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48602 Income Statistics

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Comparison to Surrounding Areas

48602 Median Household Income

The median household income ($44,939) for 48602 is less than the median household income for 48603 ($61,881), 48604 ($52,285), 48609 ($76,669), 48638 ($60,262), Saginaw County ($56,579), Carrollton township ($45,640), and Saginaw charter township ($62,440). But it's more than 48601 ($36,845), 48607 ($43,438), and Saginaw city ($35,521).

48602$44,939
Carrollton township$45,640
Saginaw charter township$62,440
Saginaw city$35,521
Saginaw County$56,579

48602 Average Household Income

The average household income ($57,966) for 48602 is less than the average household income for 48638 ($84,876), 48604 ($72,800), 48607 ($61,727), 48609 ($97,498), 48603 ($94,770), Saginaw County ($79,210), Carrollton township ($65,472), and Saginaw charter township ($93,351). But it's more than 48601 ($48,466) and Saginaw city ($47,532).

48602$57,966
Carrollton township$65,472
Saginaw charter township$93,351
Saginaw city$47,532
Saginaw County$79,210

48602 Per-Capita Income

The per-capita income for 48602 is $23,218. The per capita income ($23,218) for 48602 is less than the per capita income for 48638 ($41,739), 48604 ($27,238), 48607 ($25,976), 48609 ($41,123), 48603 ($41,865), Saginaw County ($32,839), Carrollton township ($28,616), and Saginaw charter township ($42,617). But it's more than 48601 ($20,956) and Saginaw city ($19,591).

48602$23,218
Carrollton township$28,616
Saginaw charter township$42,617
Saginaw city$19,591
Saginaw County$32,839

48602 High Income Households

2.7% of households make over $200,000 a year. The percent high income households (2.7%) for 48602 is more than 48638 (8.0%), 48603 (7.6%), 48604 (5.2%), 48607 (2.0%), 48609 (8.0%), 48601 (1.1%), Saginaw County (5.5%), Carrollton township (6.3%), Saginaw charter township (7.9%), and Saginaw city (1.3%).

486022.7%
Carrollton township6.3%
Saginaw charter township7.9%
Saginaw city1.3%
Saginaw County5.5%

48602 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
48602$45,952$36,692$48,742$45,274
Carrollton township$-1$32,257$64,676$42,949
Saginaw charter township$41,727$66,138$92,860$49,446
Saginaw city$38,993$32,830$36,179$37,778
Saginaw County$39,478$59,171$68,864$47,784

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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 48602 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+
48602+/-$3,833+/-$5,683+/-$2,022+/-1.4%+/-$4,688+/-$2,406+/-$3,511+/-$8,431
Carrollton township+/-$6,968+/-$21,028+/-$11,012+/-7.9%+/-$-1+/-$31,371+/-$20,039+/-$7,418
Saginaw charter township+/-$2,984+/-$5,809+/-$2,937+/-1.3%+/-$3,158+/-$5,660+/-$11,271+/-$3,256
Saginaw city+/-$2,041+/-$2,553+/-$970+/-0.7%+/-$7,627+/-$2,916+/-$4,101+/-$4,983
Saginaw County+/-$1,405+/-$2,101+/-$841+/-0.5%+/-$1,989+/-$2,745+/-$3,136+/-$1,782