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
- 17,734
- 7.3% vs. 2020
- Forecasted population 2030
- 21,228
- 28.4% vs. 2020
Zip code 48206 Detroit, MI population is forecasted to grow 7.3% by 2025 (2.6 points above the 4.7% national average).
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Housing and Affordability
With a forecasted population of 17,734 people for 2025 zip code 48206 Detroit, MI will generate a good demand for housing, which is expected to have an excess of -753 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
- 11,728
- Total homes balance inventory
- -753
Average Household Income in zip code 48206 Detroit, MI
from Internal Revenue Service
- Average household income in 2021
- $47,327
Affordability
- Affordability Index
- 2
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 48206 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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