48720 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 48720 is White. The current unemployment level in 48720 is 4.2%.
Population | 1,116 |
Population Growth Rate | 5.73% |
Population Density | 34 People per Square Mile |
Total Households | 459 |
Median Household Income (2021) | $48,355 |
Average Adjusted Gross Income (2021) | $347,530 |
Current Unemployment Rate (November 2024) | 4.2% |
Majority Race/Ethnicty | White - 94.23% |
48720 Race/Ethnicty Breakdown
Race/Ethnicty | Total | Percentage |
White | 979 | 94.23% |
Black | 0 | 0% |
Hispanic | 27 | 2.6% |
Asian | 33 | 3.18% |
Native American | 0 | 0% |
Hawaiian/Pac. Islander | 0 | 0% |
48720 Educational Attainment Levels
Highest Education Level Attained | Total | Percentage |
Less Than 1 Year of College | 37 | 5.2% |
Bachelor Degree | 60 | 8.43% |
High School Diploma | 374 | 52.53% |
No High School Diploma | 27 | 3.79% |
GED or Alternate | 16 | 2.25% |
1 or More Years of College | 134 | 18.82% |
Associates Degree | 49 | 6.88% |
Masters Degree | 8 | 1.12% |
Professional Degree | 7 | 0.98% |
Doctorate Degree | 0 | 0% |