ZIP Code 48650 has segments in 2 Counties (Arenac, Bay).
The ZIP Code maps and database are updated 4 times per year.
Database updated: June 1, 2024, Maps updated: May 1, 2024.
POPULATION | |
---|---|
Total Population | 6,610 (100%) |
Population in Households | 6,587 (99.7%) |
Population in Families | 5,243 (79.3%) |
Population in Group Quarters1 | 23 ( 0.3%) |
Population Density | 70 |
Diversity Index2 | 20 |
INCOME | |
Median Household Income | $65,686 |
Average Household Income | $79,228 |
% of Income for Mortgage4 | 15% |
Per Capita Income | $33,985 |
Wealth Index5 | 63 |
Socioeconomic Status Index6 | Moderate (49.8) |
HOUSING | |
---|---|
Total HU (Housing Units) | 3,096 (100%) |
Owner Occupied HU | 2,455 (79.3%) |
Renter Occupied HU | 380 (12.3%) |
Vacant Housing Units | 261 ( 8.4%) |
Median Home Value | $156,801 |
Average Home Value | $189,318 |
Housing Affordability Index3 | 153 |
HOUSEHOLDS | |
Total Households | 2,835 |
Average Household Size | 2.32 |
Family Households | 1,835 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2024 | 2024-2029 |
---|---|---|
Population | -0.53% | -0.41% |
Households | -0.12% | 0.11% |
Families | 0.04% | |
Median Household Income | 3.50% | |
Per Capita Income | 3.73% | |
Owner Occupied HU | 0.53% |
The table below compares 48650 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.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 411 | 57th |
Population Density | # 592 | 38th |
Median Household Income | # 485 | 49th |
Housing Affordability Index | # 863 | 90th |
Per Capita Income | # 620 | 35th |
Diversity Index | # 628 | 35th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.