48649 Zip Code

April 20, 2024

Zip Code:	48649
City/Town:	Oakley
State:	Michigan

Population:	1,576
Per Capita Income:	$21,568
Mean Household Income:	$59,809

Total Housing Units:	608
Median Home Value:	$93,000
Median Year Homes Built:	1965

Land Area:	25.9 sq miles 67.1 sq kilometers
Water Area:	0.2 sq miles 0.4 sq kilometers

Population Information (48649 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

1,576

Male:

785

49.8%

49.2%

Female:

791

50.2%

50.8%

Median Age:

44.2 yrs

37.2 yrs

Under 5 years:

4.1%

6.5%

5 to 9 years:

7.9%

6.6%

10 to 19 years:

238

15.1%

13.8%

20 to 29 years:

163

10.3%

13.8%

30 to 39 years:

152

9.6%

13.0%

40 to 49 years:

257

16.3%

14.2%

50 to 59 years:

252

16.0%

13.6%

60 to 69 years:

189

12.0%

9.4%

70 to 79 years:

106

6.7%

5.4%

80 years and over:

4.4%

3.7%

Housing Information (48649 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$93,000

$119,600

Median year homes build:

1965

1971

Median real estate taxes:

$1,053 / yr.

$1,334 / yr.

Median rent:

$417 / mo.

$519 / mo.

Total households:

608

Family households:

451

74.2%

66.4%

Nonfamily households:

157

25.8%

33.6%

Households with individuals under 18 years:

178

29.3%

33.4%

Households with individuals 65 years and over:

193

31.7%

24.9%

Average household size:

2.6

Average family size:

3.0

Total housing units:

662

Occupied housing units:

608

91.8%

88.6%

Vacant housing units:

8.2%

11.4%

For rent:

1.4%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

2.6%

1.4%

Sold, not occupied:

0.8%

0.3%

For seasonal, recreational, or occasional use:

0.2%

3.5%

All other vacants:

3.3%

2.8%

Homeowner vacancy rate:

3.0%

2.4%

Rental vacancy rate:

11.4%

9.2%

Owner-occupied housing units:

538

Population in owner-occupied housing units:

1,385

Average household size of owner-occupied units:

2.6

2.65

Renter-occupied housing units:

Population in renter-occupied housing units:

191

Average household size of renter-occupied units:

2.7

2.44

Educational Attainment (48649 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

1,083

Less than 9th grade:

7.4%

6.2%

9th to 12th grade, no diploma:

100

9.2%

8.7%

High school graduate (includes equivalency):

466

43.0%

29.0%

Some college, no degree:

248

22.9%

20.6%

Associate degree:

8.7%

7.5%

Bachelor's degree:

4.4%

17.6%

Graduate or professional degree:

4.3%

10.3%

Percent high school graduate or higher:

83.4%

85.0%

Percent bachelor's degree or higher:

8.8%

27.9%

Income Information (48649 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:

586

37.2%

50.4%

Median income:

$28,929 / yr.

$27,932 / yr.

Full-time, year-round workers:

348

22.1%

59.7%

Median income:

$35,577 / yr.

$38,349 / yr.

Females 15 years and over with income:

591

37.5%

49.6%

Median income:

$14,187 / yr.

$16,327 / yr.

Full-time, year-round workers:

203

12.9%

40.3%

Median income:

$21,845 / yr.

$28,135 / yr.

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