ZIP 49006 - 860Z200US49006 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP code 49006, understanding the area’s demographic and housing landscape is essential. Located in Michigan, this ZIP code offers a diverse community and a range of housing options. With data from 2023, this snapshot provides a clear picture of population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into the numbers and uncover what makes 49006 unique.

Population & Households

ZIP code 49006 is home to a population of 25,888 residents as of 2023. This sizable community is spread across 11,061 households, indicating a mix of family and individual living arrangements. The total number of housing units in the area stands at 12,093, suggesting a modest vacancy rate and potential opportunities for those looking to buy or rent. For investors and business owners, this population size points to a stable market with a solid customer base or tenant pool.

Income & Housing Costs

The median household income in ZIP 49006 is $45,617, reflecting a moderate earning level that aligns with many working-class and middle-income communities. Housing costs provide further context: the median house value is $198,000, which could appeal to first-time homebuyers or investors seeking affordable entry points. Meanwhile, the median rent is $991 per month, offering a reasonable option for renters or a potential income stream for landlords. These figures suggest that 49006 strikes a balance between affordability and value, making it a practical choice for various stakeholders.

Race & Ethnicity

The demographic makeup of ZIP 49006 showcases a diverse community. The racial composition includes 64.79% White, 14.16% Black, 4.12% Asian, and 8.66% Hispanic residents. This diversity can be a significant draw for businesses aiming to serve a broad customer base or for families seeking an inclusive environment. Understanding this mix also helps real estate agents and investors tailor their strategies to meet the cultural and social needs of the area’s residents.

Key Facts

• Total population: 25,888 residents in 2023, offering a robust community for engagement.
• Total households: 11,061, indicating a strong base of local families and individuals.
• Total housing units: 12,093, with potential availability for new occupants or investors.
• Median household income: $45,617, reflecting a moderate economic profile.
• Median house value: $198,000, an accessible price point for many buyers.
• Median rent: $991, providing affordable rental options or investment returns.
• Racial diversity: Predominantly White (64.79%), with notable Black (14.16%), Asian (4.12%), and Hispanic (8.66%) populations.

What This Means for You

For homebuyers, ZIP 49006 presents an opportunity to purchase at a median value of $198,000, which is within reach for many budgets. The area’s diversity and population size also suggest a vibrant community to call home. Real estate investors and agents can leverage the balance of housing units (12,093) and households (11,061) to identify rental or resale opportunities, especially with a median rent of $991 that could attract steady tenants. Small-business owners will find a sizable and diverse customer base of over 25,000 residents, ideal for retail, services, or dining ventures catering to varied tastes and needs. Analysts can use these metrics to benchmark 49006 against other ZIP codes for market studies or trend analysis. Whether you’re settling down, investing, or launching a business, these insights provide a foundation for smart decision-making.

Run This Study Yourself

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