48623 Map

48623 Income Statistics

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Comparison to Surrounding Areas

48623 Median Household Income

The median household income ($96,371) for 48623 is less than the median household income for Tittabawassee township ($100,995). But it's more than 48609 ($78,800), 48604 ($53,804), 48603 ($65,690), 48706 ($61,908), 48642 ($77,690), 48640 ($81,630), 48637 ($63,900), 48626 ($81,961), 48611 ($80,511), Bay County ($60,523), Midland County ($77,538), Saginaw County ($58,347), Midland city ($74,906), Thomas township ($82,609), Richland township ($80,129), Kochville township ($47,434), Mount Haley township ($74,545), Midland charter township ($83,795), Ingersoll township ($95,393), Williams charter township ($80,587), and Frankenlust township ($91,842).

48623$96,371
Midland city$74,906
Richland township$80,129
Thomas township$82,609
Tittabawassee township$100,995
Frankenlust township$91,842
Williams charter township$80,587
Ingersoll township$95,393
Midland charter township$83,795
Mount Haley township$74,545
Kochville township$47,434
Midland County$77,538
Saginaw County$58,347
Bay County$60,523

48623 Average Household Income

The average household income ($124,498) for 48623 is more than 48609 ($91,679), 48604 ($77,473), 48603 ($97,888), 48706 ($79,704), 48642 ($103,936), 48640 ($106,057), 48637 ($75,519), 48626 ($103,682), 48611 ($92,415), Bay County ($77,994), Midland County ($102,291), Saginaw County ($81,912), Midland city ($100,863), Tittabawassee township ($120,655), Thomas township ($105,494), Richland township ($103,298), Kochville township ($63,603), Mount Haley township ($93,609), Midland charter township ($102,973), Ingersoll township ($111,273), Williams charter township ($90,834), and Frankenlust township ($117,628).

48623$124,498
Midland city$100,863
Richland township$103,298
Thomas township$105,494
Tittabawassee township$120,655
Frankenlust township$117,628
Williams charter township$90,834
Ingersoll township$111,273
Midland charter township$102,973
Mount Haley township$93,609
Kochville township$63,603
Midland County$102,291
Saginaw County$81,912
Bay County$77,994

48623 Per-Capita Income

The per-capita income for 48623 is $43,780. The per capita income ($43,780) for 48623 is less than the per capita income for 48642 ($44,196), Frankenlust township ($48,360), Ingersoll township ($46,211), and Thomas township ($46,420). But it's more than 48609 ($39,838), 48604 ($29,440), 48603 ($43,307), 48706 ($35,761), 48640 ($43,218), 48637 ($30,912), 48626 ($40,885), 48611 ($41,735), Bay County ($34,858), Midland County ($42,734), Saginaw County ($33,992), Midland city ($43,613), Tittabawassee township ($38,992), Richland township ($40,124), Kochville township ($17,657), Mount Haley township ($37,700), Midland charter township ($37,589), and Williams charter township ($39,651).

48623$43,780
Midland city$43,613
Richland township$40,124
Thomas township$46,420
Tittabawassee township$38,992
Frankenlust township$48,360
Williams charter township$39,651
Ingersoll township$46,211
Midland charter township$37,589
Mount Haley township$37,700
Kochville township$17,657
Midland County$42,734
Saginaw County$33,992
Bay County$34,858

48623 High Income Households

13.1% of households make over $200,000 a year. The percent high income households (13.1%) for 48623 is more than 48609 (8.2%), 48604 (4.7%), 48603 (9.5%), 48706 (5.0%), 48642 (11.3%), 48640 (11.5%), 48637 (4.5%), 48626 (6.9%), 48611 (5.3%), Bay County (4.7%), Midland County (10.5%), Saginaw County (6.2%), Midland city (11.2%), Tittabawassee township (12.2%), Thomas township (11.1%), Richland township (8.2%), Kochville township (3.1%), Mount Haley township (4.5%), Midland charter township (10.2%), Ingersoll township (9.7%), and Williams charter township (5.2%). And it's the same as Frankenlust township (13.1%).

4862313.1%
Midland city11.2%
Richland township8.2%
Thomas township11.1%
Tittabawassee township12.2%
Frankenlust township13.1%
Williams charter township5.2%
Ingersoll township9.7%
Midland charter township10.2%
Mount Haley township4.5%
Kochville township3.1%
Midland County10.5%
Saginaw County6.2%
Bay County4.7%

48623 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
48623$-1$102,169$119,337$59,451
Midland city$42,188$87,388$79,720$61,190
Richland township$41,442$83,625$111,080$61,833
Thomas township$26,140$106,261$86,406$64,688
Tittabawassee township$-1$102,888$118,939$60,000
Frankenlust township$2,499$81,566$147,850$73,068
Williams charter township$-1$83,536$101,339$57,237
Ingersoll township$51,250$105,000$108,229$75,625
Midland charter township$-1$83,021$117,734$65,000
Mount Haley township$-1$106,250$84,531$60,875
Kochville township$13,158$104,271$78,514$50,673
Midland County$45,238$91,687$90,347$58,571
Saginaw County$40,371$62,098$70,970$48,734
Bay County$44,300$71,150$70,435$45,420

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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 2023 5-year estimates. You can find this information and other demographics for 48623 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 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+
48623+/-$10,603+/-$10,342+/-$3,659+/-2.7%+/-$-1+/-$15,716+/-$15,950+/-$8,286
Midland city+/-$3,651+/-$4,706+/-$1,790+/-1.5%+/-$14,280+/-$6,753+/-$5,950+/-$6,392
Richland township+/-$21,878+/-$16,297+/-$6,060+/-4.1%+/-$30,182+/-$22,307+/-$22,506+/-$20,821
Thomas township+/-$7,006+/-$9,017+/-$3,661+/-2.9%+/-$17,502+/-$7,892+/-$16,521+/-$19,799
Tittabawassee township+/-$11,481+/-$10,777+/-$3,881+/-3.3%+/-$-1+/-$21,046+/-$10,822+/-$13,773
Frankenlust township+/-$16,561+/-$12,693+/-$4,952+/-4.9%+/-$-1+/-$7,282+/-$32,134+/-$12,598
Williams charter township+/-$13,306+/-$8,412+/-$3,411+/-3.1%+/-$-1+/-$18,432+/-$33,575+/-$32,970
Ingersoll township+/-$11,156+/-$10,940+/-$4,294+/-3.8%+/-$18,585+/-$26,917+/-$12,638+/-$29,301
Midland charter township+/-$11,509+/-$12,190+/-$4,510+/-4.8%+/-$-1+/-$13,612+/-$24,667+/-$10,834
Mount Haley township+/-$7,307+/-$11,564+/-$5,146+/-2.6%+/-$-1+/-$43,076+/-$14,162+/-$11,329
Kochville township+/-$9,522+/-$8,738+/-$2,152+/-2.0%+/-$12,835+/-$27,925+/-$5,449+/-$10,824
Midland County+/-$2,803+/-$3,099+/-$1,267+/-1.1%+/-$8,729+/-$3,921+/-$5,604+/-$2,636
Saginaw County+/-$1,402+/-$2,269+/-$922+/-0.7%+/-$3,822+/-$2,963+/-$2,474+/-$2,252
Bay County+/-$2,180+/-$2,105+/-$878+/-0.7%+/-$9,009+/-$6,035+/-$5,664+/-$2,373