ZIP Code 48762 has segments in 2 Counties (Alcona, Alpena).
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 | 771 (100%) |
Population in Households | 771 (100.0%) |
Population in Families | 615 (79.8%) |
Population in Group Quarters1 | 0 |
Population Density | 24 |
Diversity Index2 | 7 |
INCOME | |
Median Household Income | $62,701 |
Average Household Income | $89,097 |
% of Income for Mortgage4 | 24% |
Per Capita Income | $42,411 |
Wealth Index5 | 114 |
Socioeconomic Status Index6 | Moderate (52.1) |
HOUSING | |
---|---|
Total HU (Housing Units) | 916 (100%) |
Owner Occupied HU | 343 (37.4%) |
Renter Occupied HU | 24 ( 2.6%) |
Vacant Housing Units | 549 (59.9%) |
Median Home Value | $246,951 |
Average Home Value | $274,417 |
Housing Affordability Index3 | 103 |
HOUSEHOLDS | |
Total Households | 367 |
Average Household Size | 2.10 |
Family Households | 251 |
Average Family Size | 2.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -1.77% | -0.18% |
Households | 0.68% | 0.05% |
Families | -0.08% | |
Median Household Income | 1.32% | |
Per Capita Income | 3.35% | |
Owner Occupied HU | -0.29% |
The table below compares 48762 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 | # 840 | 14th |
Population Density | # 826 | 16th |
Median Household Income | # 446 | 54th |
Housing Affordability Index | # 197 | 20th |
Per Capita Income | # 220 | 78th |
Diversity Index | # 962 | 2nd |
Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.