48623 Income Statistics

Comparison to Surrounding Areas

48623 Median Household Income

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.

48623 Average Household Income

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.

48623 Per-Capita Income

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.

48623 High Income Households

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%).

4862316.5%
Midland city11.6%
Richland township11.1%
Thomas township10.3%
Tittabawassee township16.4%
Frankenlust township17.8%
Williams charter township11.7%
Ingersoll township9.9%
Midland charter township10.0%
Mount Haley township5.1%
Kochville township3.3%
Midland County11.3%
Saginaw County6.5%
Bay County5.2%

Get High Income Households for all Zip Codes in Michigan.

48623 Median Household Income by Age of Householder

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.

48623 Map

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About the Data

Data Sources

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.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2024 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2024 inflation-adjusted dollars) By Age Of Householder

Margins of Error

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