49064 ZIP Code Profile, Map, Data & Demographics

The ZIP Code maps and database are updated 4 times per year.
Database updated: June 1, 2024, Maps updated: May 1, 2024.

Lawrence, MI 49064 Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	3,824 (100%)
Population in Households	3,780 (98.8%)
Population in Families	3,093 (80.9%)
Population in Group Quarters¹	44 ( 1.2%)
Population Density	81
Diversity Index²	61


INCOME
Median Household Income	$63,268
Average Household Income	$84,500
% of Income for Mortgage⁴	24%
Per Capita Income	$31,349
Wealth Index⁵	79
Socioeconomic Status Index⁶	Low (40.5)

HOUSING
Total HU (Housing Units)	1,783 (100%)
Owner Occupied HU	1,147 (64.3%)
Renter Occupied HU	271 (15.2%)
Vacant Housing Units	365 (20.5%)
Median Home Value	$242,829
Average Home Value	$285,113
Housing Affordability Index³	98

HOUSEHOLDS
Total Households	1,418
Average Household Size	2.67
Family Households	957
Average Family Size	3.00

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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Lawrence, MI 49064 - Peer Comparisons by Rank and Percentile

The table below compares 49064 to the other 958 ZIP Codes in Michigan by rank and percentile using July 1, 2024 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	2020-2024	2024-2029
Population	-0.55%	-0.16%
Households	0.00%	0.04%
Families		-0.15%
Median Household Income		3.33%
Per Capita Income		3.27%
Owner Occupied HU		0.59%

Variable Description	Rank	Percentile
Total Population	# 535	44th
Population Density	# 552	42nd
Median Household Income	# 547	43rd
Housing Affordability Index	# 193	20th
Per Capita Income	# 749	22nd
Diversity Index	# 68	93rd

49064 ZIP Code Profile, Map, Data & Demographics

ZIP Code 49064: Basic Data & USPS Preferred City Name

Lawrence, MI 49064 Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Lawrence, MI 49064 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 49064

Use HTL Address Research for a Michigan Address and get...

Quick & Easy Ways to...

Michigan Census Data Comparison Tool

More Tools and Resources:

Van Buren County