Population 8 · Census ACS 2020–24
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Population and households in ZIP 48862
Household size in ZIP 48862
| Period | ZIP 48862 | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 2.67 | 2.58 | 2.68 |
| 2010–14 | 2.55 | 2.58 | 2.73 |
| 2015–19 | 2.35 | 2.53 | 2.71 |
| 2020–24 | 2.73 | 2.51 | 2.65 |
| Change | +0.06 | −0.06 | −0.03 |
Households in ZIP 48862 average 2.73 people, about the same as the country as a whole (2.65). The typical household here is bigger than in Michigan as a whole, where it has 2.51 people.
Household size: the average number of people living in each occupied home. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25010).
Median age in ZIP 48862
| Period | ZIP 48862 | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 41.1 | 38.9 | 37.7 |
| 2010–14 | 45.1 | 40.1 | 38.6 |
| 2015–19 | 43.5 | 41.0 | 39.6 |
| 2020–24 | 38.9 | 41.3 | 40.1 |
| Change | −2.2 | +2.4 | +2.3 |
Half of the people in ZIP 48862 are younger than 38.9 and half are older, close to the national median of 40.1. The population here is younger than in Michigan overall, where the median age is 41.3. The median age has dropped from 41.1 in 2006–10, but in a place this small, much of that may be survey noise rather than real change.
Median age: the age that splits residents into two equal halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B01002).
Single-parent households in ZIP 48862
| Period | ZIP 48862 | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 4.5% | 11.3% | 12.3% |
| 2010–14 | 9.6% | 11.5% | 12.3% |
| 2015–19 | 3.8% | 10.9% | 11.6% |
| 2020–24 | 10.4% | 10.7% | 11.6% |
| Change | +5.9 pts | −0.6 pts | −0.6 pts |
Single parents head about one in ten households in ZIP 48862 (10.4%), a little below the national share of 11.6%. That is in line with the rest of Michigan.
Single-parent households: households where one adult with no spouse present lives with children under 18. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B11003).
Housing in ZIP 48862
Renters in ZIP 48862
| Period | ZIP 48862 | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 5.1% | 25.8% | 33.3% |
| 2010–14 | 12.1% | 28.5% | 35.6% |
| 2015–19 | 16.5% | 28.8% | 36.0% |
| 2020–24 | 8.2% | 26.8% | 34.8% |
| Change | +3.1 pts | +1.0 pts | +1.5 pts |
Only 8.2% of households in ZIP 48862 rent their homes, far below the national share of 34.8%, so most residents are owners who tend to stay put. Nearly six in ten owners (57.2%) have paid off their mortgages, well above the national share of 39.8%.
Renters: occupied homes that are rented rather than owned. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25003).
Vacant homes in ZIP 48862
| Period | ZIP 48862 | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 5.5% | 13.0% | 11.4% |
| 2010–14 | 8.0% | 13.0% | 11.4% |
| 2015–19 | 7.8% | 11.9% | 11.1% |
| 2020–24 | 16.3% | 10.2% | 9.6% |
| Change | +10.8 pts | −2.8 pts | −1.8 pts |
Vacant homes make up 16.3% of the housing in ZIP 48862, far above the national rate of 9.6%. In resort and lake areas that usually means seasonal and vacation homes; elsewhere it can point to weak demand.
Vacant homes: homes with no one living in them, including vacation homes and homes for sale or rent. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25002).
Age of homes in ZIP 48862
| Period | ZIP 48862 | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 1944 | 1969 | 1974 |
| 2010–14 | 1946 | 1970 | 1975 |
| 2015–19 | 1965 | 1971 | 1977 |
| 2020–24 | 1953 | 1972 | 1980 |
| Change | +9 | +3 | +6 |
ZIP 48862 is a place of older homes: half were built before 1953, while the national median is 1980. That means established neighborhoods, and more houses that may need updating.
Age of homes: the year that splits the housing stock into older and newer halves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25035).
Rent in ZIP 48862
| Period | ZIP 48862 | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | $642 | $833 | $965 |
| 2010–14 | $820 | $886 | $1,040 |
| 2015–19 | $729 | $978 | $1,213 |
| 2020–24 | $1,208 | $1,228 | $1,571 |
| Change | +$566 | +$395 | +$606 |
Rent in ZIP 48862 runs $1,208 a month at the median, utilities included, well below the U.S. median of $1,571. That is in line with the rest of Michigan. Rent takes 16.5% of the typical renter's income, comfortably under the 30% mark often used to define affordable rent.
Rent: monthly rent plus the utilities renters pay themselves. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B25064).
Education in ZIP 48862
Bachelor's degrees in ZIP 48862
| Period | ZIP 48862 | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 16.0% | 26.1% | 28.4% |
| 2010–14 | 13.5% | 27.1% | 29.6% |
| 2015–19 | 13.2% | 29.5% | 32.1% |
| 2020–24 | 24.2% | 32.7% | 35.6% |
| Change | +8.3 pts | +6.6 pts | +7.2 pts |
Fewer adults in ZIP 48862 have a four-year degree than in the country as a whole: 24.2%, against 35.6% nationally.
Bachelor's degrees: adults 25 and older with a bachelor's degree or higher. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
High school graduates in ZIP 48862
| Period | ZIP 48862 | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 92.7% | 88.3% | 84.9% |
| 2010–14 | 92.7% | 89.3% | 86.1% |
| 2015–19 | 96.6% | 90.7% | 87.7% |
| 2020–24 | 96.1% | 91.8% | 89.3% |
| Change | +3.4 pts | +3.5 pts | +4.3 pts |
High school completion is high in ZIP 48862: 96.1% of adults 25 and older have a diploma or equivalent, well above the national rate of 89.3%.
High school graduates: adults 25 and older with a high school diploma, GED or more. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B15003).
Jobs in ZIP 48862
| Period | ZIP 48862 | Michigan | U.S. |
|---|---|---|---|
| 2006–10 | 11.5% | 11.5% | 8.1% |
| 2010–14 | 7.6% | 11.7% | 9.4% |
| 2015–19 | 1.8% | 6.1% | 5.6% |
| 2020–24 | 0.9% | 5.9% | 5.4% |
| Change | −10.6 pts | −5.7 pts | −2.7 pts |
Unemployment in ZIP 48862 has been low: just 0.9% of the labor force was out of work and looking, well below the national rate of 5.4%. Because the Census pools five years of responses (2020–24), these rates smooth over short swings and lag the current job market.
Unemployment: people looking for work as a share of everyone working or looking. Source: BestNeighborhood calculations from U.S. Census Bureau ACS 5-year block-group estimates (table B23025).
ZIP 48862 compared with nearby ZIP codes
| ZIP code | Household size | Median age | Single parents | Renters | Vacant homes | Median year built | Median rent | Bachelor's degree | High school diploma | Unemployment |
|---|---|---|---|---|---|---|---|---|---|---|
| ZIP 48862 | 2.73 | 38.9 | 10.4% | 8.2% | 16.3% | 1953 | $1,208 | 24.2% | 96.1% | 0.9% |
| ZIP 48847 | 2.44 | 40.1 | 10.8% | 19.8% | 7.6% | 1960 | $885 | 22.4% | 88.8% | 1.8% |
| ZIP 48874 | 2.66 | 43.2 | 13.3% | 9.8% | 10.7% | 1970 | $1,076 | 19.9% | 96.4% | 3.2% |
| ZIP 48806 | 2.44 | 45.1 | 12.1% | 16.3% | 10.6% | 1965 | $991 | 15.9% | 92.1% | 4.4% |
| ZIP 48871 | 2.48 | 42.6 | 8.3% | 18.8% | 8.0% | 1971 | $985 | 25.4% | 92.4% | 2.9% |
| ZIP 48807 | 2.28 | 48.0 | 11.9% | 18.5% | 8.8% | 1969 | $863 | 13.6% | 94.5% | 3.7% |
| ZIP 48856 | 2.74 | 38.2 | 11.4% | 25.0% | 6.2% | 1955 | $824 | 13.1% | 86.6% | 3.5% |
| ZIP 48801 | 2.42 | 36.5 | 11.7% | 25.6% | 7.0% | 1968 | $942 | 30.0% | 96.4% | 5.7% |
| ZIP 48853 | 2.42 | 42.8 | 8.0% | 18.6% | 4.5% | 1957 | $439 | 13.8% | 90.8% | 2.5% |
| ZIP 48614 | 2.30 | 51.8 | 4.1% | 7.5% | 7.3% | 1977 | $818 | 12.3% | 91.6% | 5.3% |
| ZIP 48889 | 2.43 | 41.9 | 8.1% | 14.5% | 7.7% | 1970 | $832 | 12.2% | 92.2% | 5.3% |
All figures 2020–24.
Zip codes with similar populations: 14529, NY · 92263, CA · 91371, CA · 15621, PA · 15488, PA · 15365, PA · 15231, PA · 14893, NY · 14588, NY · 92265, CA
About these numbers
Every figure on this page is a BestNeighborhood calculation from the Census Bureau's American Community Survey (ACS), built up from the Census block groups that make up ZIP 48862. Each ACS 5-year release pools five years of responses; this page shows the last 15 releases, 2006–10 through 2020–24. Neighboring releases share four of their five years, so they move gradually and small changes between them are within the survey's margin of error; in small places the lines can jump from one release to the next for the same reason. The maps show the same measures for each neighborhood, ranked against the whole country.
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