ZIP Code 48623 has segments in 3 Counties (Bay, Midland, Saginaw).
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 | 14,410 (100%) |
Population in Households | 12,864 (89.3%) |
Population in Families | 11,052 (76.7%) |
Population in Group Quarters1 | 1,546 (10.7%) |
Population Density | 208 |
Diversity Index2 | 32 |
INCOME | |
Median Household Income | $84,144 |
Average Household Income | $109,209 |
% of Income for Mortgage4 | 17% |
Per Capita Income | $37,299 |
Wealth Index5 | 108 |
Socioeconomic Status Index6 | Moderate (58.2) |
HOUSING | |
---|---|
Total HU (Housing Units) | 5,177 (100%) |
Owner Occupied HU | 4,125 (79.7%) |
Renter Occupied HU | 776 (15.0%) |
Vacant Housing Units | 276 ( 5.3%) |
Median Home Value | $232,673 |
Average Home Value | $254,352 |
Housing Affordability Index3 | 136 |
HOUSEHOLDS | |
Total Households | 4,901 |
Average Household Size | 2.62 |
Family Households | 3,635 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -0.18% | -0.01% |
Households | 0.08% | 0.38% |
Families | 0.24% | |
Median Household Income | 2.52% | |
Per Capita Income | 3.35% | |
Owner Occupied HU | 0.59% |
The table below compares 48623 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 | # 266 | 73rd |
Population Density | # 365 | 63rd |
Median Household Income | # 140 | 86th |
Housing Affordability Index | # 715 | 73rd |
Per Capita Income | # 363 | 63rd |
Diversity Index | # 291 | 70th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.