Zip Code
48205
City
Detroit, MI
Population & Migration
What is the forecasted population for Zip code 48205 Detroit, MI?
- Population census 2020
- 33,606
- Forecasted population 2025
- 31,350
- -6.7% vs. 2020
- Forecasted population 2030
- 31,335
- -6.8% vs. 2020
Zip code 48205 Detroit, MI population is forecasted to decrease -6.7% by 2025 (-11.4 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 31,350 people for 2025 zip code 48205 Detroit, MI will generate a good demand for housing, which is expected to have an excess of -1,173 houses for 2030. Vacancy rate is 19.6 points above national US average.
- Total homes available 2020
- 19,438
- Estimated total home demand in 2030
- 18,264
- Total homes balance inventory
- -1,173
Average Household Income in zip code 48205 Detroit, MI
from Internal Revenue Service
- Average household income in 2021
- $50,156
Affordability
- Affordability Index
- 1
Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5
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Climate Resiliency
Drinking water violations
How is the quality of drinking water in Zip code 48205 Detroit, MI?
County total number of drinking water violations
159
-21%
200
County total number of drinking water contaminations
11
-48%
21
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