Zip Code

48867

City

Owosso, MI

Population & Migration

What is the forecasted population for Zip code 48867 Owosso, MI?

Population census 2020
27,004
Forecasted population 2025
27,628
2.3% vs. 2020
Forecasted population 2030
28,018
3.8% vs. 2020

Zip code 48867 Owosso, MI population is forecasted to decrease 2.3% by 2025 (-2.4 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 27,628 people for 2025 zip code 48867 Owosso, MI will generate a good demand for housing, which is expected to have a deficit of 474 houses for 2030. Vacancy rate is 0.8 points above national US average.

Total homes available 2020
12,622
Estimated total home demand in 2030
13,096
Total homes balance inventory
474

Average Household Income in zip code 48867 Owosso, MI
from Internal Revenue Service

Average household income in 2021
$68,769

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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Drinking water violations

How is the quality of drinking water in Zip code 48867 Owosso, MI?

County total number of drinking water violations

192

-17%

232

County total number of drinking water contaminations

14

-36%

22

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