48723 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 48723 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateMichigan
CityCaro
Time ZoneAmerica/Detroit
Geo Location43.4856, -83.387
Population12898
Size336.592 square miles
Median Family Income$67324.00
Median Home Value$102300.00

Population & Demographics

The following information lists the population statistics and breakdown for the 48723 zip code. The total population is 12898, of which, 6517 are male and 6381 are female. With a total area of 336.592 square miles, the population density is 35.8 people per square mile. The median age of the population is 43 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
201112126
201212156
201312431
201412405
201512283
201612155
201712263
201812028
201912050
202012327
202112898

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 5444.2%
Age 5-98236.4%
Age 10-148726.8%
Age 15-198256.4%
Age 20-246064.7
Age 25-297315.7%
Age 30-347485.8%
Age 35-397545.8%
Age 40-44822 6.4%
Age 45-497045.5%
Age 50-548786.8%
Age 55-5910838.4%
Age 60-649107.1%
Age 65-697225.6%
Age 70-747585.9%
Age 75-794703.6%
Age 80-842802.2%
Age 85 and over3682.9%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 2.9 %
  • Speaks Spanish: 1.7 %
  • Speaks Other Indo-European Language: 0.5 %
  • Speaks Pacific Island Languages: 0.6 %
  • Speak Other Languages: 0 %
Marital Status: 
  • Currently Married: 45.7 %
  • Divorced: 15.2 %
  • Separated (not divorced): 0.8 %
  • Never Married: 28.7 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 48723 zip code is $67324. This is -22.39% less than the national average. This income places 17.5% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $18895. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.0096
$10,000.00 – $14,999.0083
$15,000.00 – $24,999.00200
$25,000.00 – $34,999.00378
$35,000.00 – $49,999.00379
$50,000.00 – $74,999.00534
$75,000.00 – $99,999.00425
$100,000.00 – $149,999.00653
$150,000.00 – $199,999,00141
$200,000.00 +104

YearMedian Family Income ($ USD)
201151458
201251200
201350844
201453914
201553443
201654421
201753491
201859647
201960750
202066779
202167324

Income Source# of Households
Wage or Salary3090
Self Employment493
Social Security2166
Dividends, Interest, or Rental841
Retirement1436
Other634

Total Insured & Uninsured Individuals: 
  • Families Insure: 12068
  • Families Uninsured: 566
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 1436
  • No retirement income: 3528

Education

In the 48723 zip code, 89.5% of individuals over 25 years old have a high school degree or higher, and 16% have a bachelors degree or higher. Additionally, 12.2% of individuals 3 years and older are in private school, and 87.8% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 48723 zip, there are an estimated 5660 people in the labor force, of which, 5262 are employed, and 398 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 27.7 minutes. Of the total people that work, 240 worked from home and 5198 commuted. The average number of hours worked is 39.4. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts1641
Services1021
Sales and Office1038
Construction and Maintenance:680
Transportation and Material Moving882





Housing

The median home value for the 48723 zip code is 102300. There is an estimated  4964 number of occupied housing units, the median gross rent in is $733 per month, and the average monthly housing costs are estimated to be $698. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,000750
$50,000 – $99,0001144
$100,000 – $149,999872
$150,000 – $199,999537
$200,000 – $299,999448
$300,000 – $499,999105
$500,000 – $999,99938
$1,000,000+11

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 2019108
2000 – 2009454
1980 – 19991229
1960 – 19791454
1940 – 19591003
1939 or earlier716

The median number of rooms in all housing units is 5.8 rooms.
Monthly Rent ($ USD)Number of Units
Less than $500205
$500 – $999661
$1,000 – $1,49995
$1,500 – $1,9999
$2,000 – $2,4990
$2,499 – $2,9990
$3,000 + 0

Monthly Housing Costs ($)Number of Households
Less than 300343
300-4991189
500-7991354
800-999730
1000-1499819
1500-1999290
2000-249960
2500-299974
3000+16

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%1033
20%-24.9%241
25%-29.9%184
30%-34.9%168
35+%358



# of VehiclesHouseholds
None443
11734
21805
3+982
Home Heating Characteristics: 
  • Utility Gas: 49 %
  • Bottle Tank or LP Gas: 29.2 %
  • Electricity: 11.9 %
  • Oil or Kerosene etc: 2 %
  • Coal or Coke: 0 %
  • All Other: 7.4 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.