48762 ZIP Code – Spruce, Michigan

ZIP code 48762 is a small ZIP code located in Spruce, Michigan, within Alcona County with a population of approximately 1,069 residents. Residents earn a median household income of $62,563, which is near the Michigan average and near the national figure. Median home values of $161,000 are below the national average, with 97.1% owner-occupied housing (increasing). Housing consists of 96% single-family (increasing).

The area reports an unemployment rate of 3.1%, below the national average. An estimated 10.0% of the population falls below the poverty line, below the national figure. Bachelor's degree attainment is 23.2%, near the national average. At 59.5, the median age is above the national figure. ZIP codes in the surrounding area include 48742, 49766, 48721.

ZIP Code 48762 Data

Population 1,069
Median Household Income $62,563
Median Home Value $161,000
Median Rent Not provided
Median Age 59.5
Unemployment Rate 3.1%
Poverty Rate 10.0%
Bachelor's Degree or Higher 23.2%
County Alcona County
State Michigan

ZIP 48762 vs. Michigan vs. U.S.

MetricZIP 48762MI Avg.U.S. Avg.
Population1,06910k10k
Median Household Income$62k$68k$73k
Median Home Value$161k$190k$258k
Median Rent$949$1,088
Median Age59.544.743.2
Unemployment Rate3.1%5.6%5.0%
Poverty Rate10.0%12.5%13.3%
Bachelor's Degree or Higher23.2%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
48742 LINCOLN 1,611 $51,250
49766 OSSINEKE 2,405 $57,557
48721 BLACK RIVER 420 $56,000
49747 HUBBARD LAKE 2,068 $62,188
48740 HARRISVILLE 2,457 $51,695