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49648 Map

49648 Income Statistics

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Comparison to Surrounding Areas

49648 Median Household Income

The median household income ($85,995) for 49648 is more than 49729 ($75,455), 49615 ($72,065), 49622 ($62,857), 49627 ($52,159), 49629 ($80,515), 49676 ($64,481), Antrim County ($68,850), Banks township ($67,750), Elk Rapids township ($85,993), Milton township ($83,917), and Torch Lake township ($81,875).

49648$85,995
Banks township$67,750
Elk Rapids township$85,993
Milton township$83,917
Torch Lake township$81,875
Antrim County$68,850

49648 Average Household Income

The average household income ($104,710) for 49648 is less than the average household income for Elk Rapids township ($105,802). But it's more than 49729 ($86,672), 49622 ($84,848), 49627 ($81,844), 49629 ($94,362), 49676 ($88,121), 49615 ($88,916), Antrim County ($87,433), Banks township ($84,036), Milton township ($98,111), and Torch Lake township ($103,371).

49648$104,710
Banks township$84,036
Elk Rapids township$105,802
Milton township$98,111
Torch Lake township$103,371
Antrim County$87,433

49648 Per-Capita Income

The per-capita income for 49648 is $49,088. The per capita income ($49,088) for 49648 is less than the per capita income for Elk Rapids township ($50,767). But it's more than 49729 ($37,517), 49622 ($35,571), 49627 ($40,300), 49629 ($47,081), 49676 ($37,240), 49615 ($44,792), Antrim County ($39,166), Banks township ($37,626), Milton township ($43,526), and Torch Lake township ($47,585).

49648$49,088
Banks township$37,626
Elk Rapids township$50,767
Milton township$43,526
Torch Lake township$47,585
Antrim County$39,166

49648 High Income Households

10.5% of households make over $200,000 a year. The percent high income households (10.5%) for 49648 is more than 49729 (3.8%), 49615 (3.8%), 49622 (6.7%), 49627 (3.7%), 49629 (10.0%), 49676 (3.9%), Antrim County (5.8%), Banks township (4.4%), Elk Rapids township (12.1%), Milton township (7.7%), and Torch Lake township (9.3%).

4964810.5%
Banks township4.4%
Elk Rapids township12.1%
Milton township7.7%
Torch Lake township9.3%
Antrim County5.8%

49648 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
49648$-1$86,130$108,750$72,083
Banks township$59,583$77,250$80,417$51,625
Elk Rapids township$-1$94,500$115,275$59,792
Milton township$-1$65,208$108,333$75,337
Torch Lake township$58,333$86,233$114,063$52,014
Antrim County$42,659$77,813$77,585$57,386

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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 49648 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+
49648+/-$3,614+/-$8,863+/-$4,565+/-3.2%+/-$-1+/-$6,630+/-$27,137+/-$20,748
Banks township+/-$8,505+/-$9,235+/-$4,423+/-2.4%+/-$27,938+/-$26,594+/-$10,300+/-$7,725
Elk Rapids township+/-$5,199+/-$16,085+/-$7,901+/-5.0%+/-$-1+/-$16,696+/-$40,274+/-$19,178
Milton township+/-$14,445+/-$8,815+/-$4,819+/-3.1%+/-$-1+/-$27,565+/-$27,628+/-$15,659
Torch Lake township+/-$15,452+/-$10,357+/-$5,141+/-3.4%+/-$44,372+/-$651+/-$22,549+/-$15,599
Antrim County+/-$3,115+/-$3,554+/-$1,519+/-1.0%+/-$10,758+/-$4,074+/-$6,035+/-$4,258