48850 Zip Code

April 25, 2024

Zip Code:	48850
City/Town:	Lakeview
State:	Michigan

Population:	4,474
Per Capita Income:	$19,431
Mean Household Income:	$50,975

Total Housing Units:	1,746
Median Home Value:	$78,600
Median Year Homes Built:	1969

Land Area:	80.8 sq miles 209.2 sq kilometers
Water Area:	1.3 sq miles 3.3 sq kilometers

Population Information (48850 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

4,474

Male:

2,240

50.1%

49.2%

Female:

2,234

49.9%

50.8%

Median Age:

39.8 yrs

37.2 yrs

Under 5 years:

266

5.9%

6.5%

5 to 9 years:

315

7.6%

6.6%

10 to 19 years:

670

15.0%

13.8%

20 to 29 years:

475

10.6%

13.8%

30 to 39 years:

520

11.6%

13.0%

40 to 49 years:

581

13.0%

14.2%

50 to 59 years:

623

13.9%

13.6%

60 to 69 years:

482

10.8%

9.4%

70 to 79 years:

359

8.0%

5.4%

80 years and over:

183

4.1%

3.7%

Housing Information (48850 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$78,600

$119,600

Median year homes build:

1969

1971

Median real estate taxes:

$935 / yr.

$1,334 / yr.

Median rent:

$364 / mo.

$519 / mo.

Total households:

1,746

Family households:

1,223

70.0%

66.4%

Nonfamily households:

523

30.0%

33.6%

Households with individuals under 18 years:

551

31.6%

33.4%

Households with individuals 65 years and over:

519

29.7%

24.9%

Average household size:

2.5

Average family size:

3.0

Total housing units:

2,203

Occupied housing units:

1,746

79.3%

88.6%

Vacant housing units:

457

20.7%

11.4%

For rent:

0.7%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

2.5%

1.4%

Sold, not occupied:

0.5%

0.3%

For seasonal, recreational, or occasional use:

292

13.3%

3.5%

All other vacants:

3.8%

2.8%

Homeowner vacancy rate:

3.8%

2.4%

Rental vacancy rate:

3.8%

9.2%

Owner-occupied housing units:

1,370

Population in owner-occupied housing units:

3,563

Average household size of owner-occupied units:

2.6

2.65

Renter-occupied housing units:

376

Population in renter-occupied housing units:

873

Average household size of renter-occupied units:

2.3

2.44

Educational Attainment (48850 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

2,968

Less than 9th grade:

175

5.9%

6.2%

9th to 12th grade, no diploma:

375

12.6%

8.7%

High school graduate (includes equivalency):

1,234

41.6%

29.0%

Some college, no degree:

693

23.3%

20.6%

Associate degree:

154

5.2%

7.5%

Bachelor's degree:

234

7.9%

17.6%

Graduate or professional degree:

103

3.5%

10.3%

Percent high school graduate or higher:

81.5%

85.0%

Percent bachelor's degree or higher:

11.4%

27.9%

Income Information (48850 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:

1,643

36.7%

50.4%

Median income:

$26,393 / yr.

$27,932 / yr.

Full-time, year-round workers:

825

18.4%

59.7%

Median income:

$33,429 / yr.

$38,349 / yr.

Females 15 years and over with income:

1,544

34.5%

49.6%

Median income:

$12,074 / yr.

$16,327 / yr.

Full-time, year-round workers:

468

10.5%

40.3%

Median income:

$21,779 / yr.

$28,135 / yr.

All contents copyright © 2012-2024 TeraCodes.com. All rights reserved. This Internet site provides information of a general nature and is designed for educational purposes only. If you have any concerns please review the Terms of Use before using this site. Your use of the site indicates your agreement to be bound by the Terms of Use.

This site is published by TeraCodes, which is responsible for its contents as further described and qualified in the Privacy Policy and Terms of Use.