ZIP 48089 - 860Z200US48089 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 48089 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 appeals to a wide range of stakeholders. In this detailed snapshot based on 2023 data, we’ll break down the population, household statistics, income levels, housing costs, and racial composition of ZIP 48089. Whether you’re a homebuyer, real estate investor, agent, small-business owner, or analyst, these insights will help you make informed decisions about opportunities in this community.

Population & Households

ZIP 48089 is home to a population of 32,126 residents, making it a moderately sized community with a vibrant mix of individuals and families. The area supports 12,471 households, reflecting a solid base of local residents who contribute to the community’s economic and social fabric. With 13,597 total housing units, there’s a slight surplus of available homes compared to occupied households, which could indicate potential opportunities for buyers or investors looking to enter the market. This balance suggests a stable residential environment with room for growth or turnover.

Income & Housing Costs

The median household income in ZIP 48089 stands at $53,076, positioning it as a community with moderate earning power. This income level supports a range of lifestyles and can be attractive to businesses targeting middle-income consumers. On the housing front, the median home value is $117,300, offering relative affordability compared to many urban or suburban markets. For renters, the median rent is $1,187 per month, which aligns with the income levels and suggests a balanced cost of living for those not ready to buy. These figures highlight ZIP 48089 as a potentially accessible entry point for first-time homebuyers or investors seeking value-driven properties.

Race & Ethnicity

ZIP 48089 boasts a diverse population, which adds to its cultural richness and appeal for businesses and residents alike. The racial composition breaks down as follows: 53.19% White, 31.27% Black, 6.86% Asian, and 2.83% Hispanic, with the remainder comprising other or mixed-race individuals. This diversity can be a significant draw for small-business owners looking to serve a varied customer base or for families seeking an inclusive community. It also signals a market with broad appeal for real estate agents and investors who prioritize culturally dynamic areas.

Key Facts

• Total population: 32,126 residents in ZIP 48089 as of 2023.
• Total households: 12,471, supporting a stable community base.
• Total housing units: 13,597, indicating some availability for new occupants.
• Median household income: $53,076, reflecting moderate earning capacity.
• Median home value: $117,300, offering affordability for buyers.
• Median rent: $1,187, aligning with local income levels.
• Diverse demographics: 53.19% White, 31.27% Black, 6.86% Asian, 2.83% Hispanic.

What This Means for You

For homebuyers, ZIP 48089 presents an affordable opportunity with a median home value of $117,300, well within reach for many first-time buyers or those looking to downsize. The slight surplus of housing units (13,597 total versus 12,471 households) suggests you may have negotiating power or options to choose from. Investors and real estate agents will find value in the area’s diversity and moderate income levels, which indicate a steady demand for both rentals and purchases—especially with a median rent of $1,187 that fits the local budget. Small-business owners can capitalize on the diverse population of 32,126, tailoring products or services to a wide range of cultural preferences and needs. Analysts studying market trends will appreciate the balanced demographics and housing metrics as indicators of stability with growth potential. Across all groups, ZIP 48089 offers a practical, community-driven environment to build roots or revenue.

Run This Study Yourself

• Curious about diving deeper into ZIP 48089 or exploring another area? Start by visiting ZipcodeGPT for a user-friendly platform to analyze local data.
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