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
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ZIP 48623 vs. Michigan vs. U.S.
| Metric | ZIP 48623 | MI Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 15k | 10k | 10k |
| Median Household Income | $91k | $68k | $73k |
| Median Home Value | $216k | $190k | $258k |
| Median Rent | $1,041 | $949 | $1,088 |
| Median Age | 41.5 | 44.7 | 43.2 |
| Unemployment Rate | 3.7% | 5.6% | 5.0% |
| Poverty Rate | 5.9% | 12.5% | 13.3% |
| Bachelor's Degree or Higher | 32.9% | 25.8% | 26.9% |
Demographics Charts
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Education Level (adults 25+)
Nearby ZIP Codes
- 48603 – Saginaw
- 48710 – University Center
- 48611 – Auburn
- 48626 – Hemlock
- 48604 – Saginaw
- 48638 – Saginaw
- 48609 – Saginaw
- 48602 – Saginaw
- 48706 – Bay City
- 48640 – Midland
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 |