48866 Zip Code

April 24, 2024

Zip Code:	48866
City/Town:	Ovid
State:	Michigan

Population:	4,851
Per Capita Income:	$21,936
Mean Household Income:	$57,086

Total Housing Units:	1,798
Median Home Value:	$92,000
Median Year Homes Built:	1957

Land Area:	48.7 sq miles 126.0 sq kilometers
Water Area:	0.2 sq miles 0.6 sq kilometers

Population Information (48866 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

4,851

Male:

2,347

48.4%

49.2%

Female:

2,504

51.6%

50.8%

Median Age:

39.5 yrs

37.2 yrs

Under 5 years:

296

6.1%

6.5%

5 to 9 years:

329

7.2%

6.6%

10 to 19 years:

768

15.8%

13.8%

20 to 29 years:

454

9.4%

13.8%

30 to 39 years:

615

12.7%

13.0%

40 to 49 years:

745

15.4%

14.2%

50 to 59 years:

651

13.4%

13.6%

60 to 69 years:

516

10.6%

9.4%

70 to 79 years:

284

5.9%

5.4%

80 years and over:

193

4.0%

3.7%

Housing Information (48866 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$92,000

$119,600

Median year homes build:

1957

1971

Median real estate taxes:

$886 / yr.

$1,334 / yr.

Median rent:

$405 / mo.

$519 / mo.

Total households:

1,798

Family households:

1,347

74.9%

66.4%

Nonfamily households:

451

25.1%

33.6%

Households with individuals under 18 years:

650

36.2%

33.4%

Households with individuals 65 years and over:

458

25.5%

24.9%

Average household size:

2.7

Average family size:

3.0

Total housing units:

1,912

Occupied housing units:

1,798

94.0%

88.6%

Vacant housing units:

114

6.0%

11.4%

For rent:

0.8%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

1.4%

Sold, not occupied:

0.4%

0.3%

For seasonal, recreational, or occasional use:

0.7%

3.5%

All other vacants:

2.7%

2.8%

Homeowner vacancy rate:

1.8%

2.4%

Rental vacancy rate:

4.7%

9.2%

Owner-occupied housing units:

1,495

Population in owner-occupied housing units:

3,994

Average household size of owner-occupied units:

2.7

2.65

Renter-occupied housing units:

303

Population in renter-occupied housing units:

771

Average household size of renter-occupied units:

2.5

2.44

Educational Attainment (48866 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

2,941

Less than 9th grade:

112

3.8%

6.2%

9th to 12th grade, no diploma:

366

12.4%

8.7%

High school graduate (includes equivalency):

1,241

42.2%

29.0%

Some college, no degree:

656

22.3%

20.6%

Associate degree:

270

9.2%

7.5%

Bachelor's degree:

200

6.8%

17.6%

Graduate or professional degree:

3.3%

10.3%

Percent high school graduate or higher:

83.7%

85.0%

Percent bachelor's degree or higher:

10.1%

27.9%

Income Information (48866 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:

1,644

33.9%

50.4%

Median income:

$27,346 / yr.

$27,932 / yr.

Full-time, year-round workers:

945

19.5%

59.7%

Median income:

$37,375 / yr.

$38,349 / yr.

Females 15 years and over with income:

1,470

30.3%

49.6%

Median income:

$14,932 / yr.

$16,327 / yr.

Full-time, year-round workers:

525

10.8%

40.3%

Median income:

$24,607 / yr.

$28,135 / yr.

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