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48723 Income Statistics

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Comparison to Surrounding Areas

48723 Median Household Income

The median household income ($56,116) for 48723 is less than the median household income for 48701 ($58,239), 48768 ($58,539), 48767 ($71,023), 48741 ($59,327), 48729 ($57,813), 48726 ($62,232), Tuscola County ($59,815), Wells township ($71,442), Juniata township ($62,500), Elmwood township ($61,842), Ellington township ($74,375), Dayton township ($59,808), and Columbia township ($71,921). But it's more than 48733 ($50,000), 48744 ($55,116), Fremont township ($53,733), Almer township ($56,037), Caro city ($44,342), Indianfields township ($54,375), and Fairgrove township ($53,421).

48723$56,116
Caro city$44,342
Almer township$56,037
Columbia township$71,921
Dayton township$59,808
Ellington township$74,375
Elmwood township$61,842
Fairgrove township$53,421
Fremont township$53,733
Indianfields township$54,375
Juniata township$62,500
Wells township$71,442
Tuscola County$59,815

48723 Average Household Income

The average household income ($70,469) for 48723 is less than the average household income for 48701 ($88,290), 48767 ($77,074), 48744 ($72,264), 48729 ($76,359), 48726 ($74,471), Tuscola County ($73,290), Fremont township ($71,390), Juniata township ($81,246), Wells township ($78,413), Elmwood township ($71,934), Ellington township ($82,059), Dayton township ($73,501), Columbia township ($81,459), and Almer township ($71,258). But it's more than 48733 ($62,558), 48741 ($62,802), 48768 ($68,663), Fairgrove township ($64,623), Indianfields township ($68,478), and Caro city ($59,002).

48723$70,469
Caro city$59,002
Almer township$71,258
Columbia township$81,459
Dayton township$73,501
Ellington township$82,059
Elmwood township$71,934
Fairgrove township$64,623
Fremont township$71,390
Indianfields township$68,478
Juniata township$81,246
Wells township$78,413
Tuscola County$73,290

48723 Per-Capita Income

The per-capita income for 48723 is $29,952. The per capita income ($29,952) for 48723 is less than the per capita income for 48701 ($37,849), 48767 ($35,956), 48744 ($32,082), 48729 ($30,589), 48726 ($30,018), Tuscola County ($30,698), Fremont township ($33,334), Juniata township ($33,971), Wells township ($32,746), Elmwood township ($31,785), Ellington township ($32,394), Dayton township ($30,549), Columbia township ($39,395), and Almer township ($31,714). But it's more than 48733 ($27,962), 48741 ($25,297), 48768 ($27,948), Fairgrove township ($27,412), Indianfields township ($26,844), and Caro city ($27,429).

48723$29,952
Caro city$27,429
Almer township$31,714
Columbia township$39,395
Dayton township$30,549
Ellington township$32,394
Elmwood township$31,785
Fairgrove township$27,412
Fremont township$33,334
Indianfields township$26,844
Juniata township$33,971
Wells township$32,746
Tuscola County$30,698

48723 High Income Households

2.5% of households make over $200,000 a year. The percent high income households (2.5%) for 48723 is more than 48701 (4.6%), 48768 (2.0%), 48767 (2.1%), 48744 (5.2%), 48741 (0.0%), 48733 (2.2%), 48729 (6.0%), 48726 (3.2%), Tuscola County (3.0%), Juniata township (2.4%), Wells township (1.2%), Caro city (2.1%), Indianfields township (2.7%), Fremont township (4.3%), Fairgrove township (2.5%), Elmwood township (1.9%), Ellington township (1.9%), Dayton township (7.1%), Columbia township (2.2%), and Almer township (1.2%).

487232.5%
Caro city2.1%
Almer township1.2%
Columbia township2.2%
Dayton township7.1%
Ellington township1.9%
Elmwood township1.9%
Fairgrove township2.5%
Fremont township4.3%
Indianfields township2.7%
Juniata township2.4%
Wells township1.2%
Tuscola County3.0%

48723 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
48723$47,813$74,243$59,037$42,225
Caro city$34,856$72,632$40,302$31,546
Almer township$-1$82,000$56,513$44,125
Columbia township$42,143$71,923$84,107$63,750
Dayton township$-1$70,700$71,000$42,279
Ellington township$-1$113,125$90,250$56,786
Elmwood township$-1$77,292$62,083$49,107
Fairgrove township$-1$62,708$46,000$45,833
Fremont township$30,795$86,806$56,798$46,135
Indianfields township$-1$66,250$60,938$40,815
Juniata township$-1$76,528$69,423$51,875
Wells township$-1$72,045$95,625$56,250
Tuscola County$44,821$72,044$72,432$44,373

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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 48723 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+
48723+/-$4,310+/-$5,410+/-$1,789+/-1.2%+/-$36,204+/-$10,284+/-$11,424+/-$5,824
Caro city+/-$6,762+/-$8,926+/-$3,517+/-2.2%+/-$25,822+/-$29,295+/-$13,722+/-$13,558
Almer township+/-$10,375+/-$7,604+/-$2,880+/-1.1%+/-$-1+/-$37,239+/-$25,758+/-$8,160
Columbia township+/-$9,049+/-$9,198+/-$6,168+/-1.4%+/-$24,017+/-$13,405+/-$21,898+/-$22,462
Dayton township+/-$10,097+/-$8,074+/-$3,162+/-4.1%+/-$-1+/-$7,576+/-$5,599+/-$8,824
Ellington township+/-$18,811+/-$11,159+/-$2,734+/-1.7%+/-$-1+/-$36,643+/-$10,141+/-$11,088
Elmwood township+/-$9,179+/-$7,857+/-$3,476+/-2.4%+/-$-1+/-$23,237+/-$15,066+/-$10,101
Fairgrove township+/-$8,065+/-$6,972+/-$2,790+/-1.6%+/-$-1+/-$6,212+/-$29,376+/-$7,975
Fremont township+/-$6,884+/-$11,208+/-$4,559+/-3.5%+/-$10,140+/-$46,307+/-$18,756+/-$1,799
Indianfields township+/-$10,973+/-$7,818+/-$3,072+/-2.5%+/-$-1+/-$22,608+/-$23,262+/-$11,373
Juniata township+/-$9,995+/-$11,251+/-$3,606+/-1.8%+/-$-1+/-$16,489+/-$15,419+/-$11,990
Wells township+/-$8,862+/-$6,106+/-$2,817+/-1.4%+/-$-1+/-$20,515+/-$21,111+/-$13,205
Tuscola County+/-$1,888+/-$2,424+/-$857+/-0.5%+/-$10,884+/-$2,979+/-$6,343+/-$1,934