Comparison to Surrounding Areas
The median household income ($101,250) for 48623 is less than the median household income for Tittabawassee township ($107,146). But it's more than 48609 ($78,218), 48604 ($53,042), 48603 ($66,352), 48706 ($62,747), 48642 ($77,847), 48640 ($80,574), 48637 ($65,865), 48626 ($84,360), 48611 ($87,963), Bay County ($61,763), Midland County ($77,705), Saginaw County ($60,622), Midland city ($73,325), Thomas township ($79,710), Richland township ($84,000), Kochville township ($42,333), Mount Haley township ($77,361), Midland charter township ($91,518), Ingersoll township ($99,063), Williams charter township ($87,380), and Frankenlust township ($92,685).
| 48623 | $101,250 |
| Midland city | $73,325 |
| Richland township | $84,000 |
| Thomas township | $79,710 |
| Tittabawassee township | $107,146 |
| Frankenlust township | $92,685 |
| Williams charter township | $87,380 |
| Ingersoll township | $99,063 |
| Midland charter township | $91,518 |
| Mount Haley township | $77,361 |
| Kochville township | $42,333 |
| Midland County | $77,705 |
| Saginaw County | $60,622 |
| Bay County | $61,763 |
Get Median Household Income for all Zip Codes in Michigan.
The average household income ($125,704) for 48623 is less than the average household income for Tittabawassee township ($126,310). But it's more than 48609 ($92,013), 48604 ($79,562), 48603 ($91,943), 48706 ($80,915), 48642 ($106,320), 48640 ($107,911), 48637 ($78,479), 48626 ($109,345), 48611 ($99,461), Bay County ($79,153), Midland County ($104,160), Saginaw County ($82,545), Midland city ($101,215), Thomas township ($101,010), Richland township ($110,943), Kochville township ($64,791), Mount Haley township ($97,512), Midland charter township ($108,620), Ingersoll township ($110,242), Williams charter township ($107,300), and Frankenlust township ($112,843).
| 48623 | $125,704 |
| Midland city | $101,215 |
| Richland township | $110,943 |
| Thomas township | $101,010 |
| Tittabawassee township | $126,310 |
| Frankenlust township | $112,843 |
| Williams charter township | $107,300 |
| Ingersoll township | $110,242 |
| Midland charter township | $108,620 |
| Mount Haley township | $97,512 |
| Kochville township | $64,791 |
| Midland County | $104,160 |
| Saginaw County | $82,545 |
| Bay County | $79,153 |
Get Average Household Income for all Zip Codes in Michigan.
The per-capita income for 48623 is $44,097. The per capita income ($44,097) for 48623 is less than the per capita income for 48640 ($44,720), 48642 ($44,959), Frankenlust township ($47,645), Williams charter township ($45,136), Ingersoll township ($45,616), and Thomas township ($44,601). But it's more than 48609 ($40,902), 48604 ($30,278), 48603 ($41,492), 48706 ($36,643), 48637 ($32,546), 48626 ($42,864), 48611 ($43,637), Bay County ($35,602), Midland County ($43,622), Saginaw County ($34,578), Midland city ($44,053), Tittabawassee township ($41,505), Richland township ($43,386), Kochville township ($17,904), Mount Haley township ($39,625), and Midland charter township ($39,020).
| 48623 | $44,097 |
| Midland city | $44,053 |
| Richland township | $43,386 |
| Thomas township | $44,601 |
| Tittabawassee township | $41,505 |
| Frankenlust township | $47,645 |
| Williams charter township | $45,136 |
| Ingersoll township | $45,616 |
| Midland charter township | $39,020 |
| Mount Haley township | $39,625 |
| Kochville township | $17,904 |
| Midland County | $43,622 |
| Saginaw County | $34,578 |
| Bay County | $35,602 |
Get Per-Capita Income for all Zip Codes in Michigan.
16.5% of households make over $200,000 a year. The percent high income households (16.5%) for 48623 is less than the percent high income households for Frankenlust township (17.8%). But it's more than 48609 (7.8%), 48604 (4.1%), 48603 (9.3%), 48706 (6.0%), 48642 (12.1%), 48640 (12.5%), 48637 (4.9%), 48626 (9.1%), 48611 (8.3%), Bay County (5.2%), Midland County (11.3%), Saginaw County (6.5%), Midland city (11.6%), Tittabawassee township (16.4%), Thomas township (10.3%), Richland township (11.1%), Kochville township (3.3%), Mount Haley township (5.1%), Midland charter township (10.0%), Ingersoll township (9.9%), and Williams charter township (11.7%).
| 48623 | 16.5% |
| Midland city | 11.6% |
| Richland township | 11.1% |
| Thomas township | 10.3% |
| Tittabawassee township | 16.4% |
| Frankenlust township | 17.8% |
| Williams charter township | 11.7% |
| Ingersoll township | 9.9% |
| Midland charter township | 10.0% |
| Mount Haley township | 5.1% |
| Kochville township | 3.3% |
| Midland County | 11.3% |
| Saginaw County | 6.5% |
| Bay County | 5.2% |
Get High Income Households for all Zip Codes in Michigan.
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 48623 | $48,194 | $106,667 | $121,250 | $70,125 |
| Midland city | $44,071 | $85,170 | $80,862 | $60,199 |
| Richland township | $43,333 | $80,000 | $117,259 | $56,420 |
| Thomas township | $48,387 | $106,078 | $85,272 | $58,873 |
| Tittabawassee township | $-1 | $110,489 | $122,888 | $67,500 |
| Frankenlust township | $-1 | $83,263 | $151,458 | $69,375 |
| Williams charter township | $-1 | $85,325 | $126,250 | $73,047 |
| Ingersoll township | $52,969 | $109,688 | $114,500 | $75,500 |
| Midland charter township | $-1 | $90,682 | $130,647 | $78,250 |
| Mount Haley township | $-1 | $112,885 | $85,536 | $65,625 |
| Kochville township | $14,519 | $96,563 | $81,919 | $49,417 |
| Midland County | $51,875 | $92,866 | $92,802 | $57,924 |
| Saginaw County | $37,995 | $65,146 | $75,359 | $49,883 |
| Bay County | $49,375 | $74,003 | $72,160 | $45,634 |
Get Median Household Income by Age of Householder for all Zip Codes in Michigan.
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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2024 5-year estimates. You can find this information and other demographics for 48623 on the US Census Bureau’s website. These values are in 2024 inflation-adjusted dollars and were downloaded on 29 January 2026.
Margins of error for the 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+ | |||||
| 48623 | +/-$11,353 | +/-$8,835 | +/-$2,840 | +/-3.0% | +/-$41,577 | +/-$15,354 | +/-$13,487 | +/-$14,202 |
| Midland city | +/-$5,223 | +/-$5,336 | +/-$2,074 | +/-1.7% | +/-$22,922 | +/-$7,753 | +/-$6,000 | +/-$6,327 |
| Richland township | +/-$31,997 | +/-$21,996 | +/-$7,846 | +/-5.4% | +/-$21,425 | +/-$46,738 | +/-$63,117 | +/-$12,148 |
| Thomas township | +/-$8,367 | +/-$8,607 | +/-$3,793 | +/-2.7% | +/-$32,782 | +/-$23,404 | +/-$14,855 | +/-$17,180 |
| Tittabawassee township | +/-$13,452 | +/-$9,866 | +/-$3,101 | +/-3.9% | +/-$-1 | +/-$18,352 | +/-$21,822 | +/-$18,296 |
| Frankenlust township | +/-$18,723 | +/-$14,893 | +/-$5,155 | +/-8.1% | +/-$-1 | +/-$10,526 | +/-$41,416 | +/-$15,303 |
| Williams charter township | +/-$22,075 | +/-$14,686 | +/-$5,499 | +/-5.1% | +/-$-1 | +/-$22,530 | +/-$44,817 | +/-$36,892 |
| Ingersoll township | +/-$16,595 | +/-$11,780 | +/-$4,139 | +/-4.1% | +/-$12,276 | +/-$29,299 | +/-$10,116 | +/-$25,501 |
| Midland charter township | +/-$14,100 | +/-$9,234 | +/-$3,885 | +/-4.5% | +/-$-1 | +/-$15,932 | +/-$31,189 | +/-$20,080 |
| Mount Haley township | +/-$8,451 | +/-$13,169 | +/-$4,833 | +/-2.9% | +/-$-1 | +/-$29,834 | +/-$9,002 | +/-$13,931 |
| Kochville township | +/-$12,532 | +/-$9,164 | +/-$2,502 | +/-2.2% | +/-$6,318 | +/-$34,515 | +/-$28,674 | +/-$15,304 |
| Midland County | +/-$2,331 | +/-$3,556 | +/-$1,448 | +/-1.1% | +/-$21,403 | +/-$4,982 | +/-$5,678 | +/-$4,405 |
| Saginaw County | +/-$1,588 | +/-$1,986 | +/-$791 | +/-0.6% | +/-$6,390 | +/-$3,989 | +/-$4,181 | +/-$1,692 |
| Bay County | +/-$2,526 | +/-$2,338 | +/-$936 | +/-0.7% | +/-$9,724 | +/-$6,588 | +/-$6,028 | +/-$2,331 |