Zip Code
48807
City
Bannister, MI
Population & Migration
What is the forecasted population for Zip code 48807 Bannister, MI?
- Population census 2020
- 889
- Forecasted population 2025
- 706
- -0.21% vs. 2020
- Forecasted population 2030
- 716
- -0.19% vs. 2020
Zip code 48807 Bannister, MI population is forecasted to decrease -0.21% by 2025 (-25.3 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 706 people for 2025 zip code 48807 Bannister, MI will generate a good demand for housing, which is expected to have an excess of -80 houses for 2030. Vacancy rate is 1.3 points above national US average.
- Total homes available 2020
- 413
- Estimated total home demand in 2030
- 332
- Total homes balance inventory
- -80
Average Household Income in zip code 48807 Bannister, MI
from Internal Revenue Service
- Average household income in 2021
- $67,302
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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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 48807 Bannister, MI?
County total number of drinking water violations
497
+104%
244
County total number of drinking water contaminations
55
+129%
24
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