5.7%). But it's more than 41031 (2.7%), 40601 (2.8%), 40511 (2.8%), 40379 (5.2%), 40361 (3.0%), 40370 (1.7%), Bourbon County (2.9%), and Georgetown (3.8%).

403245.4%
Georgetown3.8%
Bourbon County2.9%
Scott County5.7%

Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
40324 $51,032 $71,888 $84,008 $51,051
Georgetown $48,859 $68,681 $76,444 $40,968
Bourbon County $-1 $58,808 $48,587 $45,104
Scott County $51,210 $73,538 $83,936 $49,286

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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+
40324 +/-$3,592 +/-$3,247 +/-$1,130 +/-1.0% +/-$5,657 +/-$4,987 +/-$6,105 +/-$8,455
Georgetown +/-$2,516 +/-$3,045 +/-$1,005 +/-1.1% +/-$5,581 +/-$3,440 +/-$3,023 +/-$4,481
Bourbon County +/-$5,146 +/-$4,262 +/-$1,613 +/-1.0% +/-$-1 +/-$7,553 +/-$9,431 +/-$6,938
Scott County +/-$3,434 +/-$3,196 +/-$1,142 +/-1.0% +/-$5,961 +/-$4,940 +/-$5,253 +/-$4,564