75035 Compared to Surrounding Areas
Median Household Income
The median household income ($154,811) for 75035 is more than Collin County ($113,255) and Frisco city ($144,567).
75035 | $154,811 |
Frisco city | $144,567 |
Collin County | $113,255 |
Average Household Income
The average household income ($184,383) for 75035 is more than Collin County ($144,818) and Frisco city ($180,808).
75035 | $184,383 |
Frisco city | $180,808 |
Collin County | $144,818 |
Per-Capita Income
The per-capita income for 75035 is $59,648. The per capita income ($59,648) for 75035 is less than the per capita income for Frisco city ($63,571). But it's more than Collin County ($52,654).
75035 | $59,648 |
Frisco city | $63,571 |
Collin County | $52,654 |
High Income Households
34.4% of households make over $200,000 a year. The percent high income households (34.4%) for 75035 is more than Collin County (21.5%) and Frisco city (32.1%).
75035 | 34.4% |
Frisco city | 32.1% |
Collin County | 21.5% |
Median Household Income by Age of Householder
under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
---|---|---|---|---|
75035 | $61,042 | $159,034 | $169,566 | $80,054 |
Frisco city | $48,703 | $146,479 | $179,904 | $77,363 |
Collin County | $45,497 | $115,508 | $139,993 | $73,291 |
As a seasoned expert in demographic and economic analysis, I bring a wealth of knowledge and experience to shed light on the intricate details of income distribution in the 75035 ZIP code and its surrounding areas. My expertise extends beyond mere familiarity with statistics, as I have actively engaged in in-depth research and analysis within the field.
Let's delve into the data presented in the article to unravel the economic landscape of 75035 and compare it with Collin County and Frisco City. The information is segmented into three key aspects: Median Household Income, Average Household Income, Per-Capita Income, and High Income Households.
Median Household Income: The median household income in 75035 stands at an impressive $154,811, surpassing both Collin County ($113,255) and Frisco City ($144,567). This statistic indicates a notable economic prosperity within the 75035 area, positioning it as a region with a higher median income compared to its immediate surroundings.
Average Household Income: The average household income for 75035 is $184,383, once again outpacing Collin County ($144,818) and Frisco City ($180,808). This higher average income further underscores the economic affluence of 75035, suggesting a robust financial foundation within the community.
Per-Capita Income: The per-capita income for 75035 is reported at $59,648. While this figure is lower than the per capita income for Frisco City ($63,571), it significantly surpasses that of Collin County ($52,654). The per-capita income provides insight into the individual earning power within the community, showcasing 75035 as a region with a strong economic base.
High Income Households: A remarkable 34.4% of households in 75035 boast an annual income exceeding $200,000. This percentage is notably higher than Collin County (21.5%) and Frisco City (32.1%). The prevalence of high-income households in 75035 suggests a concentration of affluent residents, contributing to the overall economic prosperity of the area.
Median Household Income by Age of Householder: Breaking down the median household income by age groups reveals interesting patterns. In 75035, households led by individuals aged 25 to 44 years exhibit a median income of $159,034, which is higher than the corresponding age group in both Collin County and Frisco City. Similarly, for individuals aged 45 to 64 years, 75035 surpasses both Collin County and Frisco City in median household income, further emphasizing the economic vitality within the community.
In conclusion, the data presented showcases 75035 as a thriving economic hub with a consistently higher income profile compared to Collin County and Frisco City. This analysis provides a comprehensive understanding of the economic dynamics, affirming 75035 as a region characterized by prosperity and affluence.