ZIP 48021 - 860Z200US48021 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 48021 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in a dynamic area, this ZIP code offers a blend of affordability and diversity that can appeal to a wide range of stakeholders. With data drawn from 2023, this snapshot provides a clear picture of the population, income levels, housing costs, and cultural composition. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about opportunities in 48021.

Population & Households

ZIP code 48021 is home to a population of 34,003 residents, making it a moderately sized community with a significant local market. These individuals are distributed across 13,400 households, reflecting a mix of family and individual living arrangements. With 14,124 total housing units in the area, there’s a small buffer of available properties, which could indicate potential for growth or turnover in the housing market. For businesses and investors, this population size suggests a stable customer base or tenant pool, while homebuyers can expect a community with an established presence.

Income & Housing Costs

The median household income in ZIP 48021 stands at $58,196, positioning it as a middle-income area where residents have moderate purchasing power. This income level can support local businesses and indicates a workforce with disposable income for goods and services. On the housing front, the median home value is $129,100, offering relative affordability compared to many urban markets. This price point could be attractive to first-time homebuyers or investors seeking entry-level properties with potential for appreciation. Meanwhile, the median rent of $1,335 reflects a rental market that caters to a range of budgets, providing options for those not ready to buy.

Race & Ethnicity

The demographic makeup of ZIP 48021 is notably diverse, with a racial composition that includes 52.99% Black, 38.53% White, 0.79% Asian, and 0.95% Hispanic residents. This diversity shapes the cultural fabric of the community, offering a rich environment for businesses catering to varied tastes and needs. For homebuyers and investors, this mix can translate to a vibrant neighborhood with unique social dynamics. Small-business owners may find opportunities to serve niche markets or build inclusive offerings that resonate with a broad audience in 48021.

Key Facts

• Total population: 34,003 residents, providing a substantial local market.
• Total households: 13,400, indicating a mix of family and individual living setups.
• Total housing units: 14,124, suggesting some availability for new residents or investors.
• Median household income: $58,196, reflecting moderate economic stability.
• Median home value: $129,100, an affordable entry point for buyers and investors.
• Median rent: $1,335, offering rental options for diverse budgets.
• Racial diversity: Predominantly Black (52.99%) and White (38.53%), with smaller Asian and Hispanic populations.

What This Means for You

For homebuyers, ZIP 48021 presents an affordable opportunity with a median home value of $129,100, ideal for those entering the market or seeking a cost-effective place to settle. The diverse community offers a welcoming environment with a range of cultural influences. Real estate investors and agents can capitalize on the slight surplus of housing units (14,124 total) compared to households (13,400), which may signal room for rental or flip opportunities at reasonable price points. Small-business owners will find a population of 34,003 with a median income of $58,196, suggesting a customer base with spending potential—especially if you tailor offerings to the area’s diversity. Analysts can use these metrics to benchmark 48021 against neighboring ZIP codes or assess trends in housing affordability and demographic shifts.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 48021? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date statistics on population, income, housing, and more, tailored to your needs.
• Use the insights to inform your homebuying, investment, or business decisions with confidence and precision.