Zip Code
48207
City
Detroit, MI
Population & Migration
What is the forecasted population for Zip code 48207 Detroit, MI?
- Population census 2020
- 21,282
- Forecasted population 2025
- 20,597
- -3.2% vs. 2020
- Forecasted population 2030
- 20,366
- -4.3% vs. 2020
Zip code 48207 Detroit, MI population is forecasted to decrease -3.2% by 2025 (-7.9 points below the 4.7% national average).
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Housing and Affordability
With a forecasted population of 20,597 people for 2025 zip code 48207 Detroit, MI will generate a good demand for housing, which is expected to have an excess of -600 houses for 2030. Vacancy rate is 4.2 points above national US average.
- Total homes available 2020
- 13,967
- Estimated total home demand in 2030
- 13,366
- Total homes balance inventory
- -600
Average Household Income in zip code 48207 Detroit, MI
from Internal Revenue Service
- Average household income in 2021
- $57,437
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 48207 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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