48740 Map

48740 Income Statistics

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Comparison to Surrounding Areas

48740 Median Household Income

The median household income ($51,695) for 48740 is less than the median household income for 48721 ($56,000), 48738 ($59,028), and Harrisville township ($59,167). But it's more than 48705 ($47,917), 48742 ($51,250), 48745 ($41,667), Alcona County ($50,295), Harrisville city ($35,375), Gustin township ($47,500), and Haynes township ($51,250).

48740$51,695
Gustin township$47,500
Harrisville township$59,167
Haynes township$51,250
Harrisville city$35,375
Alcona County$50,295

48740 Average Household Income

The average household income ($68,034) for 48740 is less than the average household income for Harrisville township ($72,199) and Haynes township ($71,169). But it's more than 48745 ($54,613), 48721 ($62,606), 48738 ($67,000), 48742 ($66,318), 48705 ($49,837), Alcona County ($64,847), Gustin township ($54,447), and Harrisville city ($57,813).

48740$68,034
Gustin township$54,447
Harrisville township$72,199
Haynes township$71,169
Harrisville city$57,813
Alcona County$64,847

48740 Per-Capita Income

The per-capita income for 48740 is $30,736. The per capita income ($30,736) for 48740 is less than the per capita income for 48721 ($31,397), 48738 ($33,991), 48742 ($31,671), Alcona County ($31,167), Harrisville township ($31,881), and Haynes township ($34,633). But it's more than 48705 ($25,699), 48745 ($24,586), Gustin township ($24,920), and Harrisville city ($26,803).

48740$30,736
Gustin township$24,920
Harrisville township$31,881
Haynes township$34,633
Harrisville city$26,803
Alcona County$31,167

48740 High Income Households

2.5% of households make over $200,000 a year. The percent high income households (2.5%) for 48740 is more than 48745 (1.8%), 48705 (1.4%), 48721 (1.0%), 48738 (1.7%), 48742 (3.4%), Alcona County (2.8%), Gustin township (0.6%), Harrisville township (2.8%), Haynes township (1.4%), and Harrisville city (4.4%).

487402.5%
Gustin township0.6%
Harrisville township2.8%
Haynes township1.4%
Harrisville city4.4%
Alcona County2.8%

48740 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
48740$26,429$47,692$82,500$47,500
Gustin township$-1$56,250$83,125$36,375
Harrisville township$-1$75,000$67,375$50,313
Haynes township$26,250$49,000$64,375$51,563
Harrisville city$-1$36,750$115,089$32,206
Alcona County$23,359$67,500$54,676$46,941

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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 48740 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+
48740+/-$3,641+/-$5,050+/-$2,206+/-1.2%+/-$7,793+/-$14,982+/-$19,142+/-$5,092
Gustin township+/-$13,489+/-$8,826+/-$2,556+/-1.0%+/-$-1+/-$12,695+/-$64,896+/-$13,010
Harrisville township+/-$14,948+/-$8,295+/-$3,583+/-2.1%+/-$-1+/-$57,644+/-$8,857+/-$6,781
Haynes township+/-$8,101+/-$11,503+/-$5,058+/-1.3%+/-$3,832+/-$41,095+/-$38,193+/-$9,924
Harrisville city+/-$6,978+/-$13,449+/-$5,501+/-3.7%+/-$-1+/-$14,015+/-$104,204+/-$3,406
Alcona County+/-$2,243+/-$2,984+/-$1,327+/-0.8%+/-$4,398+/-$3,875+/-$6,695+/-$2,700