ZIP 48146 - 860Z200US48146 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 48146, located in Michigan, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of nearly 40,000 and a diverse community, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest data, this analysis covers population trends, income levels, housing costs, and racial composition to help you make informed decisions.

Population & Households

ZIP 48146 is home to 39,511 residents, making it a moderately sized community with a strong local presence. These individuals are distributed across 15,048 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 15,874, indicating a slight surplus of available homes compared to occupied households. This could suggest opportunities for buyers or investors looking to enter the market, as well as potential rental demand for landlords.

Income & Housing Costs

The median household income in ZIP 48146 is $57,183, which provides a solid economic foundation for many residents. This income level supports a range of lifestyles and spending capacities, making it an attractive area for small businesses targeting middle-income consumers. On the housing front, the median home value is $117,400, offering relatively affordable entry points for first-time buyers or investors seeking value-driven properties. For renters, the median monthly rent is $972, which aligns with the income levels and suggests a balanced rental market for both tenants and property owners.

Race & Ethnicity

The demographic makeup of ZIP 48146 reflects a diverse community with a variety of cultural backgrounds. The racial composition includes 60.15% White, 8.8% Black, 0.62% Asian, and a significant 24.74% Hispanic population. This diversity can be a draw for businesses and investors looking to cater to a broad customer base or for families seeking an inclusive environment. Understanding these dynamics can help tailor marketing strategies, community engagement, or property development plans to resonate with local residents.

Key Facts

• Total population: 39,511 residents, offering a substantial local market.
• Total households: 15,048, indicating a mix of family and solo living.
• Total housing units: 15,874, with a small surplus of available homes.
• Median household income: $57,183, supporting middle-income lifestyles.
• Median home value: $117,400, an accessible price point for many buyers.
• Median rent: $972 per month, reflecting a stable rental market.
• Racial diversity: 60.15% White, 24.74% Hispanic, 8.8% Black, 0.62% Asian.

What This Means for You

For homebuyers, ZIP 48146 offers affordable housing with a median home value of $117,400, well within reach for those earning near the median income of $57,183. The slight surplus of housing units (15,874 vs. 15,048 households) may give you negotiating power in a less competitive market. For investors and real estate agents, the combination of reasonable home prices and a stable rental market (median rent of $972) suggests potential for both flipping properties and long-term rental income. The area’s diversity also means a wide tenant pool. For small-business owners, the population of 39,511 and diverse demographic makeup provide a robust customer base, especially for businesses that can cater to varied cultural needs or middle-income budgets. Finally, analysts can use this data to track trends in housing availability, income distribution, and community growth for deeper market studies.

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