48723 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 48723 is White. The majority race/ethnicity attending public schools in 48723 is White. The current unemployment level in 48723 is 4.2%.
| Population | 12,389 |
| Population Growth Rate | 0.00% |
| Population Density | 93 People per Square Mile |
| Total Households | 4,842 |
| Percentage High Income Households | 1.2% |
| Median Household Income (2021) | $52,712 |
| Average Adjusted Gross Income (2021) | $431,490 |
| Current Unemployment Rate (November 2024) | 4.2% |
| Majority Race/Ethnicty | White - 93.97% |
| Public School Majority Race/Ethnicty | White - 89.90% |
48723 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 12,165 | 93.97% |
| Black | 188 | 1.45% |
| Hispanic | 477 | 3.68% |
| Asian | 74 | 0.57% |
| Native American | 41 | 0.32% |
| Hawaiian/Pac. Islander | 0 | 0% |
48723 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 1,424 | 91.81% |
| Black | 23 | 1.48% |
| Hispanic | 87 | 5.61% |
| Asian | 9 | 0.58% |
| Native American | 7 | 0.45% |
| Hawaiian/Pac. Islander | 1 | 0.06% |
48723 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 687 | 8.99% |
| Bachelor Degree | 814 | 10.66% |
| High School Diploma | 3,022 | 39.57% |
| No High School Diploma | 193 | 2.53% |
| GED or Alternate | 375 | 4.91% |
| 1 or More Years of College | 1,221 | 15.99% |
| Associates Degree | 836 | 10.95% |
| Masters Degree | 386 | 5.05% |
| Professional Degree | 68 | 0.89% |
| Doctorate Degree | 36 | 0.47% |