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48763 Income Statistics

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Comparison to Surrounding Areas

48763 Median Household Income

The median household income ($57,011) for 48763 is less than the median household income for Alabaster township ($71,806), Baldwin township ($68,869), Sherman township ($58,750), and Tawas township ($58,813). But it's more than 48730 ($47,009), 48703 ($54,356), 48770 ($47,619), 48765 ($45,583), 48748 ($52,708), Arenac County ($53,487), Iosco County ($46,224), Tawas City city ($51,143), East Tawas city ($40,833), Grant township ($50,500), and Whitney township ($49,135).

48763$57,011
Tawas City city$51,143
Tawas township$58,813
East Tawas city$40,833
Whitney township$49,135
Alabaster township$71,806
Baldwin township$68,869
Grant township$50,500
Sherman township$58,750
Iosco County$46,224
Arenac County$53,487

48763 Average Household Income

The average household income ($73,190) for 48763 is less than the average household income for Whitney township ($75,038), Alabaster township ($97,441), Baldwin township ($95,912), and Tawas township ($79,355). But it's more than 48730 ($65,429), 48703 ($71,879), 48770 ($59,279), 48765 ($56,691), 48748 ($63,204), Arenac County ($65,772), Iosco County ($58,793), Tawas City city ($61,697), East Tawas city ($50,356), Sherman township ($65,799), and Grant township ($61,959).

48763$73,190
Tawas City city$61,697
Tawas township$79,355
East Tawas city$50,356
Whitney township$75,038
Alabaster township$97,441
Baldwin township$95,912
Grant township$61,959
Sherman township$65,799
Iosco County$58,793
Arenac County$65,772

48763 Per-Capita Income

The per-capita income for 48763 is $32,158. The per capita income ($32,158) for 48763 is less than the per capita income for 48703 ($35,742), 48730 ($34,109), Whitney township ($38,357), Alabaster township ($46,721), Baldwin township ($38,280), and Tawas township ($33,608). But it's more than 48765 ($28,901), 48748 ($31,467), 48770 ($23,450), Arenac County ($29,246), Iosco County ($28,301), Tawas City city ($28,529), East Tawas city ($29,632), Sherman township ($30,809), and Grant township ($28,714).

48763$32,158
Tawas City city$28,529
Tawas township$33,608
East Tawas city$29,632
Whitney township$38,357
Alabaster township$46,721
Baldwin township$38,280
Grant township$28,714
Sherman township$30,809
Iosco County$28,301
Arenac County$29,246

48763 High Income Households

3.4% of households make over $200,000 a year. The percent high income households (3.4%) for 48763 is more than 48730 (4.4%), 48703 (3.3%), 48770 (2.9%), 48765 (2.0%), 48748 (1.9%), Arenac County (2.4%), Iosco County (2.4%), Tawas township (5.1%), East Tawas city (1.5%), Tawas City city (2.1%), Sherman township (3.1%), Grant township (2.1%), Baldwin township (9.8%), Alabaster township (4.4%), and Whitney township (6.1%).

487633.4%
Tawas City city2.1%
Tawas township5.1%
East Tawas city1.5%
Whitney township6.1%
Alabaster township4.4%
Baldwin township9.8%
Grant township2.1%
Sherman township3.1%
Iosco County2.4%
Arenac County2.4%

48763 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
48763$68,125$70,556$65,250$43,813
Tawas City city$65,000$60,795$51,010$36,667
Tawas township$-1$89,583$73,472$41,364
East Tawas city$-1$34,535$41,217$40,259
Whitney township$-1$57,917$48,261$52,083
Alabaster township$-1$110,000$72,500$62,250
Baldwin township$-1$94,167$70,288$57,125
Grant township$54,375$69,000$63,750$38,977
Sherman township$-1$67,813$70,000$46,750
Iosco County$51,250$54,536$48,738$38,276
Arenac County$41,643$62,442$54,167$48,016

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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 48763 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+
48763+/-$3,638+/-$4,877+/-$1,925+/-1.1%+/-$66,312+/-$8,641+/-$15,169+/-$5,983
Tawas City city+/-$4,561+/-$6,127+/-$2,874+/-1.5%+/-$21,124+/-$13,827+/-$9,312+/-$14,019
Tawas township+/-$10,492+/-$8,386+/-$3,086+/-2.3%+/-$-1+/-$16,686+/-$31,441+/-$7,660
East Tawas city+/-$4,278+/-$5,466+/-$3,179+/-1.6%+/-$-1+/-$16,127+/-$6,313+/-$5,653
Whitney township+/-$5,503+/-$15,108+/-$7,359+/-4.4%+/-$-1+/-$40,727+/-$4,555+/-$9,480
Alabaster township+/-$13,140+/-$19,977+/-$10,081+/-3.6%+/-$-1+/-$32,323+/-$12,898+/-$8,735
Baldwin township+/-$12,937+/-$17,725+/-$5,550+/-5.9%+/-$-1+/-$29,536+/-$31,176+/-$4,342
Grant township+/-$10,694+/-$6,492+/-$3,864+/-1.5%+/-$23,715+/-$5,430+/-$17,960+/-$7,607
Sherman township+/-$15,072+/-$10,546+/-$5,763+/-4.0%+/-$-1+/-$21,609+/-$32,344+/-$9,830
Iosco County+/-$2,441+/-$2,361+/-$995+/-0.6%+/-$19,858+/-$3,077+/-$1,639+/-$2,750
Arenac County+/-$2,018+/-$2,443+/-$1,071+/-0.6%+/-$6,443+/-$6,035+/-$2,911+/-$3,385