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48748 Income Statistics

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Comparison to Surrounding Areas

48748 Median Household Income

The median household income ($52,708) for 48748 is less than the median household income for 48763 ($57,011), Sherman township ($58,750), Tawas township ($58,813), and Wilber township ($62,885). But it's more than 48770 ($47,619), 48739 ($43,774), 48750 ($41,437), 48765 ($45,583), 48730 ($47,009), Iosco County ($46,224), Grant township ($50,500), and Plainfield township ($41,141).

48748$52,708
Grant township$50,500
Plainfield township$41,141
Sherman township$58,750
Tawas township$58,813
Wilber township$62,885
Iosco County$46,224

48748 Average Household Income

The average household income ($63,204) for 48748 is less than the average household income for 48730 ($65,429), 48763 ($73,190), Sherman township ($65,799), Tawas township ($79,355), and Wilber township ($85,996). But it's more than 48739 ($57,175), 48750 ($50,516), 48765 ($56,691), 48770 ($59,279), Iosco County ($58,793), Grant township ($61,959), and Plainfield township ($52,893).

48748$63,204
Grant township$61,959
Plainfield township$52,893
Sherman township$65,799
Tawas township$79,355
Wilber township$85,996
Iosco County$58,793

48748 Per-Capita Income

The per-capita income for 48748 is $31,467. The per capita income ($31,467) for 48748 is less than the per capita income for 48730 ($34,109), 48763 ($32,158), Tawas township ($33,608), and Wilber township ($45,391). But it's more than 48770 ($23,450), 48739 ($28,092), 48750 ($25,015), 48765 ($28,901), Iosco County ($28,301), Grant township ($28,714), Plainfield township ($25,124), and Sherman township ($30,809).

48748$31,467
Grant township$28,714
Plainfield township$25,124
Sherman township$30,809
Tawas township$33,608
Wilber township$45,391
Iosco County$28,301

48748 High Income Households

1.9% of households make over $200,000 a year. The percent high income households (1.9%) for 48748 is more than 48770 (2.9%), 48730 (4.4%), 48739 (2.7%), 48750 (1.1%), 48763 (3.4%), 48765 (2.0%), Iosco County (2.4%), Grant township (2.1%), Plainfield township (1.8%), Sherman township (3.1%), Tawas township (5.1%), and Wilber township (4.6%).

487481.9%
Grant township2.1%
Plainfield township1.8%
Sherman township3.1%
Tawas township5.1%
Wilber township4.6%
Iosco County2.4%

48748 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
48748$70,833$63,611$52,321$45,192
Grant township$54,375$69,000$63,750$38,977
Plainfield township$-1$87,893$53,800$32,115
Sherman township$-1$67,813$70,000$46,750
Tawas township$-1$89,583$73,472$41,364
Wilber township$-1$62,708$71,250$56,563
Iosco County$51,250$54,536$48,738$38,276

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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 48748 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+
48748+/-$8,484+/-$5,588+/-$4,056+/-1.4%+/-$23,581+/-$8,442+/-$13,178+/-$8,950
Grant township+/-$10,694+/-$6,492+/-$3,864+/-1.5%+/-$23,715+/-$5,430+/-$17,960+/-$7,607
Plainfield township+/-$8,087+/-$5,884+/-$2,576+/-1.4%+/-$-1+/-$28,600+/-$12,772+/-$8,656
Sherman township+/-$15,072+/-$10,546+/-$5,763+/-4.0%+/-$-1+/-$21,609+/-$32,344+/-$9,830
Tawas township+/-$10,492+/-$8,386+/-$3,086+/-2.3%+/-$-1+/-$16,686+/-$31,441+/-$7,660
Wilber township+/-$10,671+/-$20,569+/-$11,226+/-4.5%+/-$-1+/-$15,332+/-$31,276+/-$10,834
Iosco County+/-$2,441+/-$2,361+/-$995+/-0.6%+/-$19,858+/-$3,077+/-$1,639+/-$2,750