Housing data for ZIP code 48763

Name: Housing in ZIP code 48763, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

ZIP code 48763 has an estimated 4,883 residents and 2,966 homes (US Census Bureau, 2020–2024 American Community Survey).

Most of its land lies in Tawas Township, Iosco County.

13.2% of households rent.

The median gross rent is $851 (±$55) a month.

The median home value is $162,400 (±$8,573).

The median household income is $59,677 (±$4,277) a year.

Figures last updated on November 12, 2026.

Residents: 4,883 (±324)
Median gross rent: $851
Median home value: $162,400
Households that rent: 13.2%

How ZIP code 48763 compares

Estimate (90% margin of error)
	ZIP 48763	Tawas Township	Iosco County	Michigan	United States
Residents	4,883 (±324)	1,536	25,347	10,077,761	334,922,499
Housing units	2,966 (±195)	725	20,061	4,622,236	143,775,355
Households that rent	13.2% (±2.4 points)	8.1%	17.9%	26.8%	34.8%
Median gross rent	$851 (±$55)	$935	$719	$1,129	$1,413
Median home value	$162,400 (±$8,573)	$159,000	$142,200	$231,600	$332,700
Median household income	$59,677 (±$4,277)	$59,531	$50,066	$72,875	$80,734
Median real estate taxes (a year)	$1,567 (±$85)	$1,363	$1,359	$2,904	$3,119
Renters paying 30% or more of income	39.3% (±13.3 points)	54.9%	40.6%	50.4%	51.1%
Built before 1980	62.0% (±5.5 points)	49.9%	67.3%	62.1%	49.7%
Average commute	20.7 minutes (±3.0)	25.0 minutes	21.0 minutes	24.2 minutes	26.4 minutes
Households with broadband	87.3% (±3.2 points)	92.1%	84.9%	90.5%	91.0%
Median age of residents	50.1 years (±3.8)	49.5 years	53.5 years	40.2 years	38.9 years

In ZIP 48763, median gross rent is higher than in Iosco County ($719).

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 48763 is not measurably different from Tawas Township as a whole ($935).

Its median home value is not measurably different from Tawas Township as a whole ($159,000).

Among the 6 ZIP codes in Iosco County with a published estimate, ZIP 48763 ranks 2 from highest to lowest median gross rent.

Among the 6 ZIP codes in Iosco County with a published estimate, ZIP 48763 ranks 2 from highest to lowest median home value.

Among the 6 ZIP codes in Iosco County with a published estimate, ZIP 48763 ranks 1 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 48763

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	ZIP 48763	Iosco County	Michigan	United States
Less than $500	9.5% (±9.5 points)	20.2%	8.3%	6.3%
$500 to $999	56.8% (±11.0 points)	57.7%	30.1%	20.2%
$1,000 to $1,499	22.1% (±11.7 points)	16.2%	38.4%	28.1%
$1,500 to $1,999	7.5% (±6.2 points)	3.8%	15.1%	21.1%
$2,000 to $2,499	2.0% (±2.6 points)	1.3%	5.0%	12.0%
$2,500 to $2,999	0.0% (±14.0 points)	0.1%	1.4%	5.5%
$3,000 or more	2.0% (±2.3 points)	0.7%	1.7%	6.8%

The most common range is $500 to $999, paid by 56.8% of renting households.

Rent by bedrooms in ZIP code 48763

Median gross rent by number of bedrooms, estimate (90% margin of error)
Bedrooms	Census median
2 bedrooms	$824 (±$80)
3 bedrooms	$1,163 (±$186)
4 bedrooms	$873 (±$59)

Rent burden in ZIP code 48763

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rent	ZIP 48763	Iosco County	Michigan	United States
Less than 15%	20.9% (±9.9 points)	16.9%	13.5%	12.6%
15% to 19.9%	16.8% (±11.0 points)	9.8%	12.2%	12.2%
20% to 24.9%	6.6% (±5.3 points)	12.0%	12.4%	12.6%
25% to 29.9%	16.3% (±9.3 points)	20.7%	11.5%	11.5%
30% to 34.9%	4.6% (±4.2 points)	8.1%	9.0%	9.2%
35% or more	34.7% (±12.6 points)	32.5%	41.4%	41.9%

39.3% (±13.3 points) of renting households in ZIP code 48763 spend 30% or more of their income on gross rent.

Home values in ZIP code 48763

Owner-occupied homes by value, 2020–2024
Value	ZIP 48763	Iosco County	Michigan	United States
Less than $50,000	5.4% (±1.9 points)	8.7%	7.6%	5.3%
$50,000 to $99,999	17.2% (±3.3 points)	21.0%	9.2%	6.1%
$100,000 to $149,999	21.6% (±2.9 points)	22.5%	10.6%	6.8%
$150,000 to $199,999	16.5% (±3.5 points)	16.8%	14.1%	9.0%
$200,000 to $299,999	21.0% (±3.7 points)	16.1%	23.4%	17.8%
$300,000 to $499,999	13.7% (±2.0 points)	10.2%	24.1%	26.9%
$500,000 to $999,999	4.2% (±1.9 points)	4.0%	9.2%	20.9%
$1,000,000 or more	0.4% (±0.4 points)	0.7%	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 48763

Housing units by units in structure, 2020–2024
Building type	ZIP 48763	Iosco County	Michigan	United States
Single-family, detached	87.3% (±2.6 points)	82.5%	72.0%	61.3%
Single-family, attached (townhouse, rowhouse)	1.2% (±0.6 points)	2.6%	4.8%	6.2%
2 units	0.2% (±0.2 points)	1.5%	2.2%	3.4%
3 or 4 units	0.6% (±0.6 points)	1.5%	2.6%	4.3%
5 to 9 units	2.4% (±1.0 points)	2.1%	4.1%	4.5%
10 to 19 units	0.7% (±0.6 points)	0.8%	3.5%	4.3%
20 or more units	0.8% (±0.5 points)	2.1%	5.6%	10.3%
Mobile home	6.7% (±2.0 points)	6.8%	5.0%	5.6%
Boat, RV, van, etc.	0.1% (±0.2 points)	0.1%	0.0%	0.1%

When the homes in ZIP code 48763 were built

Housing units by year structure built, 2020–2024
Year built	ZIP 48763	Iosco County	Michigan	United States
2020 or later	0.5% (±0.5 points)	0.4%	1.0%	2.0%
2010 to 2019	5.0% (±1.5 points)	3.1%	4.9%	9.4%
2000 to 2009	9.6% (±2.1 points)	8.2%	10.3%	13.6%
1990 to 1999	13.1% (±2.3 points)	11.4%	12.1%	12.4%
1980 to 1989	9.9% (±2.2 points)	9.6%	9.7%	12.9%
1970 to 1979	16.7% (±2.9 points)	20.8%	14.9%	14.2%
1960 to 1969	14.2% (±2.4 points)	17.9%	11.5%	9.9%
1950 to 1959	14.1% (±2.6 points)	15.3%	14.2%	9.5%
1940 to 1949	7.3% (±2.0 points)	6.8%	6.9%	4.4%
1939 or earlier	9.7% (±2.2 points)	6.5%	14.6%	11.7%

62.0% of the homes in ZIP code 48763 were built before 1980, so many fall under the federal lead-paint disclosure rules for homes built before 1978.

Heating fuel in ZIP code 48763

Occupied housing units by house heating fuel, 2020–2024
Fuel used most	ZIP 48763	Iosco County	Michigan	United States
Utility gas	69.7% (±3.9 points)	65.8%	74.9%	46.5%
Fuel oil, kerosene, etc.	0.8% (±0.6 points)	0.5%	0.8%	3.9%
Electricity	4.1% (±1.4 points)	7.9%	12.1%	41.3%
Bottled or tank gas (propane)	16.2% (±3.0 points)	16.7%	8.7%	4.9%
Wood	7.1% (±2.3 points)	7.3%	2.2%	1.4%
Solar energy	0.0% (±1.5 points)	0.1%	0.0%	0.3%
Coal or coke	0.0% (±1.5 points)	0.0%	0.0%	0.1%
Other fuel	1.9% (±2.7 points)	1.5%	0.8%	0.5%
No fuel used	0.1% (±0.1 points)	0.1%	0.5%	1.2%

How people in ZIP code 48763 get to work

Workers 16 and over by means of transportation to work, 2020–2024
Means of transportation	ZIP 48763	Iosco County	Michigan	United States
Drove alone	83.2% (±4.3 points)	79.6%	74.3%	68.8%
Carpooled	8.1% (±3.4 points)	8.1%	7.9%	8.5%
Public transportation	0.0% (±1.6 points)	0.1%	0.9%	3.2%
Walked	0.9% (±0.8 points)	3.7%	2.0%	2.4%
Other means (bicycle, taxi, motorcycle)	0.8% (±0.6 points)	1.3%	1.4%	2.0%
Worked from home	7.0% (±2.2 points)	7.2%	13.5%	15.1%

Workers who live in ZIP code 48763 take an average of 20.7 minutes to get to work.

Places in ZIP code 48763

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
Tawas Township	37%	$935	8.1%
Alabaster Township	25%	$880	8.4%
Grant Township (Iosco County)	20%	$773	6.3%

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 48763

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
48748	7.1 mi	$675	$161,800	$58,750	7.7%
48765	8.3 mi	$819	$153,800	$45,000	11.0%
48730	9.5 mi	$628	$157,200	$49,823	24.7%
48770	9.9 mi	$683	$105,500	$49,957	14.4%
48703	13 mi	$665	$172,100	$64,792	12.2%
48739	14 mi	$882	$179,400	$52,802	9.7%
48750	15 mi	$720	$119,200	$45,561	20.1%
48766	15 mi	$794	$112,200	$56,583	14.3%

ZIP code 48763 is reported as ZIP Code Tabulation Area 48763: 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 48763

What is the median rent in ZIP code 48763?

The median gross rent in ZIP Code Tabulation Area 48763 is $851 (±$55) a month (2020–2024 American Community Survey).

What is the median home value in ZIP code 48763?

The median value of owner-occupied homes in ZIP code 48763 is $162,400 (±$8,573) (2020–2024 American Community Survey).

What is the median household income in ZIP code 48763?

The median household income in ZIP code 48763 is $59,677 (±$4,277) a year (2020–2024 American Community Survey).

What town is ZIP code 48763 in?

Most of ZIP code 48763’s land lies in Tawas Township; it also covers Alabaster Township, Grant Township (Iosco County).

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 48763 (zip code tabulation area:48763).

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.