48864 can be classified socioeconomically as 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 48864 is White. The majority race/ethnicity attending public schools in 48864 is White. The current unemployment level in 48864 is 4.2%.
| Population | 23,359 |
| Population Growth Rate | 1.98% |
| Population Density | 1,128 People per Square Mile |
| Total Households | 8,044 |
| Percentage High Income Households | 11.2% |
| Median Household Income (2021) | $99,093 |
| Average Adjusted Gross Income (2021) | $469,240 |
| Current Unemployment Rate (November 2024) | 4.2% |
| Majority Race/Ethnicty | White - 66.09% |
| Public School Majority Race/Ethnicty | White - 58.08% |
48864 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 14,626 | 66.09% |
| Black | 1,419 | 6.41% |
| Hispanic | 748 | 3.38% |
| Asian | 5,206 | 23.52% |
| Native American | 131 | 0.59% |
| Hawaiian/Pac. Islander | 0 | 0% |
48864 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 3,643 | 63.05% |
| Black | 607 | 10.51% |
| Hispanic | 360 | 6.23% |
| Asian | 1,148 | 19.87% |
| Native American | 16 | 0.28% |
| Hawaiian/Pac. Islander | 4 | 0.07% |
48864 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 419 | 3.23% |
| Bachelor Degree | 4,550 | 35.12% |
| High School Diploma | 1,068 | 8.24% |
| No High School Diploma | 45 | 0.35% |
| GED or Alternate | 63 | 0.49% |
| 1 or More Years of College | 1,149 | 8.87% |
| Associates Degree | 723 | 5.58% |
| Masters Degree | 2,502 | 19.31% |
| Professional Degree | 971 | 7.49% |
| Doctorate Degree | 1,467 | 11.32% |