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48642 Income Statistics

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Comparison to Surrounding Areas

48642 Median Household Income

The median household income ($75,798) for 48642 is less than the median household income for 48611 ($78,488), 48623 ($91,964), 48628 ($83,333), 48640 ($76,693), Lincoln township ($76,364), Beaver township ($82,868), Midland charter township ($76,324), Williams charter township ($84,873), Homer township ($98,050), and Larkin charter township ($143,365). But it's more than 48652 ($73,000), 48657 ($67,414), 48634 ($72,284), Midland County ($73,643), Bay County ($57,887), Midland city ($71,809), and Mills township ($67,022).

48642$75,798
Midland city$71,809
Midland charter township$76,324
Mills township$67,022
Beaver township$82,868
Williams charter township$84,873
Homer township$98,050
Larkin charter township$143,365
Lincoln township$76,364
Midland County$73,643
Bay County$57,887

48642 Average Household Income

The average household income ($103,155) for 48642 is less than the average household income for 48623 ($115,975), Homer township ($108,001), and Larkin charter township ($168,648). But it's more than 48628 ($100,898), 48611 ($91,942), 48657 ($89,945), 48652 ($88,168), 48640 ($102,781), 48634 ($90,901), Bay County ($75,302), Midland County ($99,402), Midland city ($99,857), Mills township ($81,220), Midland charter township ($93,274), Lincoln township ($96,932), Williams charter township ($95,536), and Beaver township ($102,012).

48642$103,155
Midland city$99,857
Midland charter township$93,274
Mills township$81,220
Beaver township$102,012
Williams charter township$95,536
Homer township$108,001
Larkin charter township$168,648
Lincoln township$96,932
Midland County$99,402
Bay County$75,302

48642 Per-Capita Income

The per-capita income for 48642 is $43,968. The per capita income ($43,968) for 48642 is less than the per capita income for Larkin charter township ($63,302). But it's more than 48623 ($40,595), 48611 ($40,224), 48657 ($38,074), 48652 ($34,117), 48640 ($41,987), 48634 ($41,391), 48628 ($41,195), Bay County ($33,331), Midland County ($41,594), Midland city ($43,155), Mills township ($35,276), Midland charter township ($35,296), Lincoln township ($42,105), Homer township ($41,067), Williams charter township ($38,663), and Beaver township ($37,558).

48642$43,968
Midland city$43,155
Midland charter township$35,296
Mills township$35,276
Beaver township$37,558
Williams charter township$38,663
Homer township$41,067
Larkin charter township$63,302
Lincoln township$42,105
Midland County$41,594
Bay County$33,331

48642 High Income Households

11.6% of households make over $200,000 a year. The percent high income households (11.6%) for 48642 is more than 48623 (11.9%), 48611 (3.9%), 48657 (7.0%), 48652 (5.5%), 48640 (11.2%), 48634 (4.7%), 48628 (7.8%), Bay County (4.5%), Midland County (10.2%), Midland city (10.8%), Mills township (4.3%), Midland charter township (8.7%), Lincoln township (8.6%), Larkin charter township (30.2%), Homer township (13.6%), Williams charter township (5.3%), and Beaver township (8.9%).

4864211.6%
Midland city10.8%
Midland charter township8.7%
Mills township4.3%
Beaver township8.9%
Williams charter township5.3%
Homer township13.6%
Larkin charter township30.2%
Lincoln township8.6%
Midland County10.2%
Bay County4.5%

48642 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
48642$51,847$89,635$84,450$56,587
Midland city$39,231$80,883$83,762$57,156
Midland charter township$-1$78,438$96,875$60,833
Mills township$-1$107,813$69,722$53,676
Beaver township$-1$99,238$87,292$52,202
Williams charter township$-1$90,750$118,387$42,368
Homer township$-1$102,557$140,038$45,188
Larkin charter township$-1$166,111$195,852$69,794
Lincoln township$54,107$121,985$104,141$51,797
Midland County$41,620$85,484$88,944$55,564
Bay County$40,108$65,031$70,082$44,130

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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 48642 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+
48642+/-$5,701+/-$5,460+/-$2,282+/-1.7%+/-$9,815+/-$9,044+/-$10,253+/-$4,607
Midland city+/-$4,834+/-$5,325+/-$2,045+/-1.7%+/-$11,120+/-$7,127+/-$7,736+/-$5,013
Midland charter township+/-$10,900+/-$9,614+/-$3,680+/-4.2%+/-$-1+/-$27,404+/-$34,510+/-$11,918
Mills township+/-$13,672+/-$10,121+/-$4,879+/-2.5%+/-$-1+/-$52,793+/-$31,566+/-$5,756
Beaver township+/-$14,633+/-$14,809+/-$4,133+/-4.3%+/-$-1+/-$11,057+/-$30,284+/-$17,342
Williams charter township+/-$21,825+/-$11,077+/-$3,392+/-3.7%+/-$-1+/-$15,208+/-$46,381+/-$29,055
Homer township+/-$12,866+/-$17,723+/-$6,728+/-8.3%+/-$-1+/-$47,278+/-$46,323+/-$8,073
Larkin charter township+/-$45,649+/-$21,484+/-$7,762+/-7.2%+/-$-1+/-$24,113+/-$23,679+/-$11,209
Lincoln township+/-$15,081+/-$9,424+/-$3,697+/-3.4%+/-$15,603+/-$18,052+/-$20,258+/-$12,076
Midland County+/-$3,212+/-$3,443+/-$1,352+/-1.1%+/-$9,686+/-$5,373+/-$4,341+/-$3,735
Bay County+/-$2,395+/-$1,949+/-$793+/-0.6%+/-$9,976+/-$4,023+/-$5,174+/-$1,891