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About Zip Code 48864
The zip code 48864 is in the state of Michigan. The 48864 region has a total area of about 21.56 square miles, which is partially less than the other nearby zip codes and the domestic value. This zip’s population density is also lower than the national average, with only 934 people living per square mile in this part of Michigan. The average family size in the zip code 48864 is two people, and 69% of families don’t have children. The median age of residents in this area is 39, indicating that the proportion of single adults is slightly higher than in other zip codes. Surrounding neighborhoods include 48854 Mason, 48895 Williamston, and 48910 Lansing.
Real Estate Market of 48864.
The greater proportion of homes in this area of town has been purchased or secured by a mortgage. Among the 8777 housing units, 8217 are usually occupied by residents. One of the most widely used types of rental in the area is a two-bedroom house that can also cost between $700 and $1,000 per month depending on the region. This zip code’s median home value is $197,000. In this part of Michigan, the unemployment rate is 2.5%, which is slightly lower than the state rate and lower than the current national rate of 3.7%. A large number of the homes in this area of Michigan were founded in the 1980s and 1990s.