ZIP Code 48738 has segments in 2 Counties (Alcona, Iosco).
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 | 1,268 (100%) |
Population in Households | 1,268 (100.0%) |
Population in Families | 983 (77.5%) |
Population in Group Quarters1 | 0 |
Population Density | 60 |
Diversity Index2 | 14 |
INCOME | |
Median Household Income | $52,354 |
Average Household Income | $71,240 |
% of Income for Mortgage4 | 19% |
Per Capita Income | $33,934 |
Wealth Index5 | 71 |
Socioeconomic Status Index6 | Moderate (54.9) |
HOUSING | |
---|---|
Total HU (Housing Units) | 1,455 (100%) |
Owner Occupied HU | 546 (37.5%) |
Renter Occupied HU | 58 ( 4.0%) |
Vacant Housing Units | 851 (58.5%) |
Median Home Value | $165,625 |
Average Home Value | $198,168 |
Housing Affordability Index3 | 127 |
HOUSEHOLDS | |
Total Households | 604 |
Average Household Size | 2.10 |
Family Households | 379 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 0.86% | -0.25% |
Households | -0.15% | 0.00% |
Families | -0.05% | |
Median Household Income | 1.82% | |
Per Capita Income | 3.09% | |
Owner Occupied HU | -0.18% |
The table below compares 48738 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 | # 778 | 20th |
Population Density | # 650 | 34th |
Median Household Income | # 753 | 23rd |
Housing Affordability Index | # 569 | 58th |
Per Capita Income | # 511 | 48th |
Diversity Index | # 873 | 10th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.