Zip Code

48224

City

Detroit, MI

Population & Migration

What is the forecasted population for Zip code 48224 Detroit, MI?

Population census 2020
42,200
Forecasted population 2025
38,604
-0.09% vs. 2020
Forecasted population 2030
38,698
-0.08% vs. 2020

Zip code 48224 Detroit, MI population is forecasted to decrease -0.09% by 2025 (-13.2 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 38,604 people for 2025 zip code 48224 Detroit, MI will generate a good demand for housing, which is expected to have an excess of -1,560 houses for 2030. Vacancy rate is 9.6 points above national US average.

Total homes available 2020
18,811
Estimated total home demand in 2030
17,250
Total homes balance inventory
-1,560

Average Household Income in zip code 48224 Detroit, MI
from Internal Revenue Service

Average household income in 2021
$50,905

Affordability

Affordability Index
1

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 48224 Detroit, MI?

County total number of drinking water violations

195

-20%

244

County total number of drinking water contaminations

12

-50%

24

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