48640 Map

48640 Income Statistics

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Comparison to Surrounding Areas

48640 Median Household Income

The median household income ($81,630) for 48640 is less than the median household income for 48623 ($96,371), 48626 ($81,961), Homer township ($106,618), Ingersoll township ($95,393), and Midland charter township ($83,795). But it's more than 48883 ($66,364), 48615 ($72,656), 48637 ($63,900), 48642 ($77,690), 48657 ($74,964), 48662 ($69,112), 48880 ($56,108), Midland County ($77,538), Greendale township ($57,578), Jasper township ($78,828), Lee township ($51,827), Mount Haley township ($74,545), Porter township ($74,653), and Midland city ($74,906).

48640$81,630
Midland city$74,906
Greendale township$57,578
Homer township$106,618
Ingersoll township$95,393
Jasper township$78,828
Lee township$51,827
Midland charter township$83,795
Mount Haley township$74,545
Porter township$74,653
Midland County$77,538

48640 Average Household Income

The average household income ($106,057) for 48640 is less than the average household income for 48623 ($124,498), Homer township ($117,140), and Ingersoll township ($111,273). But it's more than 48883 ($77,953), 48615 ($85,554), 48626 ($103,682), 48637 ($75,519), 48642 ($103,936), 48657 ($99,025), 48662 ($84,489), 48880 ($75,009), Midland County ($102,291), Greendale township ($75,058), Jasper township ($88,299), Lee township ($70,971), Midland charter township ($102,973), Mount Haley township ($93,609), Porter township ($84,728), and Midland city ($100,863).

48640$106,057
Midland city$100,863
Greendale township$75,058
Homer township$117,140
Ingersoll township$111,273
Jasper township$88,299
Lee township$70,971
Midland charter township$102,973
Mount Haley township$93,609
Porter township$84,728
Midland County$102,291

48640 Per-Capita Income

The per-capita income for 48640 is $43,218. The per capita income ($43,218) for 48640 is less than the per capita income for 48623 ($43,780), 48642 ($44,196), Homer township ($43,685), Ingersoll township ($46,211), and Midland city ($43,613). But it's more than 48883 ($31,280), 48615 ($33,592), 48626 ($40,885), 48637 ($30,912), 48657 ($41,789), 48662 ($35,870), 48880 ($19,851), Midland County ($42,734), Greendale township ($31,123), Jasper township ($34,725), Lee township ($29,474), Midland charter township ($37,589), Mount Haley township ($37,700), and Porter township ($34,955).

48640$43,218
Midland city$43,613
Greendale township$31,123
Homer township$43,685
Ingersoll township$46,211
Jasper township$34,725
Lee township$29,474
Midland charter township$37,589
Mount Haley township$37,700
Porter township$34,955
Midland County$42,734

48640 High Income Households

11.5% of households make over $200,000 a year. The percent high income households (11.5%) for 48640 is less than the percent high income households for 48623 (13.1%) and Homer township (13.9%). But it's more than 48615 (4.8%), 48883 (2.5%), 48880 (5.0%), 48662 (5.2%), 48657 (8.8%), 48642 (11.3%), 48637 (4.5%), 48626 (6.9%), Midland County (10.5%), Midland city (11.2%), Porter township (5.8%), Mount Haley township (4.5%), Midland charter township (10.2%), Lee township (0.6%), Jasper township (2.5%), Ingersoll township (9.7%), and Greendale township (3.0%).

4864011.5%
Midland city11.2%
Greendale township3.0%
Homer township13.9%
Ingersoll township9.7%
Jasper township2.5%
Lee township0.6%
Midland charter township10.2%
Mount Haley township4.5%
Porter township5.8%
Midland County10.5%

48640 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
48640$30,066$85,490$97,250$60,375
Midland city$42,188$87,388$79,720$61,190
Greendale township$42,031$71,731$59,792$48,250
Homer township$-1$102,692$146,212$52,596
Ingersoll township$51,250$105,000$108,229$75,625
Jasper township$-1$110,417$91,667$46,250
Lee township$-1$51,339$76,016$42,891
Midland charter township$-1$83,021$117,734$65,000
Mount Haley township$-1$106,250$84,531$60,875
Porter township$-1$80,938$86,364$53,750
Midland County$45,238$91,687$90,347$58,571

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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 48640 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+
48640+/-$4,597+/-$5,518+/-$2,032+/-2.1%+/-$22,817+/-$9,770+/-$5,289+/-$6,420
Midland city+/-$3,651+/-$4,706+/-$1,790+/-1.5%+/-$14,280+/-$6,753+/-$5,950+/-$6,392
Greendale township+/-$10,217+/-$17,648+/-$7,387+/-2.1%+/-$11,457+/-$23,159+/-$11,144+/-$4,534
Homer township+/-$14,452+/-$19,552+/-$7,716+/-7.8%+/-$-1+/-$87,196+/-$33,968+/-$19,699
Ingersoll township+/-$11,156+/-$10,940+/-$4,294+/-3.8%+/-$18,585+/-$26,917+/-$12,638+/-$29,301
Jasper township+/-$11,601+/-$11,136+/-$4,001+/-2.5%+/-$-1+/-$52,745+/-$23,219+/-$18,299
Lee township+/-$15,009+/-$9,137+/-$4,181+/-1.0%+/-$-1+/-$27,983+/-$33,044+/-$11,267
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
Porter township+/-$8,133+/-$9,433+/-$4,017+/-2.8%+/-$-1+/-$31,224+/-$18,517+/-$10,443
Midland County+/-$2,803+/-$3,099+/-$1,267+/-1.1%+/-$8,729+/-$3,921+/-$5,604+/-$2,636