Zip Code

48647

City

Mio, MI

Population & Migration

What is the forecasted population for Zip code 48647 Mio, MI?

Population census 2020
4,389
Forecasted population 2025
4,164
-0.05% vs. 2020
Forecasted population 2030
4,333
-0.01% vs. 2020

Zip code 48647 Mio, MI population is forecasted to decrease -0.05% by 2025 (-9.8 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 4,164 people for 2025 zip code 48647 Mio, MI will generate a good demand for housing, which is expected to have an excess of -47 houses for 2030. Vacancy rate is 39.9 points above national US average.

Total homes available 2020
3,764
Estimated total home demand in 2030
3,716
Total homes balance inventory
-47

Average Household Income in zip code 48647 Mio, MI
from Internal Revenue Service

Average household income in 2021
$61,087

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 48647 Mio, MI?

County total number of drinking water violations

24

-90%

244

County total number of drinking water contaminations

3

-88%

24

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