ZIP 48105 - 860Z200US48105 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 48105, located in the Ann Arbor area of Michigan, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ll break down key metrics like population, income, housing costs, and racial composition to help you make informed decisions. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights provide a foundation for understanding the dynamics of ZIP 48105.

Population & Households

ZIP 48105 is home to a population of 36,959 residents, making it a moderately sized community with a mix of urban and suburban characteristics. This area supports 15,472 households, reflecting a diverse range of family structures and living arrangements. The total number of housing units stands at 16,773, indicating a slight surplus of available properties compared to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in the area.

Income & Housing Costs

The median household income in ZIP 48105 is $94,737, which points to a relatively affluent community with strong earning potential. This income level supports a robust local economy, making it an attractive spot for businesses catering to middle- and upper-middle-class consumers. On the housing front, the median home value is $485,600, reflecting a competitive real estate market where properties hold significant value. For renters, the median rent is $1,603 per month, which aligns with the area’s higher cost of living but offers access to quality amenities and proximity to Ann Arbor’s economic and cultural hubs.

Race & Ethnicity

The demographic makeup of ZIP 48105 showcases a diverse community with a blend of cultural backgrounds. The racial composition includes 57.08% White, 26.18% Asian, 5.29% Black, and 4.35% Hispanic residents, among other groups. This diversity contributes to a vibrant local culture, with opportunities for businesses and services that cater to varied needs and preferences. For families and individuals, this mix fosters an inclusive environment that can appeal to a wide range of newcomers.

Key Facts

• Total population: 36,959 residents, offering a sizable community with a suburban-urban feel.
• Total households: 15,472, reflecting a mix of family and individual living arrangements.
• Total housing units: 16,773, suggesting some availability for new residents or investors.
• Median household income: $94,737, indicating strong economic stability in the area.
• Median home value: $485,600, pointing to a high-value real estate market.
• Median rent: $1,603, aligning with the area’s elevated cost of living.
• Racial diversity: 57.08% White, 26.18% Asian, 5.29% Black, and 4.35% Hispanic, showcasing a multicultural community.

What This Means for You

For homebuyers, ZIP 48105 offers a competitive yet rewarding housing market. With a median home value of $485,600, properties here are a significant investment, but the area’s median income of $94,737 suggests a stable community with strong purchasing power. The slight surplus of housing units (16,773 total) compared to households (15,472) may provide some negotiating room, though demand near Ann Arbor often remains high.

For real estate investors and agents, the high median home value and rental rates ($1,603 median rent) signal strong potential for returns, especially in a market with consistent demand driven by proximity to educational and economic centers. The diversity of the population also means varied housing needs, from family homes to student rentals.

For small-business owners, the affluent demographic and cultural diversity of ZIP 48105 create fertile ground for targeted offerings. With a sizable population of 36,959 and a strong median income, there’s room for businesses in retail, dining, and professional services that cater to a discerning, multicultural customer base.

For analysts, these metrics provide a snapshot of a thriving, diverse community with economic strength and housing demand, ideal for deeper market studies or trend analysis.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 48105? 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.
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