Zip Code

48005

City

Armada, MI

Population & Migration

What is the forecasted population for Zip code 48005 Armada, MI?

Population census 2020
5,515
Forecasted population 2025
5,361
-0.03% vs. 2020
Forecasted population 2030
5,379
-0.02% vs. 2020

Zip code 48005 Armada, MI population is forecasted to decrease -0.03% by 2025 (-7.5 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 5,361 people for 2025 zip code 48005 Armada, MI will generate a good demand for housing, which is expected to have an excess of -47 houses for 2030. Vacancy rate is 8.0 points below national US average.

Total homes available 2020
1,951
Estimated total home demand in 2030
1,903
Total homes balance inventory
-47

Average Household Income in zip code 48005 Armada, MI
from Internal Revenue Service

Average household income in 2021
$108,233

Affordability

Affordability Index
2

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 48005 Armada, MI?

County total number of drinking water violations

228

-7%

244

County total number of drinking water contaminations

57

+138%

24

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