48740 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 48740 is White. The current unemployment level in 48740 is 4.2%.
| Population | 2,457 |
| Population Growth Rate | 0.00% |
| Population Density | 36 People per Square Mile |
| Total Households | 1,079 |
| Percentage High Income Households | 1.7% |
| Median Household Income (2021) | $49,078 |
| Average Adjusted Gross Income (2021) | $396,380 |
| Current Unemployment Rate (November 2024) | 4.2% |
| Majority Race/Ethnicty | White - 96.40% |
48740 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 2,381 | 96.4% |
| Black | 7 | 0.28% |
| Hispanic | 66 | 2.67% |
| Asian | 2 | 0.08% |
| Native American | 14 | 0.57% |
| Hawaiian/Pac. Islander | 0 | 0% |
48740 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 203 | 11.23% |
| Bachelor Degree | 177 | 9.79% |
| High School Diploma | 648 | 35.84% |
| No High School Diploma | 54 | 2.99% |
| GED or Alternate | 95 | 5.25% |
| 1 or More Years of College | 325 | 17.98% |
| Associates Degree | 176 | 9.73% |
| Masters Degree | 98 | 5.42% |
| Professional Degree | 20 | 1.11% |
| Doctorate Degree | 12 | 0.66% |