48840 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 48840 is White. The majority race/ethnicity attending public schools in 48840 is White. The current unemployment level in 48840 is 4.2%.
| Population | 12,611 |
| Population Growth Rate | -0.57% |
| Population Density | 688 People per Square Mile |
| Total Households | 5,690 |
| Percentage High Income Households | 4.6% |
| Median Household Income (2021) | $70,035 |
| Average Adjusted Gross Income (2021) | $610,580 |
| Current Unemployment Rate (November 2024) | 4.2% |
| Majority Race/Ethnicty | White - 86.26% |
| Public School Majority Race/Ethnicty | White - 73.66% |
48840 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 10,764 | 86.26% |
| Black | 427 | 3.42% |
| Hispanic | 777 | 6.23% |
| Asian | 493 | 3.95% |
| Native American | 17 | 0.14% |
| Hawaiian/Pac. Islander | 0 | 0% |
48840 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
|---|
| White | 1,910 | 79.88% |
| Black | 80 | 3.35% |
| Hispanic | 272 | 11.38% |
| Asian | 123 | 5.14% |
| Native American | 6 | 0.25% |
| Hawaiian/Pac. Islander | 0 | 0% |
48840 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
|---|
| Less Than 1 Year of College | 470 | 5.51% |
| Bachelor Degree | 2,482 | 29.11% |
| High School Diploma | 1,163 | 13.64% |
| No High School Diploma | 18 | 0.21% |
| GED or Alternate | 89 | 1.04% |
| 1 or More Years of College | 1,489 | 17.46% |
| Associates Degree | 754 | 8.84% |
| Masters Degree | 1,373 | 16.1% |
| Professional Degree | 381 | 4.47% |
| Doctorate Degree | 308 | 3.61% |