Zip Code

48883

City

Shepherd, MI

Population & Migration

What is the forecasted population for Zip code 48883 Shepherd, MI?

Population census 2020
7,114
Forecasted population 2025
6,762
-0.05% vs. 2020
Forecasted population 2030
6,781
-0.05% vs. 2020

Zip code 48883 Shepherd, MI population is forecasted to decrease -0.05% by 2025 (-9.6 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 6,762 people for 2025 zip code 48883 Shepherd, MI will generate a good demand for housing, which is expected to have an excess of -143 houses for 2030. Vacancy rate is 2.1 points below national US average.

Total homes available 2020
3,067
Estimated total home demand in 2030
2,923
Total homes balance inventory
-143

Average Household Income in zip code 48883 Shepherd, MI
from Internal Revenue Service

Average household income in 2021
$70,530

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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Drinking water violations

How is the quality of drinking water in Zip code 48883 Shepherd, MI?

County total number of drinking water violations

283

+16%

244

County total number of drinking water contaminations

30

+25%

24

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