48723 Income Statistics

Comparison to Surrounding Areas

48723 Median Household Income

The median household income ($55,779) for 48723 is less than the median household income for 48701 ($62,969), 48768 ($64,413), 48767 ($77,938), 48744 ($67,944), 48741 ($59,107), 48733 ($60,500), 48729 ($60,776), 48726 ($65,087), Tuscola County ($63,811), Wells township ($71,806), Juniata township ($69,412), Indianfields township ($57,250), Fremont township ($63,155), Elmwood township ($66,875), Ellington township ($82,250), Dayton township ($69,583), Columbia township ($84,219), and Almer township ($62,188). But it's more than Fairgrove township ($50,625) and Caro city ($41,595).

48723$55,779
Caro city$41,595
Almer township$62,188
Columbia township$84,219
Dayton township$69,583
Ellington township$82,250
Elmwood township$66,875
Fairgrove township$50,625
Fremont township$63,155
Indianfields township$57,250
Juniata township$69,412
Wells township$71,806
Tuscola County$63,811

Get Median Household Income for all Zip Codes in Michigan.

48723 Average Household Income

The average household income ($69,822) for 48723 is less than the average household income for 48701 ($89,412), 48768 ($75,987), 48767 ($85,591), 48744 ($76,875), 48741 ($79,069), 48733 ($72,534), 48729 ($84,144), 48726 ($78,401), Tuscola County ($77,133), Wells township ($83,785), Juniata township ($85,583), Fremont township ($72,847), Fairgrove township ($73,870), Elmwood township ($73,380), Ellington township ($90,106), Dayton township ($83,919), Columbia township ($90,173), and Almer township ($77,248). But it's more than Indianfields township ($69,242) and Caro city ($54,225).

48723$69,822
Caro city$54,225
Almer township$77,248
Columbia township$90,173
Dayton township$83,919
Ellington township$90,106
Elmwood township$73,380
Fairgrove township$73,870
Fremont township$72,847
Indianfields township$69,242
Juniata township$85,583
Wells township$83,785
Tuscola County$77,133

Get Average Household Income for all Zip Codes in Michigan.

48723 Per-Capita Income

The per-capita income for 48723 is $30,774. The per capita income ($30,774) for 48723 is less than the per capita income for 48701 ($39,445), 48768 ($32,654), 48767 ($38,262), 48744 ($30,894), 48733 ($30,916), 48729 ($34,926), Tuscola County ($32,616), Juniata township ($37,047), Wells township ($34,876), Fairgrove township ($32,041), Elmwood township ($33,160), Ellington township ($35,336), Dayton township ($36,126), Columbia township ($42,000), and Almer township ($32,648). But it's more than 48726 ($30,760), 48741 ($29,222), Fremont township ($29,123), Indianfields township ($29,200), and Caro city ($26,058).

48723$30,774
Caro city$26,058
Almer township$32,648
Columbia township$42,000
Dayton township$36,126
Ellington township$35,336
Elmwood township$33,160
Fairgrove township$32,041
Fremont township$29,123
Indianfields township$29,200
Juniata township$37,047
Wells township$34,876
Tuscola County$32,616

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

48723 High Income Households

2.2% of households make over $200,000 a year. The percent high income households (2.2%) for 48723 is less than the percent high income households for 48768 (2.8%), 48726 (3.0%), 48729 (8.0%), 48733 (2.5%), 48741 (2.7%), 48744 (4.4%), 48767 (2.6%), 48701 (5.9%), Tuscola County (3.4%), Columbia township (2.8%), Dayton township (9.6%), Ellington township (7.5%), Fairgrove township (3.4%), and Indianfields township (2.4%). But it's more than Almer township (1.6%), Elmwood township (1.6%), Fremont township (1.4%), Juniata township (1.6%), Wells township (1.5%), and Caro city (1.1%).

487232.2%
Caro city1.1%
Almer township1.6%
Columbia township2.8%
Dayton township9.6%
Ellington township7.5%
Elmwood township1.6%
Fairgrove township3.4%
Fremont township1.4%
Indianfields township2.4%
Juniata township1.6%
Wells township1.5%
Tuscola County3.4%

Get High Income Households for all Zip Codes in Michigan.

48723 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
48723$51,979$64,167$60,985$48,553
Caro city$46,071$42,276$34,188$42,448
Almer township$-1$95,069$61,761$46,776
Columbia township$73,295$76,298$96,000$79,375
Dayton township$-1$93,783$72,708$48,929
Ellington township$-1$122,708$91,016$54,632
Elmwood township$-1$87,292$76,250$44,545
Fairgrove township$-1$96,000$44,239$43,438
Fremont township$115,577$92,903$62,083$53,226
Indianfields township$-1$42,292$77,250$44,353
Juniata township$-1$67,917$83,750$55,250
Wells township$-1$97,031$83,214$56,442
Tuscola County$52,024$77,242$72,017$50,146

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

48723 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 48723 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+
48723+/-$3,400+/-$4,956+/-$1,783+/-1.1%+/-$14,666+/-$15,450+/-$8,467+/-$8,947
Caro city+/-$5,320+/-$8,813+/-$4,142+/-1.8%+/-$15,730+/-$8,098+/-$23,106+/-$22,260
Almer township+/-$13,687+/-$9,022+/-$3,625+/-1.3%+/-$-1+/-$26,670+/-$9,640+/-$11,076
Columbia township+/-$15,335+/-$9,903+/-$6,440+/-1.7%+/-$27,577+/-$4,724+/-$10,094+/-$36,337
Dayton township+/-$15,181+/-$13,318+/-$5,689+/-4.6%+/-$-1+/-$7,942+/-$15,921+/-$10,670
Ellington township+/-$13,020+/-$12,452+/-$4,105+/-7.3%+/-$-1+/-$51,318+/-$6,073+/-$16,171
Elmwood township+/-$13,829+/-$8,019+/-$3,257+/-1.4%+/-$-1+/-$23,505+/-$19,061+/-$8,673
Fairgrove township+/-$12,216+/-$12,848+/-$4,560+/-2.4%+/-$-1+/-$12,566+/-$14,568+/-$7,110
Fremont township+/-$14,730+/-$7,820+/-$3,675+/-1.3%+/-$111,864+/-$23,786+/-$23,590+/-$5,007
Indianfields township+/-$12,570+/-$9,455+/-$3,850+/-1.8%+/-$-1+/-$35,899+/-$14,949+/-$12,183
Juniata township+/-$11,542+/-$9,570+/-$2,366+/-1.4%+/-$-1+/-$34,002+/-$35,103+/-$10,531
Wells township+/-$11,954+/-$7,548+/-$3,100+/-1.1%+/-$-1+/-$38,767+/-$26,238+/-$7,182
Tuscola County+/-$1,903+/-$2,461+/-$903+/-0.5%+/-$8,168+/-$4,204+/-$4,819+/-$2,093