ZIP 48423 - 860Z200US48423 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 48423, understanding the local demographic and housing landscape is essential. Located in a vibrant community, this area offers a mix of stability and opportunity for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest 2023 data, this snapshot provides a clear picture of population trends, income levels, housing costs, and cultural diversity in ZIP 48423. Let’s dive into the numbers to help you make informed decisions.

Population & Households

ZIP 48423 is home to a population of 33,508 residents, making it a moderately sized community with a strong residential base. This population is distributed across 14,508 households, reflecting a solid foundation for local businesses and services. With 15,248 total housing units in the area, 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. These figures suggest a stable community with room for growth, ideal for those seeking a balanced lifestyle or business environment.

Income & Housing Costs

The median household income in ZIP 48423 stands at $64,096, positioning it as a middle-income area with reasonable purchasing power. This income level supports a comfortable standard of living for many families and individuals. On the housing front, the median home value is $209,400, which offers a relatively accessible entry point for homebuyers compared to higher-cost regions. For renters, the median rent is $953 per month, providing an affordable alternative to homeownership. These metrics highlight ZIP 48423 as a practical choice for those balancing cost and quality of life, as well as for investors eyeing steady returns in a stable market.

Race & Ethnicity

The demographic makeup of ZIP 48423 is predominantly White, with 90.2% of the population identifying as such. Other groups include Black residents at 1.85%, Asian residents at 0.17%, and Hispanic or Latino residents at 3.61%. This composition reflects a largely homogeneous community with smaller but notable diversity. For businesses and investors, understanding this cultural landscape can help tailor services, marketing, or community engagement strategies to resonate with the majority while also addressing the needs of minority groups. For potential residents, it offers insight into the social fabric of the area.

Key Facts

• Total population: 33,508 residents, indicating a moderately sized community.
• Total households: 14,508, supporting a robust local economy.
• Total housing units: 15,248, suggesting potential availability for new occupants.
• Median household income: $64,096, reflecting a middle-income demographic.
• Median home value: $209,400, an accessible price point for many buyers.
• Median rent: $953, offering affordable rental options.
• Racial composition: 90.2% White, with smaller percentages of Black, Asian, and Hispanic residents.

What This Means for You

For homebuyers, ZIP 48423 presents an opportunity to purchase at a median value of $209,400, which is reasonable for a community of this size and income level. The slight surplus of housing units could mean less competition in certain segments of the market. Real estate investors and agents might find value in the area’s stability, with a median income of $64,096 supporting consistent demand for both rentals and purchases. The affordable median rent of $953 also suggests potential for steady rental income. Small-business owners can benefit from a population of over 33,000, providing a sizable customer base, while the demographic homogeneity may simplify targeted marketing efforts. Finally, analysts can use these metrics to benchmark ZIP 48423 against neighboring areas, identifying trends in housing availability or income growth. Whether you’re settling down, investing, or launching a venture, this data equips you with a grounded perspective on the area’s potential.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 48423? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date statistics on population, income, housing, and more, tailored to your needs.
• Use the insights to compare areas, spot opportunities, and make data-driven decisions for your next move or investment.