48662 Map

48662 Income Statistics

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Comparison to Surrounding Areas

48662 Median Household Income

The median household income ($65,270) for 48662 is less than the median household income for 48640 ($76,693), Midland County ($73,643), Lafayette township ($67,269), and Porter township ($72,500). But it's more than 48847 ($61,809), 48637 ($61,100), 48655 ($63,947), 48806 ($57,083), 48614 ($54,286), 48615 ($62,768), Gratiot County ($57,934), Hamilton township ($54,688), and Wheeler township ($57,332).

48662$65,270
Hamilton township$54,688
Lafayette township$67,269
Wheeler township$57,332
Porter township$72,500
Gratiot County$57,934
Midland County$73,643

48662 Average Household Income

The average household income ($82,557) for 48662 is less than the average household income for 48640 ($102,781), Midland County ($99,402), and Porter township ($84,494). But it's more than 48847 ($78,993), 48615 ($79,263), 48637 ($78,139), 48655 ($77,479), 48806 ($73,906), 48614 ($64,941), Gratiot County ($77,560), Hamilton township ($81,842), Lafayette township ($82,037), and Wheeler township ($74,249).

48662$82,557
Hamilton township$81,842
Lafayette township$82,037
Wheeler township$74,249
Porter township$84,494
Gratiot County$77,560
Midland County$99,402

48662 Per-Capita Income

The per-capita income for 48662 is $34,819. The per capita income ($34,819) for 48662 is less than the per capita income for 48640 ($41,987), Midland County ($41,594), and Hamilton township ($36,583). But it's more than 48847 ($32,334), 48615 ($30,842), 48637 ($32,015), 48655 ($31,513), 48806 ($27,956), 48614 ($27,253), Gratiot County ($28,123), Lafayette township ($33,583), Wheeler township ($29,115), and Porter township ($33,836).

48662$34,819
Hamilton township$36,583
Lafayette township$33,583
Wheeler township$29,115
Porter township$33,836
Gratiot County$28,123
Midland County$41,594

48662 High Income Households

6.0% of households make over $200,000 a year. The percent high income households (6.0%) for 48662 is more than 48847 (4.7%), 48614 (1.9%), 48615 (3.0%), 48637 (4.1%), 48640 (11.2%), 48655 (2.3%), 48806 (2.0%), Midland County (10.2%), Gratiot County (4.1%), Hamilton township (3.6%), Lafayette township (2.7%), Wheeler township (3.6%), and Porter township (5.6%).

486626.0%
Hamilton township3.6%
Lafayette township2.7%
Wheeler township3.6%
Porter township5.6%
Gratiot County4.1%
Midland County10.2%

48662 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
48662$-1$76,406$66,979$47,500
Hamilton township$-1$-1$60,833$51,250
Lafayette township$-1$70,625$76,484$66,200
Wheeler township$-1$68,750$58,750$45,417
Porter township$-1$75,417$77,188$56,429
Gratiot County$43,456$66,720$69,449$40,155
Midland County$41,620$85,484$88,944$55,564

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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 48662 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+
48662+/-$13,318+/-$9,963+/-$3,970+/-3.6%+/-$-1+/-$27,179+/-$27,235+/-$15,062
Hamilton township+/-$7,250+/-$16,459+/-$7,403+/-2.4%+/-$-1+/-$-1+/-$15,569+/-$16,312
Lafayette township+/-$11,577+/-$12,602+/-$5,279+/-2.9%+/-$-1+/-$64,302+/-$8,372+/-$3,678
Wheeler township+/-$4,194+/-$7,051+/-$2,602+/-2.7%+/-$-1+/-$13,823+/-$15,067+/-$8,440
Porter township+/-$8,217+/-$9,324+/-$3,129+/-2.9%+/-$-1+/-$36,474+/-$21,348+/-$30,993
Gratiot County+/-$2,238+/-$3,793+/-$1,362+/-0.9%+/-$10,646+/-$2,255+/-$5,392+/-$2,444
Midland County+/-$3,212+/-$3,443+/-$1,352+/-1.1%+/-$9,686+/-$5,373+/-$4,341+/-$3,735