Zip Code

49107

City

Buchanan, MI

Population & Migration

What is the forecasted population for Zip code 49107 Buchanan, MI?

Population census 2020
10,153
Forecasted population 2025
10,474
3.2% vs. 2020
Forecasted population 2030
10,466
3.1% vs. 2020

Zip code 49107 Buchanan, MI population is forecasted to decrease 3.2% by 2025 (-1.5 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 10,474 people for 2025 zip code 49107 Buchanan, MI will generate a good demand for housing, which is expected to have a deficit of 156 houses for 2030. Vacancy rate is 6.7 points above national US average.

Total homes available 2020
5,059
Estimated total home demand in 2030
5,215
Total homes balance inventory
156

Average Household Income in zip code 49107 Buchanan, MI
from Internal Revenue Service

Average household income in 2021
$70,804

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 49107 Buchanan, MI?

County total number of drinking water violations

761

+212%

244

County total number of drinking water contaminations

78

+225%

24

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