48640 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 48640 is White. The majority race/ethnicity attending public schools in 48640 is White. The current unemployment level in 48640 is 5.8%.
| Population | 32,723 |
| Population Growth Rate | -2.84% |
| Population Density | 302 People per Square Mile |
| Total Households | 12,989 |
| Percentage High Income Households | 5.9% |
| Median Household Income (2021) | $71,131 |
| Average Adjusted Gross Income (2021) | $425,620 |
| Current Unemployment Rate (September 2024) | 5.8% |
| Majority Race/Ethnicty | White - 93.71% |
| Public School Majority Race/Ethnicty | White - 87.74% |
48640 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 30,303 | 93.71% |
| Black | 530 | 1.64% |
| Hispanic | 1,196 | 3.7% |
| Asian | 252 | 0.78% |
| Native American | 55 | 0.17% |
| Hawaiian/Pac. Islander | 0 | 0% |
48640 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 5,274 | 90.25% |
| Black | 99 | 1.69% |
| Hispanic | 217 | 3.71% |
| Asian | 225 | 3.85% |
| Native American | 17 | 0.29% |
| Hawaiian/Pac. Islander | 12 | 0.21% |
48640 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 1,482 | 7.44% |
| Bachelor Degree | 4,358 | 21.89% |
| High School Diploma | 4,978 | 25% |
| No High School Diploma | 253 | 1.27% |
| GED or Alternate | 714 | 3.59% |
| 1 or More Years of College | 2,678 | 13.45% |
| Associates Degree | 2,182 | 10.96% |
| Masters Degree | 2,207 | 11.08% |
| Professional Degree | 420 | 2.11% |
| Doctorate Degree | 640 | 3.21% |