48823 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 48823 is White. The majority race/ethnicity attending public schools in 48823 is White. The current unemployment level in 48823 is 4.2%.
| Population | 49,713 |
| Population Growth Rate | 0.00% |
| Population Density | 2,101 People per Square Mile |
| Total Households | 19,544 |
| Percentage High Income Households | 5.2% |
| Median Household Income (2021) | $47,128 |
| Average Adjusted Gross Income (2021) | $632,610 |
| Current Unemployment Rate (November 2024) | 4.2% |
| Majority Race/Ethnicty | White - 79.12% |
| Public School Majority Race/Ethnicty | White - 58.29% |
48823 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 40,020 | 79.09% |
| Black | 2,855 | 5.64% |
| Hispanic | 2,451 | 4.84% |
| Asian | 5,108 | 10.1% |
| Native American | 145 | 0.29% |
| Hawaiian/Pac. Islander | 19 | 0.04% |
48823 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 2,942 | 64.45% |
| Black | 832 | 18.23% |
| Hispanic | 494 | 10.82% |
| Asian | 258 | 5.65% |
| Native American | 32 | 0.7% |
| Hawaiian/Pac. Islander | 7 | 0.15% |
48823 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 1,035 | 4.6% |
| Bachelor Degree | 6,915 | 30.71% |
| High School Diploma | 2,149 | 9.54% |
| No High School Diploma | 148 | 0.66% |
| GED or Alternate | 199 | 0.88% |
| 1 or More Years of College | 2,710 | 12.04% |
| Associates Degree | 1,328 | 5.9% |
| Masters Degree | 4,179 | 18.56% |
| Professional Degree | 1,544 | 6.86% |
| Doctorate Degree | 2,310 | 10.26% |