48640 Income Statistics
Comparison to Surrounding Areas
48640 Median Household Income
The median household income ($80,574) for 48640 is less than the median household income for 48623 ($101,250), 48626 ($84,360), Homer township ($117,295), Ingersoll township ($99,063), and Midland charter township ($91,518). But it's more than 48883 ($65,223), 48615 ($70,000), 48637 ($65,865), 48642 ($77,847), 48657 ($72,500), 48662 ($70,321), 48880 ($59,922), Midland County ($77,705), Greendale township ($55,682), Jasper township ($80,417), Lee township ($54,144), Mount Haley township ($77,361), Porter township ($76,316), and Midland city ($73,325).
| 48640 | $80,574 |
| Midland city | $73,325 |
| Greendale township | $55,682 |
| Homer township | $117,295 |
| Ingersoll township | $99,063 |
| Jasper township | $80,417 |
| Lee township | $54,144 |
| Midland charter township | $91,518 |
| Mount Haley township | $77,361 |
| Porter township | $76,316 |
| Midland County | $77,705 |
Get Median Household Income for all Zip Codes in Michigan.
48640 Average Household Income
The average household income ($107,911) for 48640 is less than the average household income for 48623 ($125,704), 48626 ($109,345), Homer township ($126,339), Ingersoll township ($110,242), and Midland charter township ($108,620). But it's more than 48883 ($78,409), 48615 ($85,526), 48637 ($78,479), 48642 ($106,320), 48657 ($99,894), 48662 ($80,025), 48880 ($73,448), Midland County ($104,160), Greendale township ($74,994), Jasper township ($89,413), Lee township ($75,826), Mount Haley township ($97,512), Porter township ($85,328), and Midland city ($101,215).
| 48640 | $107,911 |
| Midland city | $101,215 |
| Greendale township | $74,994 |
| Homer township | $126,339 |
| Ingersoll township | $110,242 |
| Jasper township | $89,413 |
| Lee township | $75,826 |
| Midland charter township | $108,620 |
| Mount Haley township | $97,512 |
| Porter township | $85,328 |
| Midland County | $104,160 |
Get Average Household Income for all Zip Codes in Michigan.
48640 Per-Capita Income
The per-capita income for 48640 is $44,720. The per capita income ($44,720) for 48640 is less than the per capita income for 48642 ($44,959), Homer township ($47,222), and Ingersoll township ($45,616). But it's more than 48883 ($30,355), 48615 ($31,971), 48623 ($44,097), 48626 ($42,864), 48637 ($32,546), 48657 ($42,182), 48662 ($34,269), 48880 ($19,813), Midland County ($43,622), Greendale township ($31,500), Jasper township ($36,273), Lee township ($30,945), Midland charter township ($39,020), Mount Haley township ($39,625), Porter township ($32,798), and Midland city ($44,053).
| 48640 | $44,720 |
| Midland city | $44,053 |
| Greendale township | $31,500 |
| Homer township | $47,222 |
| Ingersoll township | $45,616 |
| Jasper township | $36,273 |
| Lee township | $30,945 |
| Midland charter township | $39,020 |
| Mount Haley township | $39,625 |
| Porter township | $32,798 |
| Midland County | $43,622 |
Get Per-Capita Income for all Zip Codes in Michigan.
48640 High Income Households
12.5% of households make over $200,000 a year. The percent high income households (12.5%) for 48640 is less than the percent high income households for 48623 (16.5%) and Homer township (17.1%). But it's more than 48615 (5.4%), 48883 (2.4%), 48880 (2.7%), 48662 (5.5%), 48657 (9.0%), 48642 (12.1%), 48637 (4.9%), 48626 (9.1%), Midland County (11.3%), Midland city (11.6%), Porter township (3.8%), Mount Haley township (5.1%), Midland charter township (10.0%), Lee township (6.1%), Jasper township (3.2%), Ingersoll township (9.9%), and Greendale township (2.4%).
| 48640 | 12.5% |
| Midland city | 11.6% |
| Greendale township | 2.4% |
| Homer township | 17.1% |
| Ingersoll township | 9.9% |
| Jasper township | 3.2% |
| Lee township | 6.1% |
| Midland charter township | 10.0% |
| Mount Haley township | 5.1% |
| Porter township | 3.8% |
| Midland County | 11.3% |
Get High Income Households for all Zip Codes in Michigan.
48640 Median Household Income by Age of Householder
| under 25 years | 25 to 44 years | 45 to 64 years | 65 years and over | |
|---|---|---|---|---|
| 48640 | $-1 | $86,875 | $100,661 | $61,903 |
| Midland city | $44,071 | $85,170 | $80,862 | $60,199 |
| Greendale township | $-1 | $71,964 | $62,222 | $46,094 |
| Homer township | $-1 | $106,493 | $152,209 | $54,833 |
| Ingersoll township | $52,969 | $109,688 | $114,500 | $75,500 |
| Jasper township | $64,750 | $107,417 | $85,500 | $34,643 |
| Lee township | $-1 | $53,393 | $79,141 | $44,338 |
| Midland charter township | $-1 | $90,682 | $130,647 | $78,250 |
| Mount Haley township | $-1 | $112,885 | $85,536 | $65,625 |
| Porter township | $-1 | $90,556 | $80,000 | $54,722 |
| Midland County | $51,875 | $92,866 | $92,802 | $57,924 |
Get Median Household Income by Age of Householder for all Zip Codes in Michigan.
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