48642 Map

48642 Income Statistics

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Comparison to Surrounding Areas

48642 Median Household Income

The median household income ($77,690) for 48642 is less than the median household income for 48611 ($80,511), 48623 ($96,371), 48628 ($89,183), 48634 ($78,929), 48640 ($81,630), Beaver township ($86,167), Midland charter township ($83,795), Williams charter township ($80,587), Homer township ($106,618), Larkin charter township ($144,250), and Lincoln township ($87,778). But it's more than 48652 ($69,808), 48657 ($74,964), Bay County ($60,523), Midland County ($77,538), Mills township ($68,900), and Midland city ($74,906).

48642$77,690
Midland city$74,906
Midland charter township$83,795
Mills township$68,900
Beaver township$86,167
Williams charter township$80,587
Homer township$106,618
Larkin charter township$144,250
Lincoln township$87,778
Midland County$77,538
Bay County$60,523

48642 Average Household Income

The average household income ($103,936) for 48642 is less than the average household income for 48623 ($124,498), 48628 ($105,933), 48640 ($106,057), Homer township ($117,140), and Larkin charter township ($179,697). But it's more than 48634 ($94,795), 48611 ($92,415), 48657 ($99,025), 48652 ($87,905), Bay County ($77,994), Midland County ($102,291), Mills township ($81,878), Midland city ($100,863), Midland charter township ($102,973), Lincoln township ($101,949), Williams charter township ($90,834), and Beaver township ($103,698).

48642$103,936
Midland city$100,863
Midland charter township$102,973
Mills township$81,878
Beaver township$103,698
Williams charter township$90,834
Homer township$117,140
Larkin charter township$179,697
Lincoln township$101,949
Midland County$102,291
Bay County$77,994

48642 Per-Capita Income

The per-capita income for 48642 is $44,196. The per capita income ($44,196) for 48642 is less than the per capita income for 48628 ($45,632) and Larkin charter township ($65,920). But it's more than 48623 ($43,780), 48611 ($41,735), 48657 ($41,789), 48652 ($33,284), 48640 ($43,218), 48634 ($43,629), Bay County ($34,858), Midland County ($42,734), Midland city ($43,613), Mills township ($35,276), Midland charter township ($37,589), Lincoln township ($43,789), Homer township ($43,685), Williams charter township ($39,651), and Beaver township ($39,760).

48642$44,196
Midland city$43,613
Midland charter township$37,589
Mills township$35,276
Beaver township$39,760
Williams charter township$39,651
Homer township$43,685
Larkin charter township$65,920
Lincoln township$43,789
Midland County$42,734
Bay County$34,858

48642 High Income Households

11.3% of households make over $200,000 a year. The percent high income households (11.3%) for 48642 is less than the percent high income households for 48623 (13.1%), 48640 (11.5%), Homer township (13.9%), and Larkin charter township (30.4%). But it's more than 48628 (8.6%), 48611 (5.3%), 48657 (8.8%), 48652 (4.3%), 48634 (5.2%), Bay County (4.7%), Midland County (10.5%), Midland city (11.2%), Mills township (3.1%), Midland charter township (10.2%), Lincoln township (8.4%), Williams charter township (5.2%), and Beaver township (9.2%).

4864211.3%
Midland city11.2%
Midland charter township10.2%
Mills township3.1%
Beaver township9.2%
Williams charter township5.2%
Homer township13.9%
Larkin charter township30.4%
Lincoln township8.4%
Midland County10.5%
Bay County4.7%

48642 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
48642$51,250$94,982$81,393$60,180
Midland city$42,188$87,388$79,720$61,190
Midland charter township$-1$83,021$117,734$65,000
Mills township$-1$116,806$77,841$53,264
Beaver township$-1$104,238$85,469$60,278
Williams charter township$-1$83,536$101,339$57,237
Homer township$-1$102,692$146,212$52,596
Larkin charter township$-1$173,906$192,574$71,827
Lincoln township$62,000$130,389$112,188$51,964
Midland County$45,238$91,687$90,347$58,571
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 48642 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+
48642+/-$4,237+/-$5,413+/-$2,167+/-1.7%+/-$14,768+/-$9,771+/-$6,924+/-$4,601
Midland city+/-$3,651+/-$4,706+/-$1,790+/-1.5%+/-$14,280+/-$6,753+/-$5,950+/-$6,392
Midland charter township+/-$11,509+/-$12,190+/-$4,510+/-4.8%+/-$-1+/-$13,612+/-$24,667+/-$10,834
Mills township+/-$15,014+/-$10,412+/-$4,708+/-2.2%+/-$-1+/-$25,809+/-$24,229+/-$12,938
Beaver township+/-$11,935+/-$13,686+/-$4,459+/-3.7%+/-$-1+/-$14,685+/-$26,062+/-$23,310
Williams charter township+/-$13,306+/-$8,412+/-$3,411+/-3.1%+/-$-1+/-$18,432+/-$33,575+/-$32,970
Homer township+/-$14,452+/-$19,552+/-$7,716+/-7.8%+/-$-1+/-$87,196+/-$33,968+/-$19,699
Larkin charter township+/-$40,235+/-$29,341+/-$10,505+/-7.4%+/-$-1+/-$6,581+/-$52,477+/-$8,854
Lincoln township+/-$16,591+/-$8,033+/-$3,098+/-2.9%+/-$20,200+/-$11,285+/-$21,132+/-$13,694
Midland County+/-$2,803+/-$3,099+/-$1,267+/-1.1%+/-$8,729+/-$3,921+/-$5,604+/-$2,636
Bay County+/-$2,180+/-$2,105+/-$878+/-0.7%+/-$9,009+/-$6,035+/-$5,664+/-$2,373