Housing data for ZIP code 48740

Name: Housing in ZIP code 48740, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

ZIP code 48740 has an estimated 2,505 residents and 1,627 homes (US Census Bureau, 2020–2024 American Community Survey).

Most of its land lies in Harrisville Township, Alcona County.

15.0% of households rent.

The median gross rent is $779 (±$45) a month.

The median home value is $155,800 (±$10,857).

The median household income is $54,393 (±$4,931) a year.

Figures last updated on November 12, 2026.

Residents: 2,505 (±223)
Median gross rent: $779
Median home value: $155,800
Households that rent: 15.0%

How ZIP code 48740 compares

Estimate (90% margin of error)
	ZIP 48740	Harrisville Township	Alcona County	Michigan	United States
Residents	2,505 (±223)	1,207	10,397	10,077,761	334,922,499
Housing units	1,627 (±112)	759	10,320	4,622,236	143,775,355
Households that rent	15.0% (±3.2 points)	11.6%	10.4%	26.8%	34.8%
Median gross rent	$779 (±$45)	$960	$867	$1,129	$1,413
Median home value	$155,800 (±$10,857)	$163,100	$162,800	$231,600	$332,700
Median household income	$54,393 (±$4,931)	$53,958	$54,993	$72,875	$80,734
Median real estate taxes (a year)	$1,294 (±$90)	$1,327	$1,341	$2,904	$3,119
Renters paying 30% or more of income	52.7% (±18.5 points)	60.0%	52.0%	50.4%	51.1%
Built before 1980	62.5% (±7.4 points)	62.3%	61.6%	62.1%	49.7%
Average commute	19.3 minutes (±2.1)	16.9 minutes	27.9 minutes	24.2 minutes	26.4 minutes
Households with broadband	83.2% (±4.4 points)	84.8%	83.4%	90.5%	91.0%
Median age of residents	58.1 years (±4.6)	62.5 years	60.0 years	40.2 years	38.9 years

In ZIP 48740, median gross rent is not measurably different from Alcona County ($867).

It is also lower than in Michigan ($1,129).

It is lower than the national figure ($1,413).

The median gross rent in ZIP code 48740 is lower than in Harrisville Township as a whole ($960).

Its median home value is not measurably different from Harrisville Township as a whole ($163,100).

Among the 7 ZIP codes in Alcona County with a published estimate, ZIP 48740 ranks 6 from highest to lowest median gross rent.

Among the 10 ZIP codes in Alcona County with a published estimate, ZIP 48740 ranks 7 from highest to lowest median home value.

Among the 10 ZIP codes in Alcona County with a published estimate, ZIP 48740 ranks 7 from highest to lowest median household income.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Rent in ZIP code 48740

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	ZIP 48740	Alcona County	Michigan	United States
Less than $500	10.1% (±6.8 points)	9.5%	8.3%	6.3%
$500 to $999	75.7% (±11.6 points)	61.4%	30.1%	20.2%
$1,000 to $1,499	14.2% (±9.6 points)	23.9%	38.4%	28.1%
$1,500 to $1,999	0.0% (±18.2 points)	5.2%	15.1%	21.1%
$2,000 to $2,499	0.0% (±18.2 points)	0.0%	5.0%	12.0%
$2,500 to $2,999	0.0% (±18.2 points)	0.0%	1.4%	5.5%
$3,000 or more	0.0% (±18.2 points)	0.0%	1.7%	6.8%

The most common range is $500 to $999, paid by 75.7% of renting households.

Rent by bedrooms in ZIP code 48740

Median gross rent by number of bedrooms, estimate (90% margin of error)
Bedrooms	Census median
1 bedroom	$536 (±$126)
2 bedrooms	$760 (±$44)
3 bedrooms	$957 (±$27)

Rent burden in ZIP code 48740

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rent	ZIP 48740	Alcona County	Michigan	United States
Less than 15%	9.5% (±5.9 points)	7.3%	13.5%	12.6%
15% to 19.9%	9.5% (±6.8 points)	14.6%	12.2%	12.2%
20% to 24.9%	12.2% (±10.4 points)	15.1%	12.4%	12.6%
25% to 29.9%	16.2% (±11.4 points)	11.1%	11.5%	11.5%
30% to 34.9%	18.2% (±12.8 points)	18.1%	9.0%	9.2%
35% or more	34.5% (±13.3 points)	33.9%	41.4%	41.9%

52.7% (±18.5 points) of renting households in ZIP code 48740 spend 30% or more of their income on gross rent.

Home values in ZIP code 48740

Owner-occupied homes by value, 2020–2024
Value	ZIP 48740	Alcona County	Michigan	United States
Less than $50,000	6.1% (±2.4 points)	7.7%	7.6%	5.3%
$50,000 to $99,999	24.2% (±5.2 points)	19.5%	9.2%	6.1%
$100,000 to $149,999	16.5% (±4.5 points)	17.9%	10.6%	6.8%
$150,000 to $199,999	19.6% (±4.9 points)	16.1%	14.1%	9.0%
$200,000 to $299,999	16.8% (±3.7 points)	18.2%	23.4%	17.8%
$300,000 to $499,999	11.3% (±3.7 points)	15.3%	24.1%	26.9%
$500,000 to $999,999	5.4% (±2.0 points)	4.9%	9.2%	20.9%
$1,000,000 or more	0.0% (±2.9 points)	0.4%	1.6%	7.1%

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

The homes in ZIP code 48740

Housing units by units in structure, 2020–2024
Building type	ZIP 48740	Alcona County	Michigan	United States
Single-family, detached	87.3% (±2.9 points)	89.1%	72.0%	61.3%
Single-family, attached (townhouse, rowhouse)	0.7% (±0.8 points)	0.1%	4.8%	6.2%
2 units	0.1% (±0.2 points)	0.2%	2.2%	3.4%
3 or 4 units	0.0% (±1.8 points)	0.1%	2.6%	4.3%
5 to 9 units	2.4% (±1.4 points)	0.6%	4.1%	4.5%
10 to 19 units	0.7% (±0.8 points)	0.1%	3.5%	4.3%
20 or more units	0.2% (±0.3 points)	0.4%	5.6%	10.3%
Mobile home	8.5% (±2.7 points)	9.3%	5.0%	5.6%
Boat, RV, van, etc.	0.0% (±1.8 points)	0.1%	0.0%	0.1%

When the homes in ZIP code 48740 were built

Housing units by year structure built, 2020–2024
Year built	ZIP 48740	Alcona County	Michigan	United States
2020 or later	0.2% (±0.3 points)	1.1%	1.0%	2.0%
2010 to 2019	0.7% (±0.5 points)	5.0%	4.9%	9.4%
2000 to 2009	7.7% (±2.4 points)	9.9%	10.3%	13.6%
1990 to 1999	15.7% (±4.2 points)	10.1%	12.1%	12.4%
1980 to 1989	13.2% (±3.3 points)	12.3%	9.7%	12.9%
1970 to 1979	21.0% (±4.4 points)	20.6%	14.9%	14.2%
1960 to 1969	11.8% (±3.2 points)	15.4%	11.5%	9.9%
1950 to 1959	12.8% (±3.2 points)	12.9%	14.2%	9.5%
1940 to 1949	6.0% (±2.4 points)	5.2%	6.9%	4.4%
1939 or earlier	10.9% (±3.0 points)	7.5%	14.6%	11.7%

62.5% of the homes in ZIP code 48740 were built before 1980, so many fall under the federal lead-paint disclosure rules for homes built before 1978.

Heating fuel in ZIP code 48740

Occupied housing units by house heating fuel, 2020–2024
Fuel used most	ZIP 48740	Alcona County	Michigan	United States
Utility gas	33.7% (±5.1 points)	36.5%	74.9%	46.5%
Fuel oil, kerosene, etc.	1.8% (±1.0 points)	1.6%	0.8%	3.9%
Electricity	7.9% (±2.7 points)	5.9%	12.1%	41.3%
Bottled or tank gas (propane)	35.2% (±4.6 points)	35.0%	8.7%	4.9%
Wood	14.7% (±4.0 points)	17.5%	2.2%	1.4%
Solar energy	0.0% (±2.4 points)	0.0%	0.0%	0.3%
Coal or coke	0.0% (±2.4 points)	0.0%	0.0%	0.1%
Other fuel	6.2% (±4.6 points)	3.0%	0.8%	0.5%
No fuel used	0.5% (±0.6 points)	0.5%	0.5%	1.2%

How people in ZIP code 48740 get to work

Workers 16 and over by means of transportation to work, 2020–2024
Means of transportation	ZIP 48740	Alcona County	Michigan	United States
Drove alone	80.3% (±5.3 points)	75.0%	74.3%	68.8%
Carpooled	4.8% (±2.4 points)	10.5%	7.9%	8.5%
Public transportation	0.0% (±3.2 points)	0.0%	0.9%	3.2%
Walked	3.9% (±2.4 points)	3.0%	2.0%	2.4%
Other means (bicycle, taxi, motorcycle)	0.0% (±3.2 points)	0.6%	1.4%	2.0%
Worked from home	11.1% (±4.7 points)	10.9%	13.5%	15.1%

Workers who live in ZIP code 48740 take an average of 19.3 minutes to get to work.

Places in ZIP code 48740

Places whose land overlaps this ZIP code, with the share of the ZIP’s land in each
Place	Share of the ZIP’s land in this place	Median gross rent	Households that rent
Harrisville Township	39%	$960	11.6%
Gustin Township	34%	$718	12.6%
Haynes Township	25%	$909	11.5%

A township or a New York town includes the villages inside it, so their shares can add up to more than the whole.

ZIP codes near 48740

Nearest ZIP codes with Census figures, by straight-line distance between their internal points
ZIP code	Distance	Median gross rent	Median home value	Median household income	Households that rent
48742	5.4 mi	$732	$170,300	$66,477	12.9%
48738	8.1 mi	$950	$193,900	$63,462	13.8%
48745	8.8 mi	$1,121	$157,800	$49,844	11.2%
48721	9.4 mi	—	$226,700	$60,500	0.0%
48762	11 mi	—	$214,900	$73,421	2.9%
48705	14 mi	—	$120,300	$65,104	1.9%
48750	17 mi	$720	$119,200	$45,561	20.1%
49766	17 mi	$746	$161,800	$61,346	8.7%

Crime reported to police in Alcona County

In 2025, the police departments that report for Alcona County recorded 159 violent and 831 property crimes per 100,000 residents.

The FBI publishes crime by police department, not by ZIP code, so this is the figure for the county as a whole.

ZIP code 48740 is reported as ZIP Code Tabulation Area 48740: the Census Bureau’s area built from census blocks to match the ZIP code’s delivery area as closely as it can.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about ZIP 48740

What is the median rent in ZIP code 48740?

The median gross rent in ZIP Code Tabulation Area 48740 is $779 (±$45) a month (2020–2024 American Community Survey).

What is the median home value in ZIP code 48740?

The median value of owner-occupied homes in ZIP code 48740 is $155,800 (±$10,857) (2020–2024 American Community Survey).

What is the median household income in ZIP code 48740?

The median household income in ZIP code 48740 is $54,393 (±$4,931) a year (2020–2024 American Community Survey).

What town is ZIP code 48740 in?

Most of ZIP code 48740’s land lies in Harrisville Township; it also covers Gustin Township, Haynes Township.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for ZCTA5 48740 (zip code tabulation area:48740).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0134E, DP04_0134M, DP04_0089E, DP04_0089M, DP03_0062E, DP03_0062M, DP04_0047PE, DP04_0047PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.