48623 ZIP Code – Freeland, Michigan

48623 is a mid-sized ZIP code in Freeland, Michigan, part of Saginaw County with a population of approximately 15,098 residents. The median household income is $91,964 — above the Michigan average and above the national average. Homes in this ZIP code have a median value of $216,700, below the national average, with 89.8% owner-occupied housing (increasing). , and the median rent of $1,041 is near the national average. Housing consists of 91% single-family (increasing).

Unemployment stands at 3.7%, which is below the U.S. rate. An estimated 5.9% of the population falls below the poverty line, well below the national figure. An estimated 32.9% of adults hold a bachelor's degree or higher, above the national average. At 41.5, the median age is near the national figure. Neighboring ZIP codes include 48603, 48710, 48611.

ZIP Code 48623 Data

Population 15,098
Median Household Income $91,964
Median Home Value $216,700
Median Rent $1,041
Median Age 41.5
Unemployment Rate 3.7%
Poverty Rate 5.9%
Bachelor's Degree or Higher 32.9%
State Michigan

ZIP 48623 vs. Michigan vs. U.S.

MetricZIP 48623MI Avg.U.S. Avg.
Population15k10k10k
Median Household Income$91k$68k$73k
Median Home Value$216k$190k$258k
Median Rent$1,041$949$1,088
Median Age41.544.743.2
Unemployment Rate3.7%5.6%5.0%
Poverty Rate5.9%12.5%13.3%
Bachelor's Degree or Higher32.9%25.8%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
48603 SAGINAW 28,426 $61,881
48710 UNIVERSITY CENTER Not provided Not provided
48611 AUBURN 6,135 $78,488
48626 HEMLOCK 5,899 $81,699
48604 SAGINAW 11,793 $52,285