48662 Income Statistics

Comparison to Surrounding Areas

48662 Median Household Income

The median household income ($70,321) for 48662 is less than the median household income for 48640 ($80,574), Midland County ($77,705), Lafayette township ($78,125), and Porter township ($76,316). But it's more than 48847 ($66,264), 48637 ($65,865), 48655 ($66,115), 48806 ($61,375), 48614 ($63,393), 48615 ($70,000), Gratiot County ($63,556), Hamilton township ($64,063), and Wheeler township ($61,149).

48662$70,321
Hamilton township$64,063
Lafayette township$78,125
Wheeler township$61,149
Porter township$76,316
Gratiot County$63,556
Midland County$77,705

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48662 Average Household Income

The average household income ($80,025) for 48662 is less than the average household income for 48847 ($82,101), 48614 ($83,212), 48615 ($85,526), 48640 ($107,911), 48655 ($85,838), 48806 ($81,772), Midland County ($104,160), Gratiot County ($83,011), Hamilton township ($81,821), Lafayette township ($96,282), and Porter township ($85,328). But it's more than 48637 ($78,479) and Wheeler township ($76,687).

48662$80,025
Hamilton township$81,821
Lafayette township$96,282
Wheeler township$76,687
Porter township$85,328
Gratiot County$83,011
Midland County$104,160

Get Average Household Income for all Zip Codes in Michigan.

48662 Per-Capita Income

The per-capita income for 48662 is $34,269. The per capita income ($34,269) for 48662 is less than the per capita income for 48614 ($37,512), 48640 ($44,720), 48655 ($35,440), Midland County ($43,622), Hamilton township ($36,341), and Lafayette township ($37,708). But it's more than 48615 ($31,971), 48637 ($32,546), 48806 ($30,507), 48847 ($33,734), Gratiot County ($30,221), Wheeler township ($29,952), and Porter township ($32,798).

48662$34,269
Hamilton township$36,341
Lafayette township$37,708
Wheeler township$29,952
Porter township$32,798
Gratiot County$30,221
Midland County$43,622

Get Per-Capita Income for all Zip Codes in Michigan.

48662 High Income Households

5.5% of households make over $200,000 a year. The percent high income households (5.5%) for 48662 is less than the percent high income households for 48640 (12.5%), 48655 (6.0%), Midland County (11.3%), Hamilton township (8.8%), Lafayette township (6.9%), and Wheeler township (5.8%). But it's more than 48615 (5.4%), 48806 (2.4%), 48847 (4.3%), 48614 (4.9%), 48637 (4.9%), Gratiot County (4.0%), and Porter township (3.8%).

486625.5%
Hamilton township8.8%
Lafayette township6.9%
Wheeler township5.8%
Porter township3.8%
Gratiot County4.0%
Midland County11.3%

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48662 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
48662$-1$83,036$76,750$54,583
Hamilton township$-1$-1$64,583$60,000
Lafayette township$-1$82,813$82,292$70,833
Wheeler township$-1$76,250$66,094$42,778
Porter township$-1$90,556$80,000$54,722
Gratiot County$45,558$72,340$80,880$43,153
Midland County$51,875$92,866$92,802$57,924

Get Median Household Income by Age of Householder for all Zip Codes in Michigan.

48662 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 48662 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+
48662+/-$14,659+/-$10,041+/-$4,208+/-4.1%+/-$-1+/-$12,117+/-$25,958+/-$19,881
Hamilton township+/-$15,163+/-$11,709+/-$4,368+/-5.1%+/-$-1+/-$-1+/-$33,510+/-$18,031
Lafayette township+/-$12,228+/-$19,199+/-$5,906+/-6.4%+/-$-1+/-$47,771+/-$16,160+/-$13,299
Wheeler township+/-$4,751+/-$6,955+/-$3,049+/-2.8%+/-$-1+/-$20,562+/-$15,856+/-$9,579
Porter township+/-$10,816+/-$10,228+/-$3,971+/-2.2%+/-$-1+/-$23,207+/-$19,375+/-$11,212
Gratiot County+/-$2,453+/-$4,328+/-$1,570+/-0.9%+/-$7,060+/-$3,059+/-$6,699+/-$2,852
Midland County+/-$2,331+/-$3,556+/-$1,448+/-1.1%+/-$21,403+/-$4,982+/-$5,678+/-$4,405