ZIP 48116 - 860Z200US48116 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 48116, located in Brighton, Michigan, this demographic and housing snapshot offers a clear picture of the area. With data from 2023, we’ve compiled key metrics on population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Whether you’re looking for a family-friendly community, a strong rental market, or a stable customer base, understanding ZIP 48116’s profile is the first step.

Population & Households

ZIP 48116 is home to a population of 27,817 residents, making it a moderately sized community with a suburban feel. These residents are distributed across 11,534 households, reflecting a mix of family and individual living arrangements. With 12,230 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new buyers or renters. This balance suggests a stable housing market with room for growth, appealing to those looking to settle or invest in the region.

Income & Housing Costs

One of the standout features of ZIP 48116 is its strong economic profile. The median household income stands at $109,606, well above the national average, indicating a relatively affluent community with significant purchasing power. For homebuyers and investors, the median house value of $355,800 reflects a robust real estate market, likely driven by demand for quality homes in a desirable area. Renters, on the other hand, face a median rent of $1,229 per month, which is reasonable compared to the home values and income levels, suggesting a balanced rental market for potential landlords or tenants.

Race & Ethnicity

The demographic makeup of ZIP 48116 is predominantly White, with 92.71% of the population identifying as such. Other racial and ethnic groups include Hispanic at 2.47%, Asian at 1.01%, and Black at 0.47%. This composition points to a largely homogeneous community, which may influence cultural dynamics, local businesses, and community services. For those considering relocation or business ventures, this data can help gauge the area’s diversity and potential customer or neighbor demographics.

Key Facts

• Total population: 27,817 residents, offering a suburban community scale.
• Total households: 11,534, with a mix of family and individual setups.
• Total housing units: 12,230, indicating some availability for new occupants.
• Median household income: $109,606, reflecting strong local earning power.
• Median house value: $355,800, signaling a valuable real estate market.
• Median rent: $1,229, providing a balanced option for renters and landlords.
• Racial composition: 92.71% White, 2.47% Hispanic, 1.01% Asian, 0.47% Black.

What This Means for You

For homebuyers, ZIP 48116 offers a financially stable community with high median incomes and home values, suggesting long-term value appreciation and a quality living environment. The slight surplus of housing units could mean opportunities to find a home without intense competition, though the $355,800 median price point requires careful budgeting.

For real estate investors and agents, the combination of high income levels and reasonable rental rates ($1,229 median) points to a promising market for both buying properties to hold and renting them out. The area’s economic strength reduces the risk of tenant turnover due to financial strain.

For small-business owners, the affluent population with a median income over $109,000 represents a customer base with disposable income, ideal for retail, dining, or service-based businesses. However, the predominantly White demographic may require tailored marketing to resonate with the majority while considering niche opportunities for diverse offerings.

For analysts, the data underscores a stable, prosperous ZIP code with potential for growth in housing demand and local commerce, making it a candidate for deeper market studies or investment focus.

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