ZIP 48180 - 860Z200US48180 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 48180, located in Taylor, Michigan, this demographic and housing snapshot offers a clear picture of the area in 2023. With a sizable population, diverse community, and affordable housing options, this ZIP code presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Let’s dive into the key metrics to help you make informed decisions about living, working, or investing here.

Population & Households

ZIP 48180 is home to a population of 62,405 residents, making it a vibrant and active community. These individuals are distributed across 25,256 households, reflecting a mix of family structures and living arrangements. With 26,741 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 for rental properties. This balance suggests a stable residential base with room for growth, ideal for those seeking a community with both established roots and potential for expansion.

Income & Housing Costs

The median household income in ZIP 48180 stands at $59,537, positioning it as a middle-income area where residents enjoy a moderate cost of living. Housing affordability is a key draw here, with a median house value of $141,200—well below many national and regional averages. For renters, the median monthly rent is $1,036, offering a reasonable alternative for those not ready to buy. These figures suggest that ZIP 48180 could be an attractive option for first-time homebuyers or investors seeking properties with strong value relative to cost, as well as businesses targeting a working-class customer base.

Race & Ethnicity

The demographic makeup of ZIP 48180 reflects a diverse community with a blend of cultural backgrounds. The racial composition includes 64.74% White, 19.49% Black, 1.9% Asian, and 8.57% Hispanic residents. This diversity fosters a rich social fabric, which can be a significant asset for businesses aiming to serve a varied clientele or for families seeking an inclusive environment. Understanding this mix is crucial for investors and entrepreneurs who want to align their offerings with the community’s unique needs and preferences.

Key Facts

• Total population: 62,405 residents, indicating a substantial community with active local engagement.
• Total households: 25,256, showcasing a mix of family and individual living arrangements.
• Total housing units: 26,741, suggesting potential availability for new residents or rental investments.
• Median household income: $59,537, reflecting a middle-income area with moderate affordability.
• Median house value: $141,200, offering accessible homeownership opportunities.
• Median rent: $1,036 per month, providing a reasonable option for renters.
• Racial diversity: Predominantly White (64.74%), with significant Black (19.49%) and Hispanic (8.57%) populations.

What This Means for You

For homebuyers, ZIP 48180 offers an affordable entry into homeownership with a median house value of $141,200, well-suited for first-time buyers or those looking to downsize. The slight surplus of housing units may also mean less competition in certain price brackets. Investors and real estate agents can capitalize on the area’s affordability and diversity, targeting rental properties or fixer-uppers in a market with steady demand from a population of over 62,000. The median rent of $1,036 suggests a viable return on investment for rental properties. Small-business owners will find a diverse customer base and a middle-income demographic, ideal for businesses offering essential services, retail, or culturally tailored products. Finally, analysts can use these metrics to benchmark ZIP 48180 against neighboring areas, identifying trends in housing affordability and demographic shifts for deeper market insights.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 48180? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your needs.
• Use the insights to make informed decisions, whether you’re buying a home, investing, or planning a business venture.