01240 Income Statistics for 2026

All demographics

Population

5,111

Households

2,450

Median age

60.3 yrs

Median household income

$107,826

Mean household income

$123,603

Per capita income

$60,066

Median home value

$470,400

Median gross rent

$1,091

Owner-occupied housing

71.7%

Bachelor's degree or higher

53.2%

In labor force

52.3%

Poverty rate

7.8%

Households earning $100k+

54.0%

Population under 5

2.3%

Population age 18–34

11.6%

Population age 25–44

14.2%

Population age 45–64

24.1%

Population age 65+

41.0%

Hispanic or Latino

3.0%

Black (non-Hispanic)

0.5%

Asian (non-Hispanic)

0.4%

Unemployment rate

6.2%