Zip Code

48762

City

Spruce, MI

Population & Migration

What is the forecasted population for Zip code 48762 Spruce, MI?

Population census 2020
1,017
Forecasted population 2025
1,035
0.02% vs. 2020
Forecasted population 2030
1,070
0.05% vs. 2020

Zip code 48762 Spruce, MI population is forecasted to decrease 0.02% by 2025 (-2.9 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 1,035 people for 2025 zip code 48762 Spruce, MI will generate a good demand for housing, which is expected to have a deficit of 54 houses for 2030. Vacancy rate is 41.6 points above national US average.

Total homes available 2020
1,031
Estimated total home demand in 2030
1,085
Total homes balance inventory
54

Average Household Income in zip code 48762 Spruce, MI
from Internal Revenue Service

Average household income in 2021
$69,605

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 48762 Spruce, MI?

County total number of drinking water violations

69

-72%

244

County total number of drinking water contaminations

52

+117%

24

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