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48370 Income Statistics

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Comparison to Surrounding Areas

48370 Median Household Income

The median household income ($115,132) for 48370 is less than the median household income for 48363 ($161,798) and Oakland charter township ($167,975). But it's more than 48362 ($101,250), 48367 ($103,552), 48371 ($107,643), 48428 ($96,417), Oakland County ($92,620), and Addison township ($104,441).

48370$115,132
Addison township$104,441
Oakland charter township$167,975
Oakland County$92,620

48370 Average Household Income

The average household income ($139,110) for 48370 is less than the average household income for 48363 ($196,935) and Oakland charter township ($206,843). But it's more than 48362 ($121,403), 48367 ($120,079), 48371 ($129,489), 48428 ($114,140), Oakland County ($126,488), and Addison township ($128,807).

48370$139,110
Addison township$128,807
Oakland charter township$206,843
Oakland County$126,488

48370 Per-Capita Income

The per-capita income for 48370 is $41,933. The per capita income ($41,933) for 48370 is less than 48428 ($42,910), 48363 ($65,385), 48367 ($42,121), 48371 ($48,331), 48362 ($48,590), Oakland County ($53,157), Addison township ($43,554), and Oakland charter township ($72,483).

48370$41,933
Addison township$43,554
Oakland charter township$72,483
Oakland County$53,157

48370 High Income Households

23.3% of households make over $200,000 a year. The percent high income households (23.3%) for 48370 is more than 48428 (9.5%), 48363 (34.6%), 48367 (17.2%), 48371 (16.0%), 48362 (15.9%), Oakland County (16.5%), Addison township (19.3%), and Oakland charter township (37.9%).

4837023.3%
Addison township19.3%
Oakland charter township37.9%
Oakland County16.5%

48370 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
48370$-1$89,491$141,979$55,000
Addison township$-1$97,500$122,500$64,167
Oakland charter township$-1$177,216$187,148$105,781
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 48370 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+
48370+/-$29,755+/-$28,357+/-$12,345+/-11.9%+/-$-1+/-$79,123+/-$28,730+/-$28,859
Addison township+/-$15,216+/-$11,208+/-$5,002+/-5.2%+/-$-1+/-$47,411+/-$19,512+/-$9,408
Oakland charter township+/-$10,480+/-$12,415+/-$4,672+/-3.8%+/-$-1+/-$15,304+/-$23,318+/-$9,496
Oakland County+/-$953+/-$1,234+/-$481+/-0.3%+/-$3,944+/-$1,701+/-$1,716+/-$1,466