Zip Code

48623

City

Freeland, MI

Population & Migration

What is the forecasted population for Zip code 48623 Freeland, MI?

Population census 2020
13,690
Forecasted population 2025
15,516
13.3% vs. 2020
Forecasted population 2030
15,339
12% vs. 2020

Zip code 48623 Freeland, MI population is forecasted to grow 13.3% by 2025 (8.6 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 15,516 people for 2025 zip code 48623 Freeland, MI will generate a good demand for housing, which is expected to have a deficit of 614 houses for 2030. Vacancy rate is 5.2 points below national US average.

Total homes available 2020
5,104
Estimated total home demand in 2030
5,718
Total homes balance inventory
614

Average Household Income in zip code 48623 Freeland, MI
from Internal Revenue Service

Average household income in 2021
$98,595

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 48623 Freeland, 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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