ZIP Code 48650 has segments in 2 Counties (Arenac, Bay).
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 | 6,679 (100%) |
Population in Households | 6,656 (99.7%) |
Population in Families | 5,393 (80.7%) |
Population in Group Quarters1 | 23 ( 0.3%) |
Population Density | 69 |
Diversity Index2 | 19 |
INCOME | |
Median Household Income | $60,684 |
Average Household Income | $76,307 |
% of Income for Mortgage4 | 13% |
Per Capita Income | $32,564 |
Wealth Index5 | 59 |
Socioeconomic Status Index6 | Moderate (49.2) |
HOUSING | |
---|---|
Total HU (Housing Units) | 3,117 (100%) |
Owner Occupied HU | 2,442 (78.3%) |
Renter Occupied HU | 408 (13.1%) |
Vacant Housing Units | 267 ( 8.6%) |
Median Home Value | $127,328 |
Average Home Value | $174,386 |
Housing Affordability Index3 | 176 |
HOUSEHOLDS | |
Total Households | 2,850 |
Average Household Size | 2.34 |
Family Households | 1,898 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -0.53% | -0.38% |
Households | -0.18% | -0.15% |
Families | -0.20% | |
Median Household Income | 2.49% | |
Per Capita Income | 3.22% | |
Owner Occupied HU | -0.12% |
The table below compares 48650 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 | # 406 | 59th |
Population Density | # 599 | 39th |
Median Household Income | # 495 | 49th |
Housing Affordability Index | # 937 | 96th |
Per Capita Income | # 597 | 39th |
Diversity Index | # 646 | 34th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.