ZIP Code 48750 has segments in 2 Counties (Alcona, Iosco).
The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2024, Maps updated: February 2, 2024.
POPULATION | |
---|---|
Total Population | 8,898 (100%) |
Population in Households | 8,879 (99.8%) |
Population in Families | 6,596 (74.1%) |
Population in Group Quarters1 | 19 ( 0.2%) |
Population Density | 63 |
Diversity Index2 | 23 |
INCOME | |
Median Household Income | $43,097 |
Average Household Income | $57,866 |
% of Income for Mortgage4 | 15% |
Per Capita Income | $27,024 |
Wealth Index5 | 46 |
Socioeconomic Status Index6 | High (44.9) |
HOUSING | |
---|---|
Total HU (Housing Units) | 6,663 (100%) |
Owner Occupied HU | 3,057 (45.9%) |
Renter Occupied HU | 1,098 (16.5%) |
Vacant Housing Units | 2,508 (37.6%) |
Median Home Value | $108,307 |
Average Home Value | $144,529 |
Housing Affordability Index3 | 159 |
HOUSEHOLDS | |
Total Households | 4,155 |
Average Household Size | 2.14 |
Family Households | 2,452 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 0.17% | 0.08% |
Households | 0.26% | 0.37% |
Families | 0.26% | |
Median Household Income | 2.50% | |
Per Capita Income | 3.20% | |
Owner Occupied HU | 0.58% |
The table below compares 48750 to the other 977 ZIP Codes in Michigan by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 350 | 64th |
Population Density | # 635 | 35th |
Median Household Income | # 890 | 9th |
Housing Affordability Index | # 885 | 91st |
Per Capita Income | # 859 | 12th |
Diversity Index | # 483 | 51st |
Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.