Census ACS · ZIP Code Tabulation Area

32340 Income Statistics for 2026

Madison County, Florida

Median household income

$40,972

Median household income ($40,972) is lower than Madison County County ($45,350).

32340$40,972
Madison County County$45,350
32331$50,905
32059$55,909
32350$35,625

Average household income

$59,252

Average household income ($59,252) is lower than Madison County County ($60,397).

32340$59,252
Madison County County$60,397
32331$65,854
32059$62,889
32350$44,319

Per-capita income

$22,747

Per-capita income ($22,747) is lower than Madison County County ($23,791).

32340$22,747
Madison County County$23,791
32331$25,458
32059$27,090
32350$18,420

Households earning $100k+

15.4%

Households earning $100k+ (15.4%) is lower than Madison County County (16.0%).

3234015.4%
Madison County County16.0%
3233119.9%
3205915.3%
323507.3%

All demographics

Population
10,302
Households
3,816
Median age
45.3 yrs
Median household income
$40,972
Mean household income
$59,252
Per capita income
$22,747
Median home value
$132,900
Median gross rent
$904
Owner-occupied housing
65.3%
Bachelor's degree or higher
14.0%
In labor force
42.1%
Poverty rate
20.9%
Households earning $100k+
15.4%
Population under 5
3.8%
Population age 18–34
20.1%
Population age 25–44
23.7%
Population age 45–64
30.4%
Population age 65+
20.4%
Hispanic or Latino
3.8%
Black (non-Hispanic)
40.8%
Asian (non-Hispanic)
0.2%
Unemployment rate
5.4%

County and peer ZIP comparisons use population-weighted aggregates from other ZCTAs in the same county. Source: US Census Bureau ACS 5-year estimates. Page URL: https://resource.skyrocketbpo.com/tools/market-research/us-income-demographics-by-zip-code/florida/32340

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

Context & methodology

About ZIP 32340 income statistics ($40,972 median)

ZIP Code Tabulation Area 32340 in Florida is defined by the U.S. Census Bureau for statistical reporting. It closely matches USPS ZIP code 32340 but may differ slightly at edges — use these ACS figures as demographic benchmarks, not exact postal boundaries.

An estimated 10,302 people live in this ZCTA. Median household income here ($40,972) is lower than Madison County County ($45,350). Operators sizing a local market often pair median income with mean income ($59,252) and the share of households earning $100k+ to gauge both typical and upscale demand.

The neighboring ZIP comparison table above lists adjacent ZCTAs with their own ACS estimates. Large gaps between adjacent ZIP codes are common — a few miles can separate very different income profiles, which matters for retail trade areas, service radius, and competitive positioning.

Small-area ACS estimates carry wider margins of error than state or county totals. The Census Bureau publishes guidance on interpreting confidence intervals (linked below). When a figure is critical to your analysis, download the underlying table from data.census.gov and review the margin of error column before citing it in a business plan or press release.

Data vintage: Census ACS 2024 5-year estimates (published 2026). Tables: B19013 (median HH income), B19001 (distribution), B19049 (income by age of householder).

Authoritative sources & further reading

Primary government data and reference pages for verifying and extending this analysis.

Related market research tools

Combine ZIP-level income with these free Resource tools for fuller market pictures.

All ZIP codes·Florida·ZIP codes in Madison County