48662 Map

48662 Income Statistics

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Comparison to Surrounding Areas

48662 Median Household Income

The median household income ($69,112) for 48662 is less than the median household income for 48615 ($72,656), 48640 ($81,630), Midland County ($77,538), Lafayette township ($75,313), and Porter township ($74,653). But it's more than 48847 ($63,967), 48637 ($63,900), 48655 ($64,615), 48806 ($58,214), 48614 ($60,568), Gratiot County ($61,128), Hamilton township ($58,750), and Wheeler township ($62,964).

48662$69,112
Hamilton township$58,750
Lafayette township$75,313
Wheeler township$62,964
Porter township$74,653
Gratiot County$61,128
Midland County$77,538

48662 Average Household Income

The average household income ($84,489) for 48662 is less than the average household income for 48615 ($85,554), 48640 ($106,057), Midland County ($102,291), Hamilton township ($94,987), Lafayette township ($94,763), and Porter township ($84,728). But it's more than 48637 ($75,519), 48806 ($75,125), 48847 ($83,593), 48614 ($68,935), 48655 ($84,128), Gratiot County ($81,865), and Wheeler township ($79,634).

48662$84,489
Hamilton township$94,987
Lafayette township$94,763
Wheeler township$79,634
Porter township$84,728
Gratiot County$81,865
Midland County$102,291

48662 Per-Capita Income

The per-capita income for 48662 is $35,870. The per capita income ($35,870) for 48662 is less than the per capita income for 48640 ($43,218), Midland County ($42,734), Hamilton township ($39,678), and Lafayette township ($39,291). But it's more than 48847 ($33,750), 48637 ($30,912), 48655 ($34,893), 48806 ($27,887), 48614 ($29,623), 48615 ($33,592), Gratiot County ($29,558), Wheeler township ($31,378), and Porter township ($34,955).

48662$35,870
Hamilton township$39,678
Lafayette township$39,291
Wheeler township$31,378
Porter township$34,955
Gratiot County$29,558
Midland County$42,734

48662 High Income Households

5.2% of households make over $200,000 a year. The percent high income households (5.2%) for 48662 is less than the percent high income households for 48640 (11.5%), 48847 (5.3%), Midland County (10.5%), Hamilton township (10.2%), and Porter township (5.8%). But it's more than 48806 (2.1%), 48615 (4.8%), 48637 (4.5%), 48655 (3.9%), 48614 (2.8%), Gratiot County (4.6%), Lafayette township (4.2%), and Wheeler township (4.7%).

486625.2%
Hamilton township10.2%
Lafayette township4.2%
Wheeler township4.7%
Porter township5.8%
Gratiot County4.6%
Midland County10.5%

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$80,764$76,250$50,000
Hamilton township$-1$117,917$56,750$57,813
Lafayette township$-1$69,375$79,688$69,219
Wheeler township$-1$77,986$64,063$45,682
Porter township$-1$80,938$86,364$53,750
Gratiot County$46,278$69,530$73,469$43,008
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 48662 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+
48662+/-$6,672+/-$11,066+/-$4,900+/-3.3%+/-$-1+/-$9,855+/-$25,323+/-$16,086
Hamilton township+/-$10,165+/-$28,144+/-$9,086+/-6.4%+/-$-1+/-$23,217+/-$10,628+/-$16,844
Lafayette township+/-$11,778+/-$16,851+/-$7,380+/-3.2%+/-$-1+/-$44,034+/-$9,336+/-$6,592
Wheeler township+/-$6,497+/-$7,191+/-$2,993+/-2.2%+/-$-1+/-$13,588+/-$13,942+/-$13,998
Porter township+/-$8,133+/-$9,433+/-$4,017+/-2.8%+/-$-1+/-$31,224+/-$18,517+/-$10,443
Gratiot County+/-$2,280+/-$4,293+/-$1,469+/-1.0%+/-$10,627+/-$2,869+/-$7,279+/-$3,098
Midland County+/-$2,803+/-$3,099+/-$1,267+/-1.1%+/-$8,729+/-$3,921+/-$5,604+/-$2,636