Zip Code

48359

City

Lake Orion, MI

Population & Migration

What is the forecasted population for Zip code 48359 Lake Orion, MI?

Population census 2020
10,611
Forecasted population 2025
10,482
-1.2% vs. 2020
Forecasted population 2030
10,527
-0.8% vs. 2020

Zip code 48359 Lake Orion, MI population is forecasted to decrease -1.2% by 2025 (-5.9 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 10,482 people for 2025 zip code 48359 Lake Orion, MI will generate a good demand for housing, which is expected to have an excess of -34 houses for 2030. Vacancy rate is 5.9 points below national US average.

Total homes available 2020
4,337
Estimated total home demand in 2030
4,302
Total homes balance inventory
-34

Average Household Income in zip code 48359 Lake Orion, MI
from Internal Revenue Service

Average household income in 2021
$108,646

Affordability

Affordability Index
3

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 48359 Lake Orion, MI?

County total number of drinking water violations

1088

+346%

244

County total number of drinking water contaminations

74

+208%

24

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