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The median household income ($91,964) for 48623 is less than the median household income for Frankenlust township ($92,344), Ingersoll township ($93,295), and Tittabawassee township ($96,710). But it's more than 48609 ($76,669), 48603 ($61,881), 48604 ($52,285), 48706 ($58,211), 48642 ($75,798), 48640 ($76,693), 48637 ($61,100), 48626 ($81,699), 48611 ($78,488), Bay County ($57,887), Midland County ($73,643), Saginaw County ($56,579), Midland city ($71,809), Thomas township ($77,029), Richland township ($74,208), Kochville township ($48,542), Mount Haley township ($74,583), Midland charter township ($76,324), and Williams charter township ($84,873).
| 48623 | $91,964 |
| Midland city | $71,809 |
| Richland township | $74,208 |
| Thomas township | $77,029 |
| Tittabawassee township | $96,710 |
| Frankenlust township | $92,344 |
| Williams charter township | $84,873 |
| Ingersoll township | $93,295 |
| Midland charter township | $76,324 |
| Mount Haley township | $74,583 |
| Kochville township | $48,542 |
| Midland County | $73,643 |
| Saginaw County | $56,579 |
| Bay County | $57,887 |
The average household income ($115,975) for 48623 is more than 48609 ($97,498), 48604 ($72,800), 48603 ($94,770), 48706 ($75,204), 48642 ($103,155), 48640 ($102,781), 48637 ($78,139), 48626 ($100,265), 48611 ($91,942), Bay County ($75,302), Midland County ($99,402), Saginaw County ($79,210), Midland city ($99,857), Tittabawassee township ($113,701), Thomas township ($106,922), Richland township ($100,166), Kochville township ($64,989), Mount Haley township ($96,051), Midland charter township ($93,274), Ingersoll township ($107,807), Williams charter township ($95,536), and Frankenlust township ($111,101).
| 48623 | $115,975 |
| Midland city | $99,857 |
| Richland township | $100,166 |
| Thomas township | $106,922 |
| Tittabawassee township | $113,701 |
| Frankenlust township | $111,101 |
| Williams charter township | $95,536 |
| Ingersoll township | $107,807 |
| Midland charter township | $93,274 |
| Mount Haley township | $96,051 |
| Kochville township | $64,989 |
| Midland County | $99,402 |
| Saginaw County | $79,210 |
| Bay County | $75,302 |
The per-capita income for 48623 is $40,595. The per capita income ($40,595) for 48623 is less than the per capita income for 48603 ($41,865), 48642 ($43,968), 48640 ($41,987), 48609 ($41,123), Midland County ($41,594), Midland city ($43,155), Thomas township ($46,173), Ingersoll township ($44,393), and Frankenlust township ($45,481). But it's more than 48611 ($40,224), 48604 ($27,238), 48706 ($33,482), 48637 ($32,015), 48626 ($39,824), Bay County ($33,331), Saginaw County ($32,839), Tittabawassee township ($36,465), Richland township ($39,661), Kochville township ($17,113), Mount Haley township ($38,404), Midland charter township ($35,296), and Williams charter township ($38,663).
| 48623 | $40,595 |
| Midland city | $43,155 |
| Richland township | $39,661 |
| Thomas township | $46,173 |
| Tittabawassee township | $36,465 |
| Frankenlust township | $45,481 |
| Williams charter township | $38,663 |
| Ingersoll township | $44,393 |
| Midland charter township | $35,296 |
| Mount Haley township | $38,404 |
| Kochville township | $17,113 |
| Midland County | $41,594 |
| Saginaw County | $32,839 |
| Bay County | $33,331 |
11.9% of households make over $200,000 a year. The percent high income households (11.9%) for 48623 is more than 48609 (8.0%), 48604 (5.2%), 48603 (7.6%), 48706 (4.5%), 48642 (11.6%), 48640 (11.2%), 48637 (4.1%), 48626 (5.4%), 48611 (3.9%), Bay County (4.5%), Midland County (10.2%), Saginaw County (5.5%), Midland city (10.8%), Tittabawassee township (10.6%), Thomas township (10.4%), Richland township (6.6%), Kochville township (3.7%), Mount Haley township (5.3%), Midland charter township (8.7%), Ingersoll township (9.1%), Williams charter township (5.3%), and Frankenlust township (11.0%).
| 48623 | 11.9% |
| Midland city | 10.8% |
| Richland township | 6.6% |
| Thomas township | 10.4% |
| Tittabawassee township | 10.6% |
| Frankenlust township | 11.0% |
| Williams charter township | 5.3% |
| Ingersoll township | 9.1% |
| Midland charter township | 8.7% |
| Mount Haley township | 5.3% |
| Kochville township | 3.7% |
| Midland County | 10.2% |
| Saginaw County | 5.5% |
| Bay County | 4.5% |
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 48623 | $-1 | $95,260 | $111,758 | $58,910 |
| Midland city | $39,231 | $80,883 | $83,762 | $57,156 |
| Richland township | $40,645 | $72,308 | $106,250 | $47,500 |
| Thomas township | $-1 | $102,582 | $88,846 | $62,083 |
| Tittabawassee township | $-1 | $97,760 | $113,533 | $62,188 |
| Frankenlust township | $-1 | $78,732 | $137,875 | $75,268 |
| Williams charter township | $-1 | $90,750 | $118,387 | $42,368 |
| Ingersoll township | $54,375 | $99,886 | $110,809 | $72,750 |
| Midland charter township | $-1 | $78,438 | $96,875 | $60,833 |
| Mount Haley township | $-1 | $102,679 | $84,875 | $58,571 |
| Kochville township | $20,156 | $90,263 | $79,000 | $51,607 |
| Midland County | $41,620 | $85,484 | $88,944 | $55,564 |
| Saginaw County | $39,478 | $59,171 | $68,864 | $47,784 |
| Bay County | $40,108 | $65,031 | $70,082 | $44,130 |
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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 48623 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.
| 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+ | |||||
| 48623 | +/-$9,489 | +/-$9,285 | +/-$3,113 | +/-2.7% | +/-$-1 | +/-$7,945 | +/-$11,985 | +/-$12,310 |
| Midland city | +/-$4,834 | +/-$5,325 | +/-$2,045 | +/-1.7% | +/-$11,120 | +/-$7,127 | +/-$7,736 | +/-$5,013 |
| Richland township | +/-$17,943 | +/-$16,784 | +/-$6,267 | +/-3.1% | +/-$37,992 | +/-$33,166 | +/-$22,257 | +/-$23,716 |
| Thomas township | +/-$6,592 | +/-$10,287 | +/-$4,346 | +/-2.8% | +/-$-1 | +/-$29,843 | +/-$15,835 | +/-$16,074 |
| Tittabawassee township | +/-$8,131 | +/-$11,642 | +/-$3,939 | +/-3.3% | +/-$-1 | +/-$11,644 | +/-$15,868 | +/-$17,599 |
| Frankenlust township | +/-$14,191 | +/-$11,900 | +/-$5,193 | +/-4.5% | +/-$-1 | +/-$2,425 | +/-$55,671 | +/-$25,372 |
| Williams charter township | +/-$21,825 | +/-$11,077 | +/-$3,392 | +/-3.7% | +/-$-1 | +/-$15,208 | +/-$46,381 | +/-$29,055 |
| Ingersoll township | +/-$12,508 | +/-$9,871 | +/-$3,893 | +/-4.1% | +/-$23,518 | +/-$21,160 | +/-$21,417 | +/-$26,138 |
| Midland charter township | +/-$10,900 | +/-$9,614 | +/-$3,680 | +/-4.2% | +/-$-1 | +/-$27,404 | +/-$34,510 | +/-$11,918 |
| Mount Haley township | +/-$11,356 | +/-$12,758 | +/-$4,735 | +/-2.7% | +/-$-1 | +/-$34,254 | +/-$12,109 | +/-$12,635 |
| Kochville township | +/-$6,541 | +/-$6,339 | +/-$1,684 | +/-2.2% | +/-$7,042 | +/-$45,804 | +/-$13,692 | +/-$11,988 |
| Midland County | +/-$3,212 | +/-$3,443 | +/-$1,352 | +/-1.1% | +/-$9,686 | +/-$5,373 | +/-$4,341 | +/-$3,735 |
| Saginaw County | +/-$1,405 | +/-$2,101 | +/-$841 | +/-0.5% | +/-$1,989 | +/-$2,745 | +/-$3,136 | +/-$1,782 |
| Bay County | +/-$2,395 | +/-$1,949 | +/-$793 | +/-0.6% | +/-$9,976 | +/-$4,023 | +/-$5,174 | +/-$1,891 |
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