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

Population 5,028
Median Household Income $49,722
Median Home Value $125,400
Median Rent $810
Median Age 49.4
Unemployment Rate 7.3%
Poverty Rate 18.2%
Bachelor's Degree or Higher 14.3%
County Clare County
State Michigan

ZIP 48632 vs. Michigan vs. U.S.

MetricZIP 48632MI Avg.U.S. Avg.
Population5,02810k10k
Median Household Income$49k$68k$73k
Median Home Value$125k$190k$258k
Median Rent$810$949$1,088
Median Age49.444.743.2
Unemployment Rate7.3%5.6%5.0%
Poverty Rate18.2%12.5%13.3%
Bachelor's Degree or Higher14.3%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
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