Zip Code

48096

City

Ray, MI

Population & Migration

What is the forecasted population for Zip code 48096 Ray, MI?

Population census 2020
4,022
Forecasted population 2025
3,810
-0.05% vs. 2020
Forecasted population 2030
3,828
-0.05% vs. 2020

Zip code 48096 Ray, MI population is forecasted to decrease -0.05% by 2025 (-10.0 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 3,810 people for 2025 zip code 48096 Ray, MI will generate a good demand for housing, which is expected to have an excess of -86 houses for 2030. Vacancy rate is 7.1 points below national US average.

Total homes available 2020
1,809
Estimated total home demand in 2030
1,722
Total homes balance inventory
-86

Average Household Income in zip code 48096 Ray, MI
from Internal Revenue Service

Average household income in 2021
$113,376

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 48096 Ray, MI?

County total number of drinking water violations

228

-7%

244

County total number of drinking water contaminations

57

+138%

24

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