23040 Income Statistics

Comparison to Surrounding Areas

23040 Median Household Income

The median household income ($52,819) for 23040 is less than the median household income for 23966 ($57,177), 23901 ($55,886), 23936 ($57,880), 23002 ($71,813), 23027 ($95,407), 23038 ($87,083), 23139 ($110,349), Cumberland County ($55,325), and Buckingham County ($60,828). But it's more than 23123 ($50,203) and Cumberland CDP ($34,828).

23040$52,819
Cumberland CDP$34,828
Buckingham County$60,828
Cumberland County$55,325

Get Median Household Income for all Zip Codes in Virginia.

23040 Average Household Income

The average household income ($67,244) for 23040 is less than the average household income for 23966 ($69,638), 23139 ($131,627), 23901 ($80,686), 23936 ($72,549), 23002 ($84,457), 23027 ($146,593), 23038 ($164,664), Cumberland County ($87,254), Buckingham County ($76,646), and Cumberland CDP ($70,324). But it's more than 23123 ($63,222).

23040$67,244
Cumberland CDP$70,324
Buckingham County$76,646
Cumberland County$87,254

Get Average Household Income for all Zip Codes in Virginia.

23040 Per-Capita Income

The per-capita income for 23040 is $31,622. The per capita income ($31,622) for 23040 is less than the per capita income for 23002 ($34,279), 23027 ($46,551), 23038 ($75,686), 23139 ($50,537), Cumberland County ($37,339), and Cumberland CDP ($39,241). But it's more than 23123 ($26,534), 23901 ($30,138), 23936 ($26,903), 23966 ($29,683), and Buckingham County ($30,121).

23040$31,622
Cumberland CDP$39,241
Buckingham County$30,121
Cumberland County$37,339

Get Per-Capita Income for all Zip Codes in Virginia.

23040 High Income Households

1.8% of households make over $200,000 a year. The percent high income households (1.8%) for 23040 is less than the percent high income households for 23966 (2.3%), 23139 (18.0%), 23901 (7.5%), 23936 (3.3%), 23027 (21.7%), 23038 (18.5%), Cumberland County (7.8%), Buckingham County (3.3%), and Cumberland CDP (13.2%). But it's more than 23002 (1.6%) and 23123 (0.0%).

230401.8%
Cumberland CDP13.2%
Buckingham County3.3%
Cumberland County7.8%

Get High Income Households for all Zip Codes in Virginia.

23040 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
23040$-1$41,772$68,819$51,473
Cumberland CDP$-1$-1$-1$34,224
Buckingham County$70,518$84,543$67,316$45,850
Cumberland County$59,931$52,500$89,286$43,198

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

23040 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 23040 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+
23040+/-$6,991+/-$9,861+/-$4,387+/-2.2%+/-$-1+/-$2,138+/-$10,122+/-$14,593
Cumberland CDP+/-$17,148+/-$49,378+/-$28,251+/-21.1%+/-$-1+/-$-1+/-$-1+/-$19,065
Buckingham County+/-$4,412+/-$5,373+/-$2,016+/-1.3%+/-$67,371+/-$14,679+/-$7,378+/-$7,994
Cumberland County+/-$6,015+/-$11,115+/-$4,061+/-3.1%+/-$24,638+/-$7,977+/-$28,372+/-$7,291