48706 Zip Code

April 20, 2024

Zip Code:	48706
City/Town:	Bay City
State:	Michigan

Population:	40,596
Per Capita Income:	$25,317
Mean Household Income:	$63,667

Total Housing Units:	17,125
Median Home Value:	$88,500
Median Year Homes Built:	1959

Land Area:	67.0 sq miles 173.5 sq kilometers
Water Area:	7.2 sq miles 18.7 sq kilometers

Population Information (48706 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

40,596

Male:

19,524

48.1%

49.2%

Female:

21,072

51.9%

50.8%

Median Age:

42.9 yrs

37.2 yrs

Under 5 years:

2,276

5.6%

6.5%

5 to 9 years:

2,352

6.5%

6.6%

10 to 19 years:

5,048

12.4%

13.8%

20 to 29 years:

4,683

11.5%

13.8%

30 to 39 years:

4,482

11.0%

13.0%

40 to 49 years:

5,528

13.6%

14.2%

50 to 59 years:

6,262

15.4%

13.6%

60 to 69 years:

4,747

11.7%

9.4%

70 to 79 years:

2,946

7.3%

5.4%

80 years and over:

2,272

5.6%

3.7%

Housing Information (48706 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$88,500

$119,600

Median year homes build:

1959

1971

Median real estate taxes:

$1,331 / yr.

$1,334 / yr.

Median rent:

$398 / mo.

$519 / mo.

Total households:

17,125

Family households:

11,124

65.0%

66.4%

Nonfamily households:

6,001

35.0%

33.6%

Households with individuals under 18 years:

4,759

27.8%

33.4%

Households with individuals 65 years and over:

5,157

30.1%

24.9%

Average household size:

2.3

Average family size:

2.9

Total housing units:

18,425

Occupied housing units:

17,125

92.9%

88.6%

Vacant housing units:

1,300

7.1%

11.4%

For rent:

395

2.1%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

305

1.7%

1.4%

Sold, not occupied:

0.4%

0.3%

For seasonal, recreational, or occasional use:

151

0.8%

3.5%

All other vacants:

365

2.0%

2.8%

Homeowner vacancy rate:

2.2%

2.4%

Rental vacancy rate:

10.2%

9.2%

Owner-occupied housing units:

13,648

Population in owner-occupied housing units:

32,777

Average household size of owner-occupied units:

2.4

2.65

Renter-occupied housing units:

3,477

Population in renter-occupied housing units:

7,325

Average household size of renter-occupied units:

2.1

2.44

Educational Attainment (48706 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

27,994

Less than 9th grade:

1,644

5.9%

6.2%

9th to 12th grade, no diploma:

3,035

10.8%

8.7%

High school graduate (includes equivalency):

10,072

36.0%

29.0%

Some college, no degree:

6,462

23.1%

20.6%

Associate degree:

2,368

8.5%

7.5%

Bachelor's degree:

2,890

10.3%

17.6%

Graduate or professional degree:

1,523

5.4%

10.3%

Percent high school graduate or higher:

83.3%

85.0%

Percent bachelor's degree or higher:

15.8%

27.9%

Income Information (48706 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:

14,647

36.1%

50.4%

Median income:

$30,034 / yr.

$27,932 / yr.

Full-time, year-round workers:

7,537

18.6%

59.7%

Median income:

$40,548 / yr.

$38,349 / yr.

Females 15 years and over with income:

15,118

37.2%

49.6%

Median income:

$14,056 / yr.

$16,327 / yr.

Full-time, year-round workers:

4,964

12.2%

40.3%

Median income:

$25,253 / yr.

$28,135 / yr.

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