ZIP Code 48840 has segments in 2 Counties (Clinton, Ingham).
The ZIP Code maps and database are updated 4 times per year.
Database updated: October 1, 2023, Maps updated: August 11, 2023.
POPULATION | |
---|---|
Total Population | 12,282 (100%) |
Population in Households | 12,228 (99.6%) |
Population in Families | 8,988 (73.2%) |
Population in Group Quarters1 | 54 ( 0.4%) |
Population Density | 560 |
Diversity Index2 | 39 |
INCOME | |
Median Household Income | $76,740 |
Average Household Income | $105,268 |
% of Income for Mortgage4 | 21% |
Per Capita Income | $47,721 |
Wealth Index5 | 105 |
Socioeconomic Status Index6 | Moderate (60.6) |
HOUSING | |
---|---|
Total HU (Housing Units) | 5,922 (100%) |
Owner Occupied HU | 3,714 (62.7%) |
Renter Occupied HU | 1,853 (31.3%) |
Vacant Housing Units | 355 ( 6.0%) |
Median Home Value | $267,806 |
Average Home Value | $293,296 |
Housing Affordability Index3 | 99 |
HOUSEHOLDS | |
Total Households | 5,567 |
Average Household Size | 2.20 |
Family Households | 3,082 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 0.35% | -0.09% |
Households | 0.28% | 0.09% |
Families | 0.00% | |
Median Household Income | 3.31% | |
Per Capita Income | 2.99% | |
Owner Occupied HU | 0.32% |
The table below compares 48840 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 | # 290 | 70th |
Population Density | # 268 | 73rd |
Median Household Income | # 223 | 77th |
Housing Affordability Index | # 164 | 17th |
Per Capita Income | # 121 | 88th |
Diversity Index | # 227 | 77th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.