ZIP code 48823: income, home prices and cost of living
The median household income in ZIP 48823 is $49,302, which is 25% below the Michigan median of $65,331 and 28% below the national figure. The typical home is valued at $247,500, and the median rent is $1,099/month. 44.3% of households own their home.
Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.
Median household income
$49,302
- Michigan average
- $65,33125%
- National
- $68,75028%
Median home value
$247,500
- Michigan average
- $171,50044%
- National
- $209,60018%
Median gross rent
$1,099
- Michigan average
- $91620%
- National
- $98412%
Median age
24.5 yrs
- Michigan average
- 42.6 yrs42%
- National
- 41.0 yrs40%
Homeownership rate
44.3%
- Michigan average
- 83.0%47%
- National
- 75.8%42%
Bachelor's degree or higher
30.6%
- Michigan average
- 14.6%110%
- National
- 15.9%92%
How ZIP 48823 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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What people search about ZIP 48823
Searches for the cost of living in 48823, the median household income in 48823, average rent in 48823 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.
- cost of living in 48823
- median household income in 48823
- home values in 48823
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Methodology
Figures describe ZIP Code Tabulation Area 48823, 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.