48768 Zip Code

April 25, 2024

Zip Code:	48768
City/Town:	Vassar
State:	Michigan

Population:	9,832
Per Capita Income:	$21,299
Mean Household Income:	$58,419

Total Housing Units:	3,759
Median Home Value:	$86,200
Median Year Homes Built:	1966

Land Area:	104.8 sq miles 271.4 sq kilometers
Water Area:	0.8 sq miles 2.0 sq kilometers

Population Information (48768 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

9,832

Male:

4,946

50.3%

49.2%

Female:

4,886

49.7%

50.8%

Median Age:

39.9 yrs

37.2 yrs

Under 5 years:

535

5.4%

6.5%

5 to 9 years:

617

9.5%

6.6%

10 to 19 years:

1,638

16.7%

13.8%

20 to 29 years:

1,051

10.7%

13.8%

30 to 39 years:

1,090

11.1%

13.0%

40 to 49 years:

1,440

14.6%

14.2%

50 to 59 years:

1,555

15.8%

13.6%

60 to 69 years:

1,018

10.4%

9.4%

70 to 79 years:

577

5.9%

5.4%

80 years and over:

311

3.2%

3.7%

Housing Information (48768 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$86,200

$119,600

Median year homes build:

1966

1971

Median real estate taxes:

$987 / yr.

$1,334 / yr.

Median rent:

$384 / mo.

$519 / mo.

Total households:

3,759

Family households:

2,735

72.8%

66.4%

Nonfamily households:

1,024

27.2%

33.6%

Households with individuals under 18 years:

1,228

32.7%

33.4%

Households with individuals 65 years and over:

986

26.2%

24.9%

Average household size:

2.6

Average family size:

3.0

Total housing units:

4,151

Occupied housing units:

3,759

90.6%

88.6%

Vacant housing units:

392

9.4%

11.4%

For rent:

2.1%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

1.6%

1.4%

Sold, not occupied:

0.8%

0.3%

For seasonal, recreational, or occasional use:

1.1%

3.5%

All other vacants:

153

3.7%

2.8%

Homeowner vacancy rate:

2.1%

2.4%

Rental vacancy rate:

11.0%

9.2%

Owner-occupied housing units:

3,060

Population in owner-occupied housing units:

7,951

Average household size of owner-occupied units:

2.6

2.65

Renter-occupied housing units:

699

Population in renter-occupied housing units:

1,653

Average household size of renter-occupied units:

2.4

2.44

Educational Attainment (48768 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

6,330

Less than 9th grade:

314

5.0%

6.2%

9th to 12th grade, no diploma:

809

12.8%

8.7%

High school graduate (includes equivalency):

2,549

40.3%

29.0%

Some college, no degree:

1,489

23.5%

20.6%

Associate degree:

483

7.6%

7.5%

Bachelor's degree:

472

7.5%

17.6%

Graduate or professional degree:

214

3.4%

10.3%

Percent high school graduate or higher:

82.3%

85.0%

Percent bachelor's degree or higher:

10.8%

27.9%

Income Information (48768 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

3,560

36.2%

50.4%

Median income:

$28,654 / yr.

$27,932 / yr.

Full-time, year-round workers:

1,835

18.7%

59.7%

Median income:

$36,445 / yr.

$38,349 / yr.

Females 15 years and over with income:

3,302

33.6%

49.6%

Median income:

$13,207 / yr.

$16,327 / yr.

Full-time, year-round workers:

1,113

11.3%

40.3%

Median income:

$23,693 / yr.

$28,135 / yr.

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