ZIP 48093 - 860Z200US48093 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 48093 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in Michigan, this area offers a mix of suburban appeal and economic diversity. With a population of over 24,000 and a median household income of $66,420, ZIP 48093 presents opportunities for homebuyers, real estate investors, small-business owners, and analysts alike. This snapshot, based on 2023 data, breaks down key metrics to help you make informed decisions about living, investing, or operating in this community.

Population & Households

ZIP 48093 is home to 24,485 residents, making it a moderately sized community with a stable residential base. These individuals are distributed across 10,123 households, reflecting a mix of family and individual living arrangements. With 10,480 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking to enter the market. This balance between population and housing stock suggests a community with room for growth or potential rental opportunities.

Income & Housing Costs

The median household income in ZIP 48093 stands at $66,420, positioning it as a middle-income area with reasonable earning power. For homebuyers, this income level supports affordability when paired with the median house value of $197,100—a price point that may appeal to first-time buyers or those seeking value in a suburban setting. Renters, on the other hand, face a median rent of $1,123 per month, which aligns with the income levels but could impact affordability for lower-earning households. For investors and business owners, these figures highlight a community with economic stability and potential demand for both owned and rented properties.

Race & Ethnicity

The demographic makeup of ZIP 48093 reflects a diverse yet predominantly white community. Approximately 66.03% of residents identify as white, followed by 18.03% as Black, 9.14% as Asian, and 1.32% as Hispanic. This diversity can enrich the cultural fabric of the area, offering a blend of perspectives and experiences. For businesses, this mix suggests a varied customer base with potential needs for tailored products or services. Homebuyers and investors may also value the inclusive environment as a draw for future growth and community engagement.

Key Facts

• Total population: 24,485 residents in ZIP 48093.
• Total households: 10,123, indicating a mix of family and solo living.
• Total housing units: 10,480, with a small surplus over occupied homes.
• Median household income: $66,420, reflecting middle-income stability.
• Median house value: $197,100, accessible for many buyers.
• Median rent: $1,123 per month, a key consideration for renters and investors.
• Racial composition: 66.03% white, 18.03% Black, 9.14% Asian, 1.32% Hispanic.

What This Means for You

For homebuyers, ZIP 48093 offers a compelling mix of affordability and community size. With a median home value of $197,100, it’s a feasible entry point into homeownership, especially for those earning near the area’s median income of $66,420. Investors and real estate agents will note the slight surplus of housing units (10,480 total) over households (10,123), which could signal opportunities for rental properties or future sales as demand grows. The median rent of $1,123 also suggests a viable rental market for landlords. Small-business owners can leverage the diverse population of 24,485 and the cultural mix to target a broad customer base, potentially focusing on niche markets or community-specific needs. Analysts studying this area will find a stable economic foundation with room for growth, particularly in housing and local commerce.

Run This Study Yourself

Want to dive deeper into ZIP 48093 or explore another area? Follow these steps to uncover detailed insights tailored to your needs:

• Visit ZipcodeGPT to access powerful demographic and housing analysis tools.
• Enter any ZIP code to generate a comprehensive report with the latest data.
• Use the insights to make informed decisions for buying, investing, or starting a business.