ZIP Code 48880 has segments in 2 Counties (Gratiot, Midland).
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 | 10,378 (100%) |
Population in Households | 6,649 (64.1%) |
Population in Families | 5,160 (49.7%) |
Population in Group Quarters1 | 3,729 (35.9%) |
Population Density | 129 |
Diversity Index2 | 49 |
INCOME | |
Median Household Income | $59,871 |
Average Household Income | $84,825 |
% of Income for Mortgage4 | 16% |
Per Capita Income | $23,420 |
Wealth Index5 | 73 |
Socioeconomic Status Index6 | Moderate (49.8) |
HOUSING | |
---|---|
Total HU (Housing Units) | 3,048 (100%) |
Owner Occupied HU | 2,139 (70.2%) |
Renter Occupied HU | 664 (21.8%) |
Vacant Housing Units | 245 ( 8.0%) |
Median Home Value | $149,126 |
Average Home Value | $175,503 |
Housing Affordability Index3 | 150 |
HOUSEHOLDS | |
Total Households | 2,803 |
Average Household Size | 2.37 |
Family Households | 1,764 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2024 | 2024-2029 |
---|---|---|
Population | -0.50% | -0.22% |
Households | 0.02% | 0.11% |
Families | -0.11% | |
Median Household Income | 2.98% | |
Per Capita Income | 3.31% | |
Owner Occupied HU | 0.45% |
The table below compares 48880 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 | # 320 | 67th |
Population Density | # 447 | 53rd |
Median Household Income | # 639 | 33rd |
Housing Affordability Index | # 850 | 89th |
Per Capita Income | # 917 | 4th |
Diversity Index | # 152 | 84th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.