48240 can be classified socioeconomically as Lower Middle Class class compared to other ZIP Codes in Michigan based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 48240 is White. The majority race/ethnicity attending public schools in 48240 is African American. The current unemployment level in 48240 is 4.2%.
| Population | 16,914 |
| Population Growth Rate | -3.72% |
| Population Density | 4,616 People per Square Mile |
| Total Households | 6,698 |
| Percentage High Income Households | 0.5% |
| Median Household Income (2021) | $55,352 |
| Average Adjusted Gross Income (2020) | $40,820 |
| Current Unemployment Rate (April 2024) | 4.2% |
| Majority Race/Ethnicty | White - 49.72% |
| Public School Majority Race/Ethnicty | African American - 79.18% |
48240 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 8,532 | 49.68% |
| Black | 7,575 | 44.1% |
| Hispanic | 946 | 5.51% |
| Asian | 36 | 0.21% |
| Native American | 70 | 0.41% |
| Hawaiian/Pac. Islander | 16 | 0.09% |
48240 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 363 | 13.2% |
| Black | 2,270 | 82.58% |
| Hispanic | 95 | 3.46% |
| Asian | 6 | 0.22% |
| Native American | 5 | 0.18% |
| Hawaiian/Pac. Islander | 10 | 0.36% |
48240 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 855 | 7.94% |
| Bachelor Degree | 1,350 | 12.54% |
| High School Diploma | 3,540 | 32.89% |
| No High School Diploma | 360 | 3.35% |
| GED or Alternate | 577 | 5.36% |
| 1 or More Years of College | 2,256 | 20.96% |
| Associates Degree | 985 | 9.15% |
| Masters Degree | 608 | 5.65% |
| Professional Degree | 145 | 1.35% |
| Doctorate Degree | 86 | 0.8% |