Zip Code

48306

City

Rochester, MI

Population & Migration

What is the forecasted population for Zip code 48306 Rochester, MI?

Population census 2020
27,974
Forecasted population 2025
27,913
-0.2% vs. 2020
Forecasted population 2030
28,041
0.2% vs. 2020

Zip code 48306 Rochester, MI population is forecasted to decrease -0.2% by 2025 (-4.9 points below the 4.7% national average).

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Housing and Affordability

With a forecasted population of 27,913 people for 2025 zip code 48306 Rochester, MI will generate a good demand for housing, which is expected to have a deficit of 23 houses for 2030. Vacancy rate is 4.8 points below national US average.

Total homes available 2020
9,975
Estimated total home demand in 2030
9,998
Total homes balance inventory
23

Average Household Income in zip code 48306 Rochester, MI
from Internal Revenue Service

Average household income in 2021
$191,926

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 48306 Rochester, MI?

County total number of drinking water violations

1088

+369%

232

County total number of drinking water contaminations

74

+236%

22

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