48723 Zip Code Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for the 48723 zip code? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for 48723, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

48723 is a zip code in Tuscola County, Michigan, which covers Almer, Columbia, Dayton, Ellington, Elmwood, Fairgrove, Fremont, Indianfields, Juniata, and Wells, with a total population of 12,389 people.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in 48723 is $56,116.00.

The chart below shows the average household income by age in 48723.

• Under 25
  $47,813.00
• 25 to 44
  $74,243.00
• 45 to 64
  $59,037.00
• 65 and over
  $42,225.00

Average Household Income

A very commonly asked question is "what is the average household income in the 48723 zip code?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in 48723 is $70,469.00.

2.54% of households in the 48723 zip code are classed as high income households (making $200,000+ per year).

Household Income Tiers for 48723

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for the 48723 zip code easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

• Less than $24,999
  21.03%
• $25,000 to $49,999
  25.00%
• $50,000 to $74,999
  17.66%
• $75,000 to $99,999
  10.56%
• $100,000 to $149,999
  17.02%
• $150,000 to $199,999
  6.20%
• $200,000 or more
  2.54%

Per Capita Income

The per capita income is the average income of all people in the 48723 zip code. This is calculated by dividing the total income of all people in 48723 by the total number of people in 48723.

It differs from the average or mean household income because it includes all people in 48723 and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in the 48723 zip code is $29,952.00.

Population in 48723 by Race and Ethnicity

The total population in 48723 is currently 12,389 people.

The race and ethnicity of the population in 48723 can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in the 48723 zip code.

• 0.30% White
  37
• 95.50% Black/African American
  11,834
• 90.50% Native
  11,213
• 3.20% Hispanic
  391
• 1.40% Asian
  172
• 0.20% Hawaiian/Pacific Islander
  30
• 0.00% Two or more races
  0
• 0.60% Other
  78

Population of 48723 by Age and Gender

Another very important demographics statistic for the 48723 zip code is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in the 48723 zip code.

• Master's degree or higher
  6.95%
• Bachelor's degree
  18.91%
• Some college or associate's degree
  8.02%
• High school diploma or equivalent
  63.50%
• Less than high school diploma
  2.61%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for 48723 because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in 48723 look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in the 48723 zip code that are over the age of 16.

The current population in 48723 that are over the age of 16 is 10,077 people.

The unemployment rate in 48723 is 6.30%, which means 342 people are unemployed.

Median Age in 48723

The median age is an interesting metric because it gives us an idea of the age distribution of people in the 48723 zip code. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in 48723 is 42.5 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in 48723

42.5

Total

40.4

Male

46.7

Female

Households and Families

There are a total of 4,888 households in 48723, and the average household size is 2.41 people.

For families, the total number is 2,839, and the average family size is 3.1 people.

9.10% of those families in the 48723 zip code are living below the poverty line.

The table below shows the poverty thresholds for 48723 in .

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

• Married-couple
• Male householder, no spouse present
• Female householder, no spouse present
• Nonfamily household

In the table below, you can see the total households and families in the 48723 zip code for each type, as well as the average sizes.

Housing Data in 48723

There are total of 5,183 housing units in the 48723 zip code. Of those units, 4,888 (94.31%) are occupied, and 295 (5.69%) are vacant.

Rental Rates

Of the 5,183 housing units in 48723, 927 (17.89%) are occupied by renters. The median rent paid by renters is $740.00.

Owner occupied housing units make up the remaining 74.65% of housing units, with 3,869 housing units in total.

The table below breaks down how much rent is paid by renters in the 48723 zip code.

• No rent paid
  92
• Less than $500
  233
• $500 to $999
  562
• $1,000 to $1,499
  86
• $1,500 to $1,999
  36
• $2,000 to $2,499
  10
• $2,500 to $2,999
  0
• $3,000 or more
  0

Property Values

The median value of a property in 48723 is $116,300.00.

The table below breaks down the range of valuations for all properties in 48723.

• Less than $50,000
  668
• $50,000 to $99,999
  931
• $100,000 to $149,999
  880
• $150,000 to $199,999
  589
• $200,000 to $299,999
  476
• $300,000 to $499,999
  243
• $500,000 to $999,999
  72
• $1,000,000 or more
  10

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in the 48723 zip code.

• 1939 or earlier
  743
• 1940 to 1949
  463
• 1950 to 1959
  559
• 1960 to 1969
  533
• 1970 to 1979
  1,106
• 1980 to 1989
  569
• 1990 to 1999
  621
• 2000 to 2009
  489
• 2010 to 2013
  100
• 2014 or later
  0

Vehicles Available per Household

Finally, we have data on how many vehicles each household in 48723 has. The table below breaks down the number of vehicles available per household.

• No vehicles available
  428
• 1 vehicle available
  1,702
• 2 vehicles available
  1,767
• 3 or more vehicles available
  991

Commuting to Work in 48723

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of the 48723 zip code, how they commute, and how that correlates to other data points.

The average travel time is 27.6 minutes, and the chart below covers the range of travel times across the population of 48723.

• Less than 5 minutes
  270
• 5 to 9 minutes
  829
• 10 to 14 minutes
  995
• 15 to 19 minutes
  396
• 20 to 24 minutes
  435
• 25 to 29 minutes
  138
• 30 to 34 minutes
  304
• 35 to 39 minutes
  151
• 40 to 44 minutes
  204
• 45 to 59 minutes
  504
• 60 to 89 minutes
  329
• 90 or more minutes
  286

We can also look at the means of transport in 48723 to see which modes of transport people are using to commute to work.

• Drove alone
  4,076
• Carpooled
  570
• Public transportation
  37
• Walked
  104
• Other means
  54
• Worked from home
  211

Conclusion

Hopefully this article has given you the demographics data you were looking for in the 48723 zip code.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for 48723.

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