48860 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.

Muir, MI 48860 Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	1,328 (100%)
Population in Households	1,328 (100.0%)
Population in Families	1,119 (84.3%)
Population in Group Quarters¹	0
Population Density	47
Diversity Index²	18


INCOME
Median Household Income	$77,795
Average Household Income	$83,604
% of Income for Mortgage⁴	16%
Per Capita Income	$33,177
Wealth Index⁵	63
Socioeconomic Status Index⁶	Moderate (50.3)

HOUSING
Total HU (Housing Units)	556 (100%)
Owner Occupied HU	418 (75.2%)
Renter Occupied HU	109 (19.6%)
Vacant Housing Units	29 ( 5.2%)
Median Home Value	$196,774
Average Home Value	$228,349
Housing Affordability Index³	150

HOUSEHOLDS
Total Households	527
Average Household Size	2.52
Family Households	364
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.

Muir, MI 48860 - Peer Comparisons by Rank and Percentile

The table below compares 48860 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	-0.05%	-0.15%
Households	0.27%	0.08%
Families		-0.72%
Median Household Income		2.29%
Per Capita Income		2.65%
Owner Occupied HU		0.57%

Variable Description	Rank	Percentile
Total Population	# 770	20th
Population Density	# 698	27th
Median Household Income	# 290	70th
Housing Affordability Index	# 851	89th
Per Capita Income	# 666	31st
Diversity Index	# 696	28th

48860 ZIP Code Profile, Map, Data & Demographics

ZIP Code 48860: Basic Data & USPS Preferred City Name

Muir, MI 48860 Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Muir, MI 48860 - Peer Comparisons by Rank and Percentile

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