48416 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 48416 is White. The majority race/ethnicity attending public schools in 48416 is White. The current unemployment level in 48416 is 4.2%.
| Population | 5,291 |
| Population Growth Rate | 6.95% |
| Population Density | 46 People per Square Mile |
| Total Households | 1,775 |
| Percentage High Income Households | 1.8% |
| Median Household Income (2021) | $59,081 |
| Average Adjusted Gross Income (2021) | $387,430 |
| Current Unemployment Rate (November 2024) | 4.2% |
| Majority Race/Ethnicty | White - 96.96% |
| Public School Majority Race/Ethnicty | White - 93.65% |
48416 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 5,141 | 96.96% |
| Black | 8 | 0.15% |
| Hispanic | 141 | 2.66% |
| Asian | 6 | 0.11% |
| Native American | 6 | 0.11% |
| Hawaiian/Pac. Islander | 0 | 0% |
48416 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 693 | 95.72% |
| Black | 14 | 1.93% |
| Hispanic | 15 | 2.07% |
| Asian | 1 | 0.14% |
| Native American | 1 | 0.14% |
| Hawaiian/Pac. Islander | 0 | 0% |
48416 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 280 | 10.25% |
| Bachelor Degree | 181 | 6.63% |
| High School Diploma | 1,380 | 50.53% |
| No High School Diploma | 37 | 1.35% |
| GED or Alternate | 106 | 3.88% |
| 1 or More Years of College | 436 | 15.96% |
| Associates Degree | 195 | 7.14% |
| Masters Degree | 101 | 3.7% |
| Professional Degree | 9 | 0.33% |
| Doctorate Degree | 6 | 0.22% |