Football League Third Division North 1947/48
| Pos | Club | Pld | W | D | L | F | A | GA | Pts | Notes |
| 1st | Lincoln City | 42 | 26 | 8 | 8 | 81 | 40 | 2.025 | 60 | ▲Champions |
| 2nd | Rotherham United | 42 | 25 | 9 | 8 | 95 | 49 | 1.939 | 59 | Runners Up |
| 3rd | Wrexham | 42 | 21 | 8 | 13 | 74 | 54 | 1.370 | 50 | - |
| 4th | Gateshead | 42 | 19 | 11 | 12 | 75 | 57 | 1.316 | 49 | - |
| 5th | Hull City | 42 | 18 | 11 | 13 | 59 | 48 | 1.229 | 47 | - |
| 6th | Accrington Stanley | 42 | 20 | 6 | 16 | 62 | 59 | 1.051 | 46 | - |
| 7th | Barrow | 42 | 16 | 13 | 13 | 49 | 40 | 1.225 | 45 | - |
| 8th | Mansfield Town | 42 | 17 | 11 | 14 | 57 | 51 | 1.118 | 45 | - |
| 9th | Carlisle United | 42 | 18 | 7 | 17 | 88 | 77 | 1.143 | 43 | - |
| 10th | Crewe Alexandra | 42 | 18 | 7 | 17 | 61 | 63 | 0.968 | 43 | - |
| 11th | Oldham Athletic | 42 | 14 | 13 | 15 | 63 | 64 | 0.984 | 41 | - |
| 12th | Rochdale | 42 | 15 | 11 | 16 | 48 | 72 | 0.667 | 41 | - |
| 13th | York City | 42 | 13 | 14 | 15 | 65 | 60 | 1.083 | 40 | - |
| 14th | Bradford City | 42 | 15 | 10 | 17 | 65 | 66 | 0.985 | 40 | - |
| 15th | Southport | 42 | 14 | 11 | 17 | 60 | 63 | 0.952 | 39 | - |
| 16th | Darlington | 42 | 13 | 13 | 16 | 54 | 70 | 0.771 | 39 | - |
| 17th | Stockport County | 42 | 13 | 12 | 17 | 63 | 67 | 0.940 | 38 | - |
| 18th | Tranmere Rovers | 42 | 16 | 4 | 22 | 54 | 72 | 0.750 | 36 | - |
| 19th | Hartlepools United | 42 | 14 | 8 | 20 | 51 | 73 | 0.699 | 36 | - |
| 20th | Chester | 42 | 13 | 9 | 20 | 64 | 67 | 0.955 | 35 | - |
| 21st | Halifax Town | 42 | 7 | 13 | 22 | 43 | 76 | 0.566 | 27 | Re Elected |
| 22nd | New Brighton | 42 | 8 | 9 | 25 | 38 | 81 | 0.469 | 25 | Re Elected |
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Election for League Membership |
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| The bottom two clubs were required to seek re-election to the League. They were joined in the vote for membership of the Northern section of the Third Division by 8 non-league clubs. | ||
| Votes | Club | End Result |
| 47 | Halifax Town | Re Elected to the League |
| 38 | New Brighton | Re Elected to the League |
| 8 | Shrewsbury Town | Not Elected to the League |
| 2 | Scunthorpe & Lindsey United | Not Elected to the League |
| 1 | South Liverpool | Not Elected to the League |
| 0 | Nelson | Not Elected to the League |
| 0 | North Shields | Not Elected to the League |
| 0 | Northwich Victoria | Not Elected to the League |
| 0 | Wigan Athletic | Not Elected to the League |
| 0 | Workington | Not Elected to the League |
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End of Season Notes |
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▼Doncaster Rovers were Relegated from the Football League Second Division |
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▲Lincoln City were Promoted to the Football League Second Division |
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- Halifax Town were Re-Elected to the League |
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- New Brighton were Re-Elected to the League |
