ZIP 48229 - 860Z200US48229 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 48229 for your next home, investment, or business venture, understanding the local demographics and housing landscape is essential. Located in the heart of Michigan, this area offers a unique blend of affordability and diversity. This snapshot, based on 2023 data, provides a clear picture of the population, income levels, housing costs, and racial composition in 48229. Whether you're a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about this community.

Population & Households

ZIP code 48229 is home to a population of 9,166 residents. This moderate-sized community is spread across 3,585 households, indicating an average household size of roughly 2.5 people. The total number of housing units in the area stands at 4,156, suggesting a mix of occupied and vacant properties. For homebuyers and investors, this balance of population density and available housing stock could present opportunities to find a property that fits specific needs or budgets.

Income & Housing Costs

The median household income in ZIP 48229 is $45,148, reflecting a working-class community with moderate earning potential. When it comes to housing, the median home value is notably affordable at $59,300, making this area an attractive option for first-time buyers or investors seeking lower entry costs. For renters, the median rent is $879 per month, which aligns with the income levels and offers a reasonable cost of living compared to many urban centers. These figures highlight 48229 as a budget-friendly location for both owning and renting, though investors should weigh potential appreciation against current property values.

Race & Ethnicity

ZIP 48229 boasts a diverse population, which adds to the cultural richness of the area. The racial composition includes 44.77% Black residents, making it the largest demographic group, followed by 25.53% White residents and 20.54% Hispanic residents. This diversity can be a significant draw for businesses looking to serve a varied customer base or for families seeking a multicultural environment. Understanding the community's makeup is also valuable for real estate agents and investors aiming to tailor their strategies to local preferences and needs.

Key Facts

• Total population in ZIP 48229: 9,166 residents.
• Total households: 3,585, with an average size of about 2.5 people.
• Total housing units: 4,156, indicating some vacancy or availability.
• Median household income: $45,148, reflecting a moderate-income community.
• Median home value: $59,300, offering affordability for buyers.
• Median rent: $879, a reasonable rate for the income level.
• Racial diversity: 44.77% Black, 25.53% White, 20.54% Hispanic.

What This Means for You

For homebuyers, ZIP 48229 presents an affordable entry point into homeownership with a median home value of $59,300—well below many national averages. This could be ideal for first-time buyers or those looking to downsize. Real estate investors and agents should note the potential for rental demand, given the median rent of $879 and a population of over 9,000. The mix of occupied and vacant housing units (4,156 total) suggests room for investment properties, though careful market analysis is advised to ensure returns. Small-business owners can benefit from the diverse demographic profile, tailoring products or services to a multicultural customer base of Black, White, and Hispanic residents. Analysts will find the income and housing data useful for broader market studies or community planning, as the moderate median income of $45,148 reflects economic stability with room for growth.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 48229? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access up-to-date population, income, and housing metrics tailored to your needs.
• Use the insights to make data-driven decisions for your home purchase, investment, or business strategy.