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48073 Income Statistics

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Comparison to Surrounding Areas

48073 Median Household Income

The median household income ($86,269) for 48073 is less than the median household income for 48084 ($106,250), 48025 ($171,776), 48067 ($102,687), 48072 ($108,125), 48009 ($151,556), Oakland County ($92,620), Berkley city ($108,125), and Royal Oak city ($92,799). But it's more than 48017 ($83,059), 48071 ($63,224), 48076 ($82,129), and 48083 ($86,105).

48073$86,269
Berkley city$108,125
Royal Oak city$92,799
Oakland County$92,620

48073 Average Household Income

The average household income ($109,221) for 48073 is less than the average household income for 48084 ($131,474), 48025 ($216,808), 48067 ($126,950), 48072 ($125,147), 48009 ($234,600), Oakland County ($126,488), Berkley city ($125,147), and Royal Oak city ($117,048). But it's more than 48017 ($98,918), 48071 ($76,670), 48076 ($101,757), and 48083 ($102,082).

48073$109,221
Berkley city$125,147
Royal Oak city$117,048
Oakland County$126,488

48073 Per-Capita Income

The per-capita income for 48073 is $54,488. The per capita income ($54,488) for 48073 is less than the per capita income for 48025 ($84,695), 48072 ($58,286), 48084 ($57,999), 48009 ($101,884), 48067 ($67,012), Royal Oak city ($59,760), and Berkley city ($58,286). But it's more than 48017 ($50,836), 48071 ($37,113), 48076 ($44,473), 48083 ($42,861), and Oakland County ($53,157).

48073$54,488
Berkley city$58,286
Royal Oak city$59,760
Oakland County$53,157

48073 High Income Households

12.9% of households make over $200,000 a year. The percent high income households (12.9%) for 48073 is more than 48084 (17.8%), 48072 (13.9%), 48076 (8.8%), 48083 (11.3%), 48009 (38.8%), 48017 (8.6%), 48025 (41.7%), 48067 (16.1%), 48071 (3.0%), Oakland County (16.5%), Berkley city (13.9%), and Royal Oak city (14.3%).

4807312.9%
Berkley city13.9%
Royal Oak city14.3%
Oakland County16.5%

48073 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
48073$47,226$106,841$94,107$62,480
Berkley city$102,632$126,434$119,885$64,971
Royal Oak city$55,938$115,640$102,926$54,815
Oakland County$48,948$101,983$117,191$63,313

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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 48073 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+
48073+/-$3,826+/-$4,798+/-$2,462+/-1.9%+/-$36,077+/-$6,312+/-$10,718+/-$7,261
Berkley city+/-$6,034+/-$6,166+/-$3,433+/-2.2%+/-$19,245+/-$14,371+/-$7,182+/-$12,637
Royal Oak city+/-$3,664+/-$4,575+/-$2,149+/-1.5%+/-$32,277+/-$6,393+/-$10,009+/-$5,529
Oakland County+/-$953+/-$1,234+/-$481+/-0.3%+/-$3,944+/-$1,701+/-$1,716+/-$1,466