48120 Income Statistics

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48120 Compared to Surrounding Areas

Median Household Income

The median household income ($40,453) for 48120 is less than the median household income for 48122 ($41,629), 48124 ($72,325), 48101 ($67,130), Wayne County ($47,301), and Dearborn ($53,670). But it's more than 48209 ($29,188), 48210 ($30,142), 48217 ($30,847), and 48126 ($35,436).

48120$40,453
Dearborn$53,670
Wayne County$47,301

Average Household Income

The average household income ($71,404) for 48120 is less than the average household income for 48124 ($87,643), 48101 ($85,122), and Dearborn ($72,078). But it's more than 48209 ($42,841), 48210 ($37,635), 48217 ($40,752), 48122 ($53,318), 48126 ($50,416), and Wayne County ($67,907).

48120$71,404
Dearborn$72,078
Wayne County$67,907

Per-Capita Income

The per-capita income for 48120 is $22,621. The per capita income ($22,621) for 48120 is less than the per capita income for 48124 ($36,489), 48101 ($34,956), Wayne County ($27,282), and Dearborn ($23,943). But it's more than 48209 ($13,966), 48210 ($11,794), 48217 ($18,670), 48122 ($19,655), and 48126 ($13,984).

48120$22,621
Dearborn$23,943
Wayne County$27,282

High Income Households

% of households make over $200,000 a year. The percent high income households (4.1%) for 48120 is less than the percent high income households for 48124 (6.0%) and Wayne County (4.2%). But it's more than 48217 (0.3%), 48209 (0.9%), 48210 (0.3%), 48101 (3.1%), 48122 (1.0%), 48126 (1.5%), and Dearborn (4.0%).

481204.1%
Dearborn4.0%
Wayne County4.2%

Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
48120 $22,569 $59,653 $41,033 $33,177
Dearborn $19,406 $55,321 $66,839 $39,866
Wayne County $26,151 $48,374 $56,506 $39,081

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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+
48120 +/-$4,638 +/-$12,032 +/-$3,439 +/-1.9% +/-$3,080 +/-$21,128 +/-$15,790 +/-$7,465
Dearborn +/-$1,880 +/-$2,214 +/-$803 +/-0.6% +/-$6,149 +/-$4,572 +/-$4,478 +/-$2,382
Wayne County +/-$464 +/-$481 +/-$187 +/-0.1% +/-$1,885 +/-$988 +/-$902 +/-$566