ZIP code 48602: income, home prices and cost of living

The median household income in ZIP 48602 is $44,939, which is 31% below the Michigan median of $65,331 and 35% below the national figure. The typical home is valued at $64,600, and the median rent is $866/month. 60.0% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$44,939

Michigan average
$65,33131%
National
$68,75035%

Median home value

$64,600

Michigan average
$171,50062%
National
$209,60069%

Median gross rent

$866

Michigan average
$9165%
National
$98412%

Median age

35.3 yrs

Michigan average
42.6 yrs17%
National
41.0 yrs14%

Homeownership rate

60.0%

Michigan average
83.0%28%
National
75.8%21%

Bachelor's degree or higher

10.7%

Michigan average
14.6%27%
National
15.9%33%

How ZIP 48602 compares with Michigan and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

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Nearby ZIP codes in Michigan

48601486034860448609486114861248616486174862248623

Or compare 48602 with 48601.

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What people search about ZIP 48602

Searches for the cost of living in 48602, the median household income in 48602, average rent in 48602 and home values in this part of Michigan all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

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Methodology

Figures describe ZIP Code Tabulation Area 48602, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.