49648 Map

49648 Income Statistics

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Comparison to Surrounding Areas

49648 Median Household Income

The median household income ($90,952) for 49648 is more than 49729 ($78,365), 49615 ($78,750), 49622 ($66,618), 49627 ($62,917), 49629 ($74,318), 49676 ($67,479), Antrim County ($71,421), Banks township ($72,500), Elk Rapids township ($88,576), Milton township ($83,400), and Torch Lake township ($85,972).

49648$90,952
Banks township$72,500
Elk Rapids township$88,576
Milton township$83,400
Torch Lake township$85,972
Antrim County$71,421

49648 Average Household Income

The average household income ($117,311) for 49648 is more than 49729 ($85,080), 49615 ($98,610), 49622 ($92,355), 49627 ($90,895), 49629 ($92,961), 49676 ($91,360), Antrim County ($91,809), Banks township ($82,748), Elk Rapids township ($107,355), Milton township ($103,297), and Torch Lake township ($113,102).

49648$117,311
Banks township$82,748
Elk Rapids township$107,355
Milton township$103,297
Torch Lake township$113,102
Antrim County$91,809

49648 Per-Capita Income

The per-capita income for 49648 is $56,277. The per capita income ($56,277) for 49648 is more than 49729 ($36,188), 49615 ($49,278), 49622 ($39,012), 49627 ($43,560), 49629 ($47,404), 49676 ($39,592), Antrim County ($41,548), Banks township ($35,227), Elk Rapids township ($52,339), Milton township ($47,277), and Torch Lake township ($53,737).

49648$56,277
Banks township$35,227
Elk Rapids township$52,339
Milton township$47,277
Torch Lake township$53,737
Antrim County$41,548

49648 High Income Households

14.8% of households make over $200,000 a year. The percent high income households (14.8%) for 49648 is more than 49729 (3.7%), 49615 (4.6%), 49622 (10.5%), 49627 (3.6%), 49629 (10.7%), 49676 (4.9%), Antrim County (6.8%), Banks township (4.4%), Elk Rapids township (11.3%), Milton township (11.1%), and Torch Lake township (10.9%).

4964814.8%
Banks township4.4%
Elk Rapids township11.3%
Milton township11.1%
Torch Lake township10.9%
Antrim County6.8%

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$90,913$130,972$80,388
Banks township$77,222$83,333$82,344$48,472
Elk Rapids township$-1$99,286$116,964$55,673
Milton township$-1$70,000$97,292$79,063
Torch Lake township$-1$91,301$131,111$62,955
Antrim County$38,365$80,736$79,763$58,618

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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 2023 5-year estimates. You can find this information and other demographics for 49648 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 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+/-$2,801+/-$11,584+/-$6,701+/-4.6%+/-$-1+/-$2,477+/-$50,850+/-$13,702
Banks township+/-$8,459+/-$7,771+/-$3,449+/-3.0%+/-$11,172+/-$17,035+/-$15,725+/-$11,855
Elk Rapids township+/-$9,107+/-$15,358+/-$7,911+/-3.8%+/-$-1+/-$29,698+/-$52,724+/-$11,710
Milton township+/-$12,217+/-$9,645+/-$5,532+/-3.8%+/-$-1+/-$28,793+/-$14,694+/-$20,206
Torch Lake township+/-$13,008+/-$16,409+/-$8,643+/-3.9%+/-$-1+/-$668+/-$27,772+/-$14,987
Antrim County+/-$3,272+/-$4,076+/-$1,680+/-1.0%+/-$13,115+/-$4,127+/-$6,204+/-$4,798