ZIP 48213 - 860Z200US48213 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 48213 in Detroit, Michigan, as a place to live, invest, or start a business, understanding the area’s demographic and housing landscape is essential. This snapshot, based on 2023 data, provides a clear view of the population, income levels, housing costs, and racial composition in this community. Whether you’re a homebuyer seeking affordability, an investor eyeing opportunities, or a small-business owner assessing market potential, these insights will help you make informed decisions about ZIP 48213.

Population & Households

ZIP 48213 is home to a population of 19,869 residents as of 2023. This community supports 7,528 households, reflecting a mix of family and individual living arrangements. With 11,365 total housing units in the area, there’s a notable difference between occupied and available units, which could signal opportunities for housing development or investment. For homebuyers and investors, this population size suggests a moderately sized community with potential for growth or stabilization, depending on local trends.

Income & Housing Costs

The median household income in ZIP 48213 stands at $33,755, which is relatively modest compared to national averages. This income level may influence affordability for potential residents and the types of businesses that can thrive here. On the housing front, the median home value is $52,100, offering a low entry point for buyers or investors looking for budget-friendly properties. Meanwhile, the median rent is $837 per month, which aligns with the income profile and suggests rental affordability for many residents. These figures highlight ZIP 48213 as a potentially accessible market for first-time buyers or those seeking cost-effective real estate options.

Race & Ethnicity

The racial and ethnic composition of ZIP 48213 is predominantly Black, with 91.9% of the population identifying as such. White residents make up 3.94%, Hispanic or Latino individuals account for 2.31%, and Asian residents represent just 0.11%. This demographic makeup reflects a community with strong cultural identity and cohesion, which can be a significant factor for businesses tailoring services or products to local preferences. For investors and small-business owners, understanding this composition is key to aligning offerings with community needs.

Key Facts

• Total population: 19,869 residents in ZIP 48213 as of 2023.
• Total households: 7,528, indicating a mix of family and solo living.
• Total housing units: 11,365, with a gap between occupied and available units.
• Median household income: $33,755, reflecting a lower-income community.
• Median home value: $52,100, a budget-friendly option for buyers.
• Median rent: $837, suggesting affordable rental opportunities.
• Racial composition: 91.9% Black, 3.94% White, 2.31% Hispanic, 0.11% Asian.

What This Means for You

For homebuyers, ZIP 48213 offers an affordable entry into homeownership with a median home value of $52,100, well below many urban markets. This could be ideal for first-time buyers or those looking to renovate and build equity. Investors and real estate agents should note the gap between total housing units (11,365) and occupied households (7,528), which may point to vacant properties or untapped rental potential—especially with a median rent of $837 that aligns with local income levels. Small-business owners can leverage the area’s demographic profile, particularly the predominant Black community (91.9%), to offer culturally relevant products or services, while the modest median income of $33,755 suggests a focus on value-driven offerings. Analysts studying urban trends will find ZIP 48213’s data useful for understanding affordability and demographic dynamics in a Detroit neighborhood.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 48213? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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• Use the insights to inform your homebuying, investment, or business decisions with confidence and precision.