ZIP 48192 - 860Z200US48192 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 48192 for a home purchase, investment opportunity, or business venture, understanding the local demographics and housing landscape is essential. Located in a community with a population of 24,593, this area offers a mix of residential stability and economic potential. This article breaks down the latest 2023 data on population, households, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into the numbers and uncover what makes ZIP 48192 unique.

Population & Households

ZIP 48192 is home to 24,593 residents, reflecting a moderately sized community with a stable residential base. The area comprises 10,718 households, indicating a strong foundation of family and individual living units. With 11,441 total housing units, there’s a slight surplus of available homes compared to occupied households, which could signal opportunities for buyers or investors looking to enter the market. This balance suggests a community that’s neither overcrowded nor underpopulated, offering a comfortable density for both residents and businesses.

Income & Housing Costs

The median household income in ZIP 48192 stands at $67,846, pointing to a middle-income community with reasonable purchasing power. This income level supports a housing market where the median home value is $159,700—a figure that’s accessible for many prospective buyers, especially first-time homeowners or those seeking affordable options. For renters, the median rent is $995 per month, which aligns with the income profile and offers a viable alternative to buying. These metrics suggest that ZIP 48192 provides a cost-effective living environment compared to higher-priced neighboring areas, making it an attractive option for budget-conscious individuals or investors seeking steady rental demand.

Race & Ethnicity

The demographic makeup of ZIP 48192 is predominantly White, with 84% of the population identifying as such. Hispanic residents account for 8.23%, while Black and Asian populations are smaller, at 2% and 0.65%, respectively. This composition reflects a community with limited diversity, which may influence cultural dynamics, local businesses, and community services. For business owners or investors, understanding this breakdown can help tailor offerings or marketing strategies to align with the predominant demographic while considering opportunities to serve underrepresented groups.

Key Facts

• Total population: 24,593 residents in ZIP 48192 as of 2023.
• Total households: 10,718, supporting a stable community base.
• Total housing units: 11,441, indicating a small surplus of available homes.
• Median household income: $67,846, reflecting a middle-income area.
• Median home value: $159,700, offering affordability for buyers.
• Median rent: $995, providing a reasonable option for renters.
• Racial composition: 84% White, 8.23% Hispanic, 2% Black, 0.65% Asian.

What This Means for You

For homebuyers, ZIP 48192 presents an affordable entry point into homeownership with a median home value of $159,700 and a supportive median income of $67,846. The slight surplus of housing units (11,441 total vs. 10,718 households) could mean less competition when searching for a property. Real estate investors and agents might find value in the rental market, where a median rent of $995 suggests consistent demand, especially given the income levels. The area’s stability, with over 10,000 households, also hints at long-term investment potential. For small-business owners, the predominantly White demographic (84%) and middle-income base offer a clear target audience for goods and services, though catering to the smaller Hispanic population (8.23%) could tap into an underserved niche. Analysts can use these metrics to benchmark ZIP 48192 against nearby areas, assessing growth potential or market saturation. Overall, this ZIP code balances affordability with opportunity, making it a practical choice across various goals.

Run This Study Yourself

• Curious about diving deeper into ZIP 48192 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Input any ZIP code to access up-to-date metrics on population, income, housing, and more, tailored to your needs.
• Use the insights to make data-driven decisions, whether you’re buying a home, investing, or planning a business venture.