48743 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Iosco County
Centroid: Latitude 44.43, Longitude -83.877
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 48743 has segments in 2 Counties (Iosco, Ogemaw).

Businesses Addresses: 2
PO Box Addresses: 21
Residential Addresses: 27

Multi-Family Addresses: 0
Single Family Addresses: 27

Foreclosures in MI 48743

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2023, Maps updated: August 12, 2022.

Long Lake, MI 48743 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	28 (100%)
Population in Households	28 (100.0%)
Population in Families	21 (75.0%)
Population in Group Quarters¹	0
Population Density	6
Diversity Index²	14


INCOME
Median Household Income	$50,000
Average Household Income	$106,332
% of Income for Mortgage⁴	0%
Per Capita Income	$29,126
Wealth Index⁵	144

HOUSING
Total HU (Housing Units)	35 (100%)
Owner Occupied HU	3 ( 8.6%)
Renter Occupied HU	0
Vacant Housing Units	32 (91.4%)
Median Home Value	$200,000
Average Home Value	$212,500
Housing Affordability Index³	0

HOUSEHOLDS
Total Households	3
Average Household Size	9.33
Family Households	2
Average Family Size	11.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Long Lake, MI 48743 - Peer Comparisons by Rank and Percentile

The table below compares 48743 to the other 977 ZIP Codes in Michigan by rank and percentile using July 1, 2022 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.

GROWTH RATE / YEAR	2020-2022	2022-2027
Population	0.00%	-0.72%
Households	0.00%	0.00%
Families		0.00%
Median Household Income		0.00%
Per Capita Income		3.09%
Owner Occupied HU		0.00%

Variable Description	Rank	Percentile
Total Population	# 957	2nd
Population Density	# 928	5th
Median Household Income	# 775	21st
Housing Affordability Index	# 18	2nd
Per Capita Income	# 703	28th
Diversity Index	# 878	10th

48743 ZIP Code Profile, Map, Data & Demographics

ZIP Code 48743: Basic Data & USPS Preferred City Name

Long Lake, MI 48743 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Long Lake, MI 48743 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 48743

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