40940 Income Statistics

Comparison to Surrounding Areas

40940 Median Household Income

The median household income ($-1) for 40940 is less than 37762 ($42,392), 40965 ($28,685), 40977 ($37,917), 37715 ($26,413), 40769 ($43,878), Whitley County ($44,615), and Bell County ($31,354). And it's the same as 40763 ($-1).

40940$-1
Bell County$31,354
Whitley County$44,615

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40940 Average Household Income

The average household income ($35,483) for 40940 is less than 40977 ($55,065), 40769 ($60,930), 40965 ($46,145), 37715 ($38,324), 37762 ($53,417), 40763 ($96,456), Whitley County ($63,305), and Bell County ($49,259).

40940$35,483
Bell County$49,259
Whitley County$63,305

Get Average Household Income for all Zip Codes in Kentucky.

40940 Per-Capita Income

The per-capita income for 40940 is $16,102. The per capita income ($16,102) for 40940 is less than 40977 ($22,450), 40769 ($20,976), 40965 ($21,508), 37715 ($17,632), 37762 ($27,567), 40763 ($37,709), Whitley County ($23,353), and Bell County ($21,704).

40940$16,102
Bell County$21,704
Whitley County$23,353

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40940 High Income Households

0% of households make over $200,000 a year. The percent high income households (0.0%) for 40940 is less than 40763 (4.3%), 40965 (1.2%), 40977 (4.1%), 37762 (0.5%), 40769 (2.3%), Whitley County (2.2%), and Bell County (2.0%). And it's the same as 37715 (0.0%).

409400.0%
Bell County2.0%
Whitley County2.2%

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40940 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
40940$-1$66,917$-1$21,184
Bell County$26,492$39,783$31,172$28,744
Whitley County$32,217$62,099$46,469$29,460

Get Median Household Income by Age of Householder for all Zip Codes in Kentucky.

40940 Map

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About the Data

Data Sources

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 40940 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars) By Age Of Householder

Margins of Error

Margins of error for the 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+
40940+/-$-1+/-$14,157+/-$3,976+/-20.1%+/-$-1+/-$45,071+/-$-1+/-$961
Bell County+/-$3,340+/-$4,183+/-$1,673+/-0.9%+/-$22,005+/-$11,503+/-$8,227+/-$2,328
Whitley County+/-$4,358+/-$4,870+/-$1,875+/-1.1%+/-$11,835+/-$11,937+/-$5,862+/-$6,039