ZIP 48060 - 860Z200US48060 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 48060 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 opportunity and affordability for homebuyers, real estate investors, small-business owners, and analysts. With a population of nearly 40,000 and a median household income of over $51,000, ZIP 48060 presents a stable community with diverse housing options. In this detailed snapshot based on 2023 data, we break down the key metrics to help you make informed decisions about living, investing, or operating in this area.

Population & Households

ZIP 48060 is home to a population of 39,502 residents, making it a moderately sized community with a strong local presence. These residents are distributed across 16,684 households, reflecting a mix of family units, singles, and retirees. The total number of housing units in the area stands at 18,066, indicating some availability of vacant or seasonal properties. This balance between population and housing suggests a community with room for growth, which could be appealing if you’re looking to settle down or invest in an area with potential for future demand.

Income & Housing Costs

The median household income in ZIP 48060 is $51,342, which points to a working-class to middle-income community. This income level supports a housing market where the median home value is $152,000—a price point that may be attractive to first-time buyers or investors seeking affordable entry into the market. For renters, the median monthly rent is $1,005, which aligns with the income demographics and offers a viable option for those not ready to buy. These figures suggest that ZIP 48060 provides a cost-effective environment compared to many urban centers, balancing affordability with access to local amenities.

Race & Ethnicity

The demographic makeup of ZIP 48060 reflects a predominantly White population at 80.4%, with smaller but notable representation from other groups. Black residents account for 7.07% of the population, while Hispanic or Latino individuals make up 6.13%. Asian residents represent a smaller share at 0.58%. This composition indicates a community with a degree of diversity, which can contribute to a culturally rich environment for residents and businesses alike. Understanding these demographics can help tailor business offerings or community engagement strategies to the local population.

Key Facts

• Total population in ZIP 48060: 39,502 residents.
• Total households: 16,684, supporting a mix of family and individual living arrangements.
• Total housing units: 18,066, with some availability for new occupants or investors.
• Median household income: $51,342, indicative of a stable economic base.
• Median home value: $152,000, offering affordability for buyers and investors.
• Median rent: $1,005 per month, a reasonable cost for renters in the area.
• Racial composition: 80.4% White, 7.07% Black, 6.13% Hispanic, 0.58% Asian.

What This Means for You

For homebuyers, ZIP 48060 offers an affordable entry into homeownership with a median home value of $152,000, well within reach for many middle-income families. The availability of housing units also means you may have options to choose from. For investors and real estate agents, the gap between total housing units and occupied households suggests potential for rental properties or fixer-uppers, especially given the reasonable median rent of $1,005. The steady population and income levels provide a reliable tenant base. For small-business owners, the diverse yet predominantly White demographic, coupled with a solid median income, indicates a community with consistent purchasing power—ideal for retail, services, or dining ventures. Finally, analysts can use these metrics to benchmark ZIP 48060 against neighboring areas, identifying trends in affordability and growth potential.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 48060? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, income, and housing insights tailored to your needs.
• Use the detailed reports to inform your next move, whether you’re buying, investing, or planning a business in the area.