Harrisville, MI · standard

ZIP Code 48740

Alcona County, Michigan — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

Reviewed by PlainZIP Editorial Team, ZIP Code Data Editors · June 13, 2026

2,556
15/sq mi: $54,393
Median income: $155,800
Median home value: 19.5%
Bachelor's or higher

The verdict

Harrisville pairs one of the lowest household incomes in the country with below-median home values, in a rural, homeowner-dominated area.

20th pct
household income, US ZIPs: 28th pct
home value, US ZIPs: 15
people per sq mi: 85%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 48740 against every reporting US ZIP.

ZIP code 48740 is classified by USPS as a standard delivery area and covers roughly 175.1 square miles in Harrisville, Alcona County, Michigan. The area is home to 2,556 residents, producing a population density of 15 people per square mile, and falls within the Detroit time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 48740 against Michigan and the nation.

On the economic side, the median household income for ZIP 48740 sits at $54,393 (26% below the Michigan average), while per-capita income is $31,541. The poverty rate stands at 14.7% and the unemployment rate at 5.2%. On housing, the median home value is $155,800 (29% below the state average) with median rent at $779 per month, and 85.0% of occupied units are owner-occupied, a direct signal of whether 48740 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 19.5% of adults hold a bachelor's degree or higher, the median age is 58.1, and the average commute is 19 minutes. We also surface 4 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Alcona County, so you can benchmark 48740 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 48740

Retail trade

9
Other services (except public administration)

7
Manufacturing

5
Health care and social assistance

5
Accommodation and food services

5

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 48740, Harrisville, MI · 2023 Accessed 2026-06-13 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

2,556

Population

175.1

Area (sq mi)

People / sq mi

Detroit

Time Zone

standard

ZIP Type

Neighborhood Scorecard

Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.

View Scorecard →

Who lives in ZIP 48740?

58.1

Median Age

50.3%

Male

49.7%

Female

1.5%

Foreign-Born

White 95.9%

African American 0.2%

Asian 0.2%

American Indian or Alaska Native 0.1%

Native Hawaiian or Pacific Islander 0.0%

Two or More Ethnicities 2.6%

Hispanic or Latino 1.2%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$54,393

Median Household Income

-26% vs state

$31,541

Per Capita Income

14.7%

Poverty Rate

5.2%

Unemployment Rate

19.3 min

Mean Commute Time

How ZIP 48740 ranks nationally

Household income vs. every US ZIP code

Median household income — the full national distribution, with this ZIP marked

$54,393 20th percentile higher than 20% of 30,318 US ZIPs

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau — ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 56.5%

Bachelor's Degree or Higher 19.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

1,627

Total Housing Units

1,209

Occupied Units

418

Vacant Units

2.02

Avg Household Size

Occupancy Type

Owner 85.0%

Renter 15.0%

$155,800

Median Home Value

-29% vs state

$779

Median Rent

1974

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How have home values changed over time?

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+10.9%

YoY Change (2024)

170

HPI Index (2000 = 100)

+70%

Total Change Since 2000

Home values in ZIP 48740 have increased 10.9% over the past year (2024). Since 2000, this ZIP has seen +70% cumulative appreciation.

Year	Annual Change	HPI Index
2019	+7.5%	103
2020	+2.4%	105
2021	+12.9%	119
2022	+10.9%	132
2024	—	170

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 48 business establishments in ZIP 48740, employing approximately 233 people with a combined annual payroll of $8,472,000.

Businesses

233

Employees

$8.5M

Annual Payroll

Industry Sectors

Industry	Establishments	% of Total
Retail trade	9	18.8%
Other services (except public administration)	7	14.6%
Manufacturing	5	10.4%
Health care and social assistance	5	10.4%
Accommodation and food services	5	10.4%
Finance and insurance	4	8.3%
Professional, scientific, and technical services	3	6.3%
Administrative and support and waste management and remediation services	3	6.3%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 48740 vs 48742 →

48740

2,556
48742

1,647
48745

1,346
48738

1,269
48721

411

What this shows Among its immediate neighbors, ZIP 48740 ranks the most populous — useful context the national average alone can't give.

48742

$66,477
48738

$63,462
48721

$60,500
48740

$54,393
48745

$49,844

What this shows By household income, ZIP 48740 ranks #4 of 5 neighboring ZIPs — local affluence varies block to block, not just metro to metro.

ZIP Code	City	Population	Distance
48742	Lincoln, MI	1,647	5.7 mi
48738	Greenbush, MI	1,269	7.8 mi
48721	Black River, MI	411	10.2 mi
48745	Mikado, MI	1,346	7.7 mi

More ZIP Codes in Alcona County

Alcona County Harrisville, MI Michigan

Frequently Asked Questions

What county is ZIP code 48740 in? ▼

ZIP code 48740 (Harrisville) is located in Alcona County, Michigan. Alcona County contains multiple ZIP codes, see the full list at /counties/alcona-mi.

What is the population of ZIP code 48740? ▼

ZIP code 48740 in Harrisville, MI has a population of 2,556 according to the Census Bureau ACS 2023 estimates.

What is the median household income in ZIP 48740? ▼

The median household income in ZIP 48740 is $54,393, which is 29% below the national average of $76,288.

What is the average home value in ZIP 48740? ▼

The median home value in ZIP 48740 is $155,800, which is 44% below the national average of $278,155.

What is the demographic makeup of ZIP 48740? ▼

The largest racial group in ZIP 48740 is White at 95.9%. Hispanic or Latino residents make up 1.2% of the population.

How many businesses are in ZIP code 48740? ▼

ZIP code 48740 has 48 business establishments employing approximately 233 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.

What are the main industries in ZIP code 48740? ▼

The top industries by establishment count in ZIP 48740 are: Retail trade (9), Other services (except public administration) (7), Manufacturing (5). There are 8 industry sectors represented in total.

How have home values changed in ZIP code 48740? ▼

According to the FHFA House Price Index, home values in ZIP 48740 increased by 10.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 70%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.

What is the education level in ZIP code 48740? ▼

In ZIP code 48740, 56.5% of residents aged 25+ have a high school diploma or higher, and 19.5% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).

What is the average commute time in ZIP 48740? ▼

The mean commute time for workers in ZIP code 48740 is 19.3 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.

What percentage of residents own vs. rent in ZIP 48740? ▼

In ZIP code 48740, approximately 85.0% of occupied housing units are owner-occupied and 15.0% are renter-occupied, based on Census ACS 2023 data.

What is the poverty rate in ZIP code 48740? ▼

The poverty rate in ZIP code 48740 is 14.7% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.