Zip Code
48203
City
Highland Park, MI
Population & Migration
What is the forecasted population for Zip code 48203 Highland Park, MI?
- Population census 2020
- 22,901
- Forecasted population 2025
- 20,930
- -8.6% vs. 2020
- Forecasted population 2030
- 20,635
- -9.9% vs. 2020
Zip code 48203 Highland Park, MI population is forecasted to decrease -8.6% by 2025 (-13.3 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 20,930 people for 2025 zip code 48203 Highland Park, MI will generate a good demand for housing, which is expected to have an excess of -1,621 houses for 2030. Vacancy rate is 27.0 points above national US average.
- Total homes available 2020
- 16,398
- Estimated total home demand in 2030
- 14,776
- Total homes balance inventory
- -1,621
Average Household Income in zip code 48203 Highland Park, MI
from Internal Revenue Service
- Average household income in 2021
- $44,525
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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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 48203 Highland Park, 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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