Zip Code
48706
City
Bay City, MI
Population & Migration
What is the forecasted population for Zip code 48706 Bay City, MI?
- Population census 2020
- 38,628
- Forecasted population 2025
- 38,166
- -1.2% vs. 2020
- Forecasted population 2030
- 39,120
- 1.3% vs. 2020
Zip code 48706 Bay City, MI population is forecasted to decrease -1.2% by 2025 (-5.9 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 38,166 people for 2025 zip code 48706 Bay City, MI will generate a good demand for housing, which is expected to have a deficit of 232 houses for 2030. Vacancy rate is 2.8 points below national US average.
- Total homes available 2020
- 18,215
- Estimated total home demand in 2030
- 18,447
- Total homes balance inventory
- 232
Average Household Income in zip code 48706 Bay City, MI
from Internal Revenue Service
- Average household income in 2021
- $69,260
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 48706 Bay City, MI?
County total number of drinking water violations
30
-88%
244
County total number of drinking water contaminations
13
-46%
24
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