ZIP 48195 - 860Z200US48195 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 48195 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in Southgate, Michigan, this area offers a mix of suburban charm and economic opportunity. With a population of nearly 30,000 and a median household income of $64,635, ZIP 48195 presents a stable community with accessible housing options. This article breaks down the latest 2023 data to provide clear, actionable insights for homebuyers, real estate investors, small-business owners, and analysts.

Population & Households

ZIP 48195 is home to 29,551 residents, making it a moderately sized community with a strong suburban feel. These individuals are distributed across 12,352 households, reflecting a balance of family and individual living arrangements. The total number of housing units stands at 13,033, indicating a slight surplus of available homes compared to occupied households. This gap could signal 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 48195 is $64,635, which suggests a solid economic foundation for many residents. This income level supports a housing market where the median home value is $165,400—a price point that remains relatively affordable compared to national averages. For renters, the median monthly rent is $1,102, offering a viable alternative for those not ready to buy. These figures indicate that ZIP 48195 strikes a balance between affordability and quality of life, appealing to a wide range of budgets and financial goals.

Race & Ethnicity

The demographic makeup of ZIP 48195 reflects a diverse yet predominantly white community. Approximately 75.13% of residents identify as white, while 8.17% are Black, 2.79% are Asian, and 10.74% identify as Hispanic. This diversity contributes to a culturally rich environment, which can be a draw for families, businesses, and investors seeking inclusive communities. Understanding this composition can help tailor business offerings or community engagement strategies to resonate with local residents.

Key Facts

• Total population: 29,551 residents in ZIP 48195 as of 2023.
• Total households: 12,352, supporting a mix of family and solo living.
• Total housing units: 13,033, with a small surplus of available properties.
• Median household income: $64,635, indicating economic stability.
• Median home value: $165,400, an accessible entry point for buyers.
• Median rent: $1,102 per month, appealing to renters on a budget.
• Racial composition: 75.13% white, 10.74% Hispanic, 8.17% Black, 2.79% Asian.

What This Means for You

For homebuyers, ZIP 48195 offers a promising opportunity to purchase at a median value of $165,400, which is within reach for many middle-income households earning around the area’s median income of $64,635. The slight surplus of housing units (13,033 total versus 12,352 households) may also mean less competition in certain segments of the market.

For real estate investors and agents, the combination of affordable home prices and a stable rental market (median rent of $1,102) suggests potential for both long-term appreciation and immediate rental income. The diversity of the population also means a broad tenant or buyer pool to target.

For small-business owners, the demographic diversity and solid income levels in ZIP 48195 indicate a customer base with varied needs and disposable income. Whether you’re opening a retail store, restaurant, or service-based business, tailoring your offerings to reflect the cultural mix (e.g., 10.74% Hispanic, 8.17% Black) could help build a loyal clientele.

For analysts, the data points to a balanced community with no extreme outliers in income, housing costs, or population density. This stability makes ZIP 48195 a reliable case study for suburban market trends in Michigan.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 48195? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
• Enter any ZIP code to access up-to-date demographic, income, and housing data tailored to your needs.
• Use the insights to make informed decisions for buying, investing, or launching a business in any area of interest.