| ZIP Code | 48623 |
|---|---|
| City | Freeland |
| State | Michigan (MI) |
| County | Saginaw County |
| Area Code | 989 |
| Elevation | 619 ft |
| Latitude | 43.519318 |
|---|---|
| Longitude | -84.133945 |
| Timezone | Detroit (DST) |
| FIPS | 26145 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.5 yrs |
|---|---|
| Avg Household Size | 2.57 |
| Below Poverty | 5.2% ▼ 48% below avg |
| College Grads | 48.3% ▲ 25% above avg |
| Unemployment | 3.7% ▼ 25% below avg |
| No HS Diploma | 62 (0.6%) |
| HS Graduate | 2,375 (22.7%) |
| Some College | 1,665 (15.9%) |
| Associates | 1,309 (12.5%) |
| Bachelors | 1,641 (15.7%) |
| Graduate Degree | 3,418 (32.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $96,371 ▲ 26% above avg ↑ 18% since 2019 |
|---|---|
| Median Home Value | $230,300 ▼ 17% below avg ↑ 39% since 2019 |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Median Rent | $1,176/mo ↑ 15% since 2019 |
| Total Units | 5,495 |
| Vacant Units | 270 |
| Avg HH Size | 2.57 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 5,495 |
|---|---|
| Vacant | 270 |
| Owner Occupied | 88.3% |
| Renter Occupied | 11.7% |
| Avg HH Size | 2.57 |
ZIP code 48623 is located in Freeland, Michigan, within Saginaw County. With a population of 15,126, this is a moderately populated ZIP code with a middle-aged community — the median age is 41.5 years. Economically, 48623 is a middle-income ZIP code: the median household income of $96,371 is above the national average.
Real estate in ZIP code 48623 represents an affordable housing market. The median home value of $230,300 is below the national average. Renters can expect to pay around $1,176 per month in median rent. Homeownership is strong here — 88.3% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 39% since 2019.
The population of 48623 is primarily White (86.48%). Residents are well-educated — 48.3% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 5.2%. Household income has grown by 18% since 2019.
The unemployment rate in 48623 stands at 3.7%, which is below the national average. About 12% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 79%.
Overall, ZIP code 48623 in Freeland, MI is characterized as middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 15,126 residents, a median household income of $96,371, and a median home value of $230,300, it offers a clear picture of life in this part of Michigan.