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48062 Income Statistics

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Comparison to Surrounding Areas

48062 Median Household Income

The median household income ($76,600) for 48062 is less than the median household income for 48096 ($115,507), 48002 ($87,000), 48005 ($106,190), 48027 ($80,852), 48041 ($85,250), 48050 ($87,150), 48063 ($93,333), 48064 ($86,111), and Richmond township ($119,408). But it's more than Macomb County ($73,876) and Richmond city ($64,154).

48062$76,600
Richmond township$119,408
Richmond city$64,154
Macomb County$73,876

48062 Average Household Income

The average household income ($99,421) for 48062 is less than the average household income for 48096 ($119,240), 48002 ($101,993), 48005 ($144,141), 48027 ($101,391), 48041 ($102,962), 48050 ($116,629), 48063 ($101,447), 48064 ($102,801), and Richmond township ($141,350). But it's more than Macomb County ($93,292) and Richmond city ($78,844).

48062$99,421
Richmond township$141,350
Richmond city$78,844
Macomb County$93,292

48062 Per-Capita Income

The per-capita income for 48062 is $37,616. The per capita income ($37,616) for 48062 is less than the per capita income for 48096 ($47,846), 48063 ($38,295), 48064 ($37,622), 48002 ($40,696), 48005 ($49,635), 48027 ($38,407), 48041 ($41,197), 48050 ($46,500), Macomb County ($38,015), and Richmond township ($45,646). But it's more than Richmond city ($32,655).

48062$37,616
Richmond township$45,646
Richmond city$32,655
Macomb County$38,015

48062 High Income Households

9.8% of households make over $200,000 a year. The percent high income households (9.8%) for 48062 is more than 48096 (7.4%), 48050 (9.2%), 48063 (7.0%), 48064 (13.9%), 48002 (6.4%), 48005 (17.6%), 48027 (7.3%), 48041 (9.9%), Macomb County (7.4%), Richmond township (22.2%), and Richmond city (3.7%).

480629.8%
Richmond township22.2%
Richmond city3.7%
Macomb County7.4%

48062 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
48062$78,250$71,709$110,428$54,219
Richmond township$-1$93,875$144,940$81,250
Richmond city$78,500$64,205$95,216$51,353
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 48062 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+
48062+/-$14,776+/-$11,286+/-$3,659+/-3.7%+/-$62,414+/-$39,863+/-$20,849+/-$9,140
Richmond township+/-$29,413+/-$21,873+/-$8,117+/-9.3%+/-$-1+/-$51,124+/-$43,657+/-$20,760
Richmond city+/-$9,563+/-$11,650+/-$3,366+/-3.1%+/-$69,011+/-$51,247+/-$39,174+/-$4,881
Macomb County+/-$905+/-$942+/-$361+/-0.3%+/-$4,146+/-$1,505+/-$1,855+/-$1,044