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48005 Income Statistics

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Comparison to Surrounding Areas

48005 Median Household Income

The median household income ($106,190) for 48005 is less than the median household income for 48096 ($115,507). But it's more than 48041 ($85,250), 48002 ($87,000), 48003 ($85,946), 48065 ($94,048), 48050 ($87,150), 48062 ($76,600), and Macomb County ($73,876). And it's the same as Armada township ($106,190).

48005$106,190
Armada township$106,190
Macomb County$73,876

48005 Average Household Income

The average household income ($144,141) for 48005 is more than 48096 ($119,240), 48002 ($101,993), 48003 ($98,150), 48041 ($102,962), 48050 ($116,629), 48062 ($99,421), 48065 ($118,975), and Macomb County ($93,292). And it's the same as Armada township ($144,141).

48005$144,141
Armada township$144,141
Macomb County$93,292

48005 Per-Capita Income

The per-capita income for 48005 is $49,635. The per capita income ($49,635) for 48005 is more than 48096 ($47,846), 48002 ($40,696), 48003 ($38,640), 48041 ($41,197), 48050 ($46,500), 48062 ($37,616), 48065 ($48,749), and Macomb County ($38,015). And it's the same as Armada township ($49,635).

48005$49,635
Armada township$49,635
Macomb County$38,015

48005 High Income Households

17.6% of households make over $200,000 a year. The percent high income households (17.6%) for 48005 is more than 48096 (7.4%), 48062 (9.8%), 48065 (13.4%), 48002 (6.4%), 48003 (6.1%), 48041 (9.9%), 48050 (9.2%), Macomb County (7.4%), and Armada township (17.6%).

4800517.6%
Armada township17.6%
Macomb County7.4%

48005 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
48005$60,536$106,250$126,213$64,468
Armada township$60,536$106,250$126,213$64,468
Macomb County$49,322$80,993$90,333$51,887

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2022 5-year estimates. You can find this information and other demographics for 48005 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above 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+
48005+/-$13,064+/-$29,418+/-$10,194+/-6.5%+/-$44,629+/-$30,294+/-$14,908+/-$12,458
Armada township+/-$13,064+/-$29,418+/-$10,194+/-6.5%+/-$44,629+/-$30,294+/-$14,908+/-$12,458
Macomb County+/-$905+/-$942+/-$361+/-0.3%+/-$4,146+/-$1,505+/-$1,855+/-$1,044