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48706 Income Statistics

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Comparison to Surrounding Areas

48706 Median Household Income

The median household income ($58,211) for 48706 is less than the median household income for 48611 ($78,488), 48623 ($91,964), 48631 ($75,100), 48634 ($72,284), Monitor charter township ($75,084), Williams charter township ($84,873), and Frankenlust township ($92,344). But it's more than 48604 ($52,285), 48708 ($47,024), 48710 ($-1), 48732 ($52,104), Bay County ($57,887), Bangor charter township ($50,596), and Bay City city ($45,026).

48706$58,211
Bangor charter township$50,596
Frankenlust township$92,344
Monitor charter township$75,084
Williams charter township$84,873
Bay City city$45,026
Bay County$57,887

48706 Average Household Income

The average household income ($75,204) for 48706 is less than the average household income for 48634 ($90,901), 48611 ($91,942), 48623 ($115,975), 48631 ($95,560), Bay County ($75,302), Frankenlust township ($111,101), Monitor charter township ($91,374), and Williams charter township ($95,536). But it's more than 48604 ($72,800), 48708 ($65,809), 48710 ($-1), 48732 ($71,214), Bangor charter township ($70,561), and Bay City city ($61,666).

48706$75,204
Bangor charter township$70,561
Frankenlust township$111,101
Monitor charter township$91,374
Williams charter township$95,536
Bay City city$61,666
Bay County$75,302

48706 Per-Capita Income

The per-capita income for 48706 is $33,482. The per capita income ($33,482) for 48706 is less than the per capita income for 48611 ($40,224), 48623 ($40,595), 48631 ($42,237), 48634 ($41,391), Monitor charter township ($38,663), Williams charter township ($38,663), and Frankenlust township ($45,481). But it's more than 48604 ($27,238), 48708 ($29,675), 48710 ($-1), 48732 ($32,939), Bay County ($33,331), Bangor charter township ($32,776), and Bay City city ($27,970).

48706$33,482
Bangor charter township$32,776
Frankenlust township$45,481
Monitor charter township$38,663
Williams charter township$38,663
Bay City city$27,970
Bay County$33,331

48706 High Income Households

4.5% of households make over $200,000 a year. The percent high income households (4.5%) for 48706 is more than 48732 (4.9%), 48611 (3.9%), 48623 (11.9%), 48631 (7.4%), 48634 (4.7%), 48708 (4.4%), 48710 (-1.0%), 48604 (5.2%), Bay County (4.5%), Bangor charter township (4.4%), Frankenlust township (11.0%), Monitor charter township (6.8%), Williams charter township (5.3%), and Bay City city (3.2%).

487064.5%
Bangor charter township4.4%
Frankenlust township11.0%
Monitor charter township6.8%
Williams charter township5.3%
Bay City city3.2%
Bay County4.5%

48706 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
48706$38,155$63,440$74,428$46,982
Bangor charter township$33,762$52,154$64,725$39,322
Frankenlust township$-1$78,732$137,875$75,268
Monitor charter township$48,269$106,853$92,427$54,458
Williams charter township$-1$90,750$118,387$42,368
Bay City city$35,714$52,953$46,630$39,720
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 48706 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+
48706+/-$3,986+/-$3,278+/-$1,410+/-0.9%+/-$11,372+/-$6,640+/-$10,697+/-$5,352
Bangor charter township+/-$6,586+/-$5,913+/-$2,625+/-1.7%+/-$15,347+/-$23,054+/-$19,037+/-$3,832
Frankenlust township+/-$14,191+/-$11,900+/-$5,193+/-4.5%+/-$-1+/-$2,425+/-$55,671+/-$25,372
Monitor charter township+/-$8,504+/-$8,267+/-$3,536+/-2.9%+/-$12,865+/-$22,095+/-$8,203+/-$8,910
Williams charter township+/-$21,825+/-$11,077+/-$3,392+/-3.7%+/-$-1+/-$15,208+/-$46,381+/-$29,055
Bay City city+/-$2,066+/-$3,721+/-$1,661+/-1.1%+/-$11,838+/-$5,449+/-$5,132+/-$5,323
Bay County+/-$2,395+/-$1,949+/-$793+/-0.6%+/-$9,976+/-$4,023+/-$5,174+/-$1,891