ZIP 48313 - 860Z200US48313 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 48313, located in Michigan, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 33,000 and a robust housing market, this ZIP code presents unique opportunities for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest data, we’ll break down key metrics on population, income, housing costs, and diversity to help you make informed decisions.

Population & Households

ZIP 48313 is home to 33,850 residents, making it a moderately sized community with a stable population base. This area supports 13,615 households, reflecting a strong residential presence. With 14,288 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking to enter the market. The average household size can be inferred as roughly 2.5 people, suggesting a mix of families and smaller households that contribute to a balanced community dynamic.

Income & Housing Costs

The median household income in ZIP 48313 stands at $87,292, positioning this area as a relatively affluent community compared to national averages. This income level supports a healthy local economy, which can be attractive for businesses and investors. On the housing front, the median home value is $248,800, reflecting a solid real estate market with potential for appreciation. For renters, the median rent is $1,152 per month, which is reasonable given the income levels and home values. These figures suggest that ZIP 48313 offers a balanced cost of living for both homeowners and renters, making it a viable option for diverse economic backgrounds.

Race & Ethnicity

The demographic composition of ZIP 48313 is predominantly White, accounting for 84.61% of the population. Black residents make up 6.73%, while Asian residents represent 3.28%. Hispanic or Latino individuals comprise 1.93% of the population. This distribution indicates a largely homogeneous community with some diversity, which may influence cultural amenities, community events, and business opportunities. For those prioritizing diversity or specific cultural connections, this breakdown provides a starting point for understanding the social fabric of the area.

Key Facts

• Total population: 33,850 residents in 2023, offering a sizable community for engagement.
• Total households: 13,615, indicating a strong residential base.
• Total housing units: 14,288, suggesting potential availability for new occupants.
• Median household income: $87,292, reflecting economic stability.
• Median home value: $248,800, a competitive price point for the region.
• Median rent: $1,152, providing affordable options for non-homeowners.
• Racial composition: 84.61% White, 6.73% Black, 3.28% Asian, 1.93% Hispanic.

What This Means for You

For homebuyers, ZIP 48313 offers a promising market with a median home value of $248,800, which aligns well with the area’s median income of $87,292. The slight surplus of housing units (14,288 total vs. 13,615 households) may provide negotiating leverage or more options to choose from. Real estate investors and agents can capitalize on this stability and potential inventory, especially with home values that suggest room for growth in a community with strong earning power. Small-business owners will find a financially secure customer base, as the income levels support discretionary spending—ideal for retail, services, or dining ventures. Finally, analysts can use these metrics to benchmark ZIP 48313 against neighboring areas or national trends, focusing on housing affordability and demographic shifts. Whether you’re settling down, investing, or starting a business, these insights lay the groundwork for strategic planning.

Run This Study Yourself

• Curious about other ZIP codes or deeper insights into ZIP 48313? Start by visiting ZipcodeGPT to access powerful demographic and housing analysis tools.
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• Use the platform to compare metrics, spot trends, and make data-driven decisions for your next move or investment.