48632 ZIP Code – Lake, Michigan
48632 is a mid-sized ZIP code in Lake, Michigan, part of Clare County with a population of approximately 5,028 residents. Residents earn a median household income of $49,722, which is below the Michigan average and below the national figure. Median home values of $125,400 are well below the national average, with 91.9% owner-occupied housing (increasing). ; median rent of $810 is similarly below the national average. Housing consists of 83% single-family (increasing).
At 7.3%, the unemployment rate is above the national figure. The poverty rate of 18.2% is above the U.S. average. 14.3% of adults hold a bachelor's degree or higher, well below the U.S. average. The population has a median age of 49.4, near the national median. Neighboring ZIP codes include 49679, 48622, 48633.
ZIP Code 48632 Data
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ZIP 48632 vs. Michigan vs. U.S.
| Metric | ZIP 48632 | MI Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 5,028 | 10k | 10k |
| Median Household Income | $49k | $68k | $73k |
| Median Home Value | $125k | $190k | $258k |
| Median Rent | $810 | $949 | $1,088 |
| Median Age | 49.4 | 44.7 | 43.2 |
| Unemployment Rate | 7.3% | 5.6% | 5.0% |
| Poverty Rate | 18.2% | 12.5% | 13.3% |
| Bachelor's Degree or Higher | 14.3% | 25.8% | 26.9% |
Demographics Charts
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Education Level (adults 25+)
Nearby ZIP Codes
- 49679 – Sears
- 48622 – Farwell
- 48633 – Lake George
- 49305 – Barryton
- 48893 – Weidman
- 49631 – Evart
- 48617 – Clare
- 49320 – Chippewa Lake
- 48878 – Rosebush
- 48625 – Harrison
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 49679 | SEARS | 1,351 | $65,089 |
| 48622 | FARWELL | 5,996 | $55,976 |
| 48633 | LAKE GEORGE | 129 | $45,556 |
| 49305 | BARRYTON | 2,397 | $44,929 |
| 48893 | WEIDMAN | 5,274 | $68,099 |