48240 Income Statistics
Comparison to Surrounding Areas
48240 Median Household Income
The median household income ($60,390) for 48240 is less than the median household income for 48152 ($88,288), 48239 ($71,151), 48336 ($88,938), 48033 ($61,016), 48154 ($104,867), Wayne County ($60,539), and Redford charter township ($69,414). But it's more than 48219 ($43,655) and Detroit city ($39,938).
| 48240 | $60,390 |
| Redford charter township | $69,414 |
| Detroit city | $39,938 |
| Wayne County | $60,539 |
Get Median Household Income for all Zip Codes in Michigan.
48240 Average Household Income
The average household income ($73,255) for 48240 is less than the average household income for 48152 ($113,644), 48239 ($85,596), 48336 ($106,528), 48033 ($78,955), 48154 ($120,836), Wayne County ($85,604), and Redford charter township ($84,082). But it's more than 48219 ($55,848) and Detroit city ($57,223).
| 48240 | $73,255 |
| Redford charter township | $84,082 |
| Detroit city | $57,223 |
| Wayne County | $85,604 |
Get Average Household Income for all Zip Codes in Michigan.
48240 Per-Capita Income
The per-capita income for 48240 is $29,667. The per capita income ($29,667) for 48240 is less than the per capita income for 48152 ($49,080), 48239 ($34,125), 48336 ($47,214), 48033 ($39,754), 48154 ($49,499), Wayne County ($34,906), and Redford charter township ($33,542). But it's more than 48219 ($23,529) and Detroit city ($24,594).
| 48240 | $29,667 |
| Redford charter township | $33,542 |
| Detroit city | $24,594 |
| Wayne County | $34,906 |
Get Per-Capita Income for all Zip Codes in Michigan.
48240 High Income Households
2.4% of households make over $200,000 a year. The percent high income households (2.4%) for 48240 is less than the percent high income households for 48336 (11.8%), 48152 (12.7%), 48154 (13.4%), 48239 (5.7%), 48033 (5.5%), Wayne County (7.8%), Redford charter township (5.0%), and Detroit city (2.8%). But it's more than 48219 (1.6%).
| 48240 | 2.4% |
| Redford charter township | 5.0% |
| Detroit city | 2.8% |
| Wayne County | 7.8% |
Get High Income Households for all Zip Codes in Michigan.
48240 Median Household Income by Age of Householder
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 48240 | $62,111 | $62,905 | $66,680 | $43,539 |
| Redford charter township | $62,153 | $75,075 | $77,422 | $50,768 |
| Detroit city | $30,622 | $43,100 | $39,815 | $36,847 |
| Wayne County | $37,690 | $64,726 | $70,700 | $48,784 |
Get Median Household Income by Age of Householder for all Zip Codes in Michigan.
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