Zip Code

48206

City

Detroit, MI

Population & Migration

What is the forecasted population for Zip code 48206 Detroit, MI?

Population census 2020
16,535
Forecasted population 2025
17,531
6% vs. 2020
Forecasted population 2030
21,029
27.2% vs. 2020

Zip code 48206 Detroit, MI population is forecasted to grow 6% by 2025 (1.3 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 17,531 people for 2025 zip code 48206 Detroit, MI will generate a good demand for housing, which is expected to have a deficit of 3,392 houses for 2030. Vacancy rate is 34.4 points above national US average.

Total homes available 2020
12,482
Estimated total home demand in 2030
15,874
Total homes balance inventory
3,392

Average Household Income in zip code 48206 Detroit, MI
from Internal Revenue Service

Average household income in 2021
$47,327

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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Drinking water violations

How is the quality of drinking water in Zip code 48206 Detroit, MI?

County total number of drinking water violations

169

-25%

226

County total number of drinking water contaminations

12

-48%

23

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