Zip Code
48760
City
Silverwood, MI
Population & Migration
What is the forecasted population for Zip code 48760 Silverwood, MI?
- Population census 2020
- 1,398
- Forecasted population 2025
- 1,360
- -0.03% vs. 2020
- Forecasted population 2030
- 1,370
- -0.02% vs. 2020
Zip code 48760 Silverwood, MI population is forecasted to decrease -0.03% by 2025 (-7.4 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 1,360 people for 2025 zip code 48760 Silverwood, MI will generate a good demand for housing, which is expected to have an excess of -15 houses for 2030. Vacancy rate is 12.8 points above national US average.
- Total homes available 2020
- 773
- Estimated total home demand in 2030
- 757
- Total homes balance inventory
- -15
Average Household Income in zip code 48760 Silverwood, MI
from Internal Revenue Service
- Average household income in 2021
- $63,708
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 48760 Silverwood, MI?
County total number of drinking water violations
255
+5%
244
County total number of drinking water contaminations
11
-54%
24
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