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48462 Income Statistics

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Comparison to Surrounding Areas

48462 Median Household Income

The median household income ($99,950) for 48462 is less than the median household income for 48348 ($124,352), 48371 ($107,643), 48438 ($100,605), Hadley township ($105,662), Groveland township ($101,862), and Oxford charter township ($105,878). But it's more than 48442 ($75,493), 48455 ($95,966), Lapeer County ($75,402), Oakland County ($92,620), Atlas township ($99,729), and Brandon charter township ($92,500).

48462$99,950
Hadley township$105,662
Groveland township$101,862
Oxford charter township$105,878
Atlas township$99,729
Brandon charter township$92,500
Oakland County$92,620
Lapeer County$75,402

48462 Average Household Income

The average household income ($125,526) for 48462 is less than the average household income for 48348 ($163,002), 48371 ($129,489), 48455 ($128,954), Oakland County ($126,488), Hadley township ($139,163), and Oxford charter township ($129,881). But it's more than 48438 ($121,130), 48442 ($99,204), Lapeer County ($94,615), Atlas township ($123,156), Brandon charter township ($114,703), and Groveland township ($123,736).

48462$125,526
Hadley township$139,163
Groveland township$123,736
Oxford charter township$129,881
Atlas township$123,156
Brandon charter township$114,703
Oakland County$126,488
Lapeer County$94,615

48462 Per-Capita Income

The per-capita income for 48462 is $50,088. The per capita income ($50,088) for 48462 is less than the per capita income for 48348 ($61,880), 48455 ($50,111), Oakland County ($53,157), Hadley township ($53,380), and Groveland township ($50,831). But it's more than 48371 ($48,331), 48438 ($44,266), 48442 ($41,573), Lapeer County ($37,419), Oxford charter township ($48,345), Atlas township ($44,121), and Brandon charter township ($45,294).

48462$50,088
Hadley township$53,380
Groveland township$50,831
Oxford charter township$48,345
Atlas township$44,121
Brandon charter township$45,294
Oakland County$53,157
Lapeer County$37,419

48462 High Income Households

14.5% of households make over $200,000 a year. The percent high income households (14.5%) for 48462 is more than 48371 (16.0%), 48348 (25.3%), 48455 (15.5%), 48442 (8.9%), 48438 (13.6%), Lapeer County (6.3%), Oakland County (16.5%), Oxford charter township (15.8%), Groveland township (14.4%), Brandon charter township (11.9%), Hadley township (15.5%), and Atlas township (15.9%).

4846214.5%
Hadley township15.5%
Groveland township14.4%
Oxford charter township15.8%
Atlas township15.9%
Brandon charter township11.9%
Oakland County16.5%
Lapeer County6.3%

48462 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
48462$84,643$122,692$125,625$83,250
Hadley township$153,958$107,174$135,962$69,947
Groveland township$-1$119,833$115,722$86,384
Oxford charter township$60,644$128,856$133,294$61,989
Atlas township$-1$117,907$118,355$73,728
Brandon charter township$-1$100,950$121,228$74,038
Oakland County$48,948$101,983$117,191$63,313
Lapeer County$53,005$81,469$86,833$54,353

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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 48462 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+
48462+/-$7,959+/-$8,764+/-$3,327+/-2.9%+/-$47,542+/-$39,577+/-$14,095+/-$7,078
Hadley township+/-$11,267+/-$24,456+/-$9,986+/-5.3%+/-$67,488+/-$16,182+/-$34,387+/-$26,886
Groveland township+/-$18,652+/-$11,587+/-$4,383+/-3.6%+/-$-1+/-$34,452+/-$23,984+/-$15,997
Oxford charter township+/-$12,190+/-$8,422+/-$2,891+/-2.5%+/-$24,257+/-$14,856+/-$15,892+/-$7,451
Atlas township+/-$10,786+/-$10,879+/-$4,273+/-5.5%+/-$-1+/-$30,855+/-$26,562+/-$6,540
Brandon charter township+/-$11,431+/-$7,849+/-$2,991+/-2.6%+/-$-1+/-$25,756+/-$12,449+/-$17,747
Oakland County+/-$953+/-$1,234+/-$481+/-0.3%+/-$3,944+/-$1,701+/-$1,716+/-$1,466
Lapeer County+/-$2,304+/-$4,161+/-$1,558+/-0.8%+/-$6,339+/-$3,609+/-$2,594+/-$2,440