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
- 15,039
- 9.9% vs. 2020
- Forecasted population 2030
- 15,166
- 10.8% vs. 2020
Zip code 48623 Freeland, MI population is forecasted to grow 9.9% by 2025 (5.2 points above the 4.7% national average).
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Housing and Affordability
With a forecasted population of 15,039 people for 2025 zip code 48623 Freeland, MI will generate a good demand for housing, which is expected to have a deficit of 550 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
- 5,654
- Total homes balance inventory
- 550
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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Climate Resiliency
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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