Zip Code
48616
City
Chesaning, MI
Population & Migration
What is the forecasted population for Zip code 48616 Chesaning, MI?
- Population census 2020
- 7,118
- Forecasted population 2025
- 7,703
- 0.08% vs. 2020
- Forecasted population 2030
- 7,761
- 0.09% vs. 2020
Zip code 48616 Chesaning, MI population is forecasted to grow 0.08% by 2025 (3.5 points above the 4.7% national average).
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Housing and Affordability
With a forecasted population of 7,703 people for 2025 zip code 48616 Chesaning, MI will generate a good demand for housing, which is expected to have a deficit of 285 houses for 2030. Vacancy rate is 2.9 points below national US average.
- Total homes available 2020
- 3,155
- Estimated total home demand in 2030
- 3,440
- Total homes balance inventory
- 285
Average Household Income in zip code 48616 Chesaning, MI
from Internal Revenue Service
- Average household income in 2021
- $67,800
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 48616 Chesaning, MI?
County total number of drinking water violations
93
-62%
244
County total number of drinking water contaminations
11
-54%
24
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