ZIP Code 48745 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 | 1,166 (100%) |
Population in Households | 1,166 (100.0%) |
Population in Families | 905 (77.6%) |
Population in Group Quarters1 | 0 |
Population Density | 14 |
Diversity Index2 | 11 |
INCOME | |
Median Household Income | $51,919 |
Average Household Income | $66,564 |
% of Income for Mortgage4 | 16% |
Per Capita Income | $31,741 |
Wealth Index5 | 55 |
Socioeconomic Status Index6 | Moderate (49.4) |
HOUSING | |
---|---|
Total HU (Housing Units) | 829 (100%) |
Owner Occupied HU | 483 (58.3%) |
Renter Occupied HU | 73 ( 8.8%) |
Vacant Housing Units | 273 (32.9%) |
Median Home Value | $140,705 |
Average Home Value | $152,226 |
Housing Affordability Index3 | 149 |
HOUSEHOLDS | |
Total Households | 556 |
Average Household Size | 2.10 |
Family Households | 352 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 0.21% | 0.24% |
Households | 0.85% | 0.67% |
Families | 0.56% | |
Median Household Income | 2.42% | |
Per Capita Income | 3.39% | |
Owner Occupied HU | 0.65% |
The table below compares 48745 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 | # 793 | 19th |
Population Density | # 873 | 11th |
Median Household Income | # 764 | 22nd |
Housing Affordability Index | # 826 | 85th |
Per Capita Income | # 647 | 34th |
Diversity Index | # 934 | 5th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.