48740 Income Statistics

Comparison to Surrounding Areas

48740 Median Household Income

The median household income ($54,393) for 48740 is less than the median household income for 48705 ($65,104), 48721 ($60,500), 48738 ($63,462), 48742 ($66,477), Alcona County ($54,993), and Gustin township ($58,125). But it's more than 48745 ($49,844), Harrisville township ($53,958), Haynes township ($54,315), and Harrisville city ($36,050).

48740$54,393
Gustin township$58,125
Harrisville township$53,958
Haynes township$54,315
Harrisville city$36,050
Alcona County$54,993

Get Median Household Income for all Zip Codes in Michigan.

48740 Average Household Income

The average household income ($67,371) for 48740 is less than the average household income for 48721 ($71,762), 48738 ($78,464), 48742 ($82,697), 48745 ($76,726), Alcona County ($73,179), Gustin township ($75,944), and Haynes township ($73,266). But it's more than 48705 ($60,321), Harrisville township ($65,971), and Harrisville city ($55,926).

48740$67,371
Gustin township$75,944
Harrisville township$65,971
Haynes township$73,266
Harrisville city$55,926
Alcona County$73,179

Get Average Household Income for all Zip Codes in Michigan.

48740 Per-Capita Income

The per-capita income for 48740 is $31,541. The per capita income ($31,541) for 48740 is less than the per capita income for 48745 ($36,163), 48721 ($38,631), 48738 ($41,597), 48742 ($40,060), Alcona County ($36,382), Gustin township ($32,906), Harrisville township ($32,084), and Haynes township ($35,839). But it's more than 48705 ($29,212) and Harrisville city ($28,785).

48740$31,541
Gustin township$32,906
Harrisville township$32,084
Haynes township$35,839
Harrisville city$28,785
Alcona County$36,382

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

48740 High Income Households

2.6% of households make over $200,000 a year. The percent high income households (2.6%) for 48740 is less than the percent high income households for 48738 (4.5%), 48742 (4.3%), 48745 (3.1%), Alcona County (3.5%), Harrisville city (3.8%), Gustin township (3.0%), and Harrisville township (3.2%). But it's more than 48705 (0.0%), 48721 (0.9%), and Haynes township (1.8%).

487402.6%
Gustin township3.0%
Harrisville township3.2%
Haynes township1.8%
Harrisville city3.8%
Alcona County3.5%

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48740 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
48740$35,179$43,125$80,833$49,958
Gustin township$-1$63,750$112,549$47,500
Harrisville township$-1$53,333$62,344$53,333
Haynes township$-1$53,333$92,574$52,778
Harrisville city$-1$31,667$-1$35,417
Alcona County$39,167$69,632$63,654$50,948

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

48740 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 48740 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+
48740+/-$4,931+/-$4,942+/-$1,977+/-1.2%+/-$11,098+/-$19,151+/-$21,269+/-$7,419
Gustin township+/-$27,083+/-$13,334+/-$6,558+/-4.0%+/-$-1+/-$50,585+/-$50,426+/-$16,470
Harrisville township+/-$7,379+/-$6,324+/-$3,554+/-2.2%+/-$-1+/-$26,907+/-$26,386+/-$8,291
Haynes township+/-$4,659+/-$7,760+/-$4,448+/-1.5%+/-$-1+/-$20,216+/-$23,674+/-$6,434
Harrisville city+/-$2,891+/-$13,411+/-$6,260+/-3.9%+/-$-1+/-$10,973+/-$-1+/-$3,458
Alcona County+/-$1,572+/-$3,797+/-$1,852+/-0.9%+/-$20,276+/-$7,257+/-$7,965+/-$3,083