ZIP Code 48861 has segments in 2 Counties (Eaton, Ionia).
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 | 1,522 (100%) |
Population in Households | 1,522 (100.0%) |
Population in Families | 1,316 (86.5%) |
Population in Group Quarters1 | 0 |
Population Density | 57 |
Diversity Index2 | 20 |
INCOME | |
Median Household Income | $86,384 |
Average Household Income | $126,891 |
% of Income for Mortgage4 | 14% |
Per Capita Income | $48,188 |
Wealth Index5 | 140 |
Socioeconomic Status Index6 | Moderate (56.1) |
HOUSING | |
---|---|
Total HU (Housing Units) | 625 (100%) |
Owner Occupied HU | 491 (78.6%) |
Renter Occupied HU | 87 (13.9%) |
Vacant Housing Units | 47 ( 7.5%) |
Median Home Value | $196,750 |
Average Home Value | $227,749 |
Housing Affordability Index3 | 166 |
HOUSEHOLDS | |
Total Households | 578 |
Average Household Size | 2.63 |
Family Households | 458 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 0.57% | -0.07% |
Households | 0.54% | 0.17% |
Families | 0.17% | |
Median Household Income | 3.23% | |
Per Capita Income | 3.29% | |
Owner Occupied HU | 0.36% |
The table below compares 48861 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 | # 744 | 24th |
Population Density | # 659 | 33rd |
Median Household Income | # 121 | 88th |
Housing Affordability Index | # 912 | 93rd |
Per Capita Income | # 119 | 88th |
Diversity Index | # 594 | 40th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.