| ZIP Code | 48632 |
|---|---|
| City | Lake |
| State | Michigan (MI) |
| County | Clare County |
| Area Code | 989 |
| Elevation | 1,093 ft |
| Latitude | 43.850411 |
|---|---|
| Longitude | -85.022782 |
| Timezone | Detroit (DST) |
| FIPS | 26035 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 49.4 yrs |
|---|---|
| Avg Household Size | 2.49 |
| Below Poverty | 18.1% ▲ 81% above avg |
| College Grads | 25.9% ▼ 33% below avg |
| Unemployment | 7.3% ▲ 49% above avg |
| No HS Diploma | 63 (1.8%) |
| HS Graduate | 1,380 (39.6%) |
| Some College | 628 (18%) |
| Associates | 511 (14.7%) |
| Bachelors | 384 (11%) |
| Graduate Degree | 517 (14.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $51,740 ▼ 32% below avg ↑ 45% since 2019 |
|---|---|
| Median Home Value | $130,300 ▼ 53% below avg ↑ 38% since 2019 |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Median Rent | $846/mo ↑ 5% since 2019 |
| Total Units | 4,389 |
| Vacant Units | 2,380 |
| Avg HH Size | 2.49 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 4,389 |
|---|---|
| Vacant | 2,380 |
| Owner Occupied | 92.9% |
| Renter Occupied | 7.1% |
| Avg HH Size | 2.49 |
ZIP code 48632 is located in Lake, Michigan, within Clare County. With a population of 4,995, this is a lightly populated ZIP code with a mature community — the median age is 49.4 years. Economically, 48632 is a working-class ZIP code: the median household income of $51,740 is below the national average.
Real estate in ZIP code 48632 represents one of the more affordable housing markets in the country. The median home value of $130,300 is well below the national average. Renters can expect to pay around $846 per month in median rent. Homeownership is strong here — 92.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 38% since 2019.
The population of 48632 is primarily White (91.07%). Residents are moderately educated — 25.9% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 18.1%. Household income has grown by 45% since 2019.
The unemployment rate in 48632 stands at 7.3%, which is above the national average. As in most parts of the country, driving alone is the dominant commute mode at 87%.
Overall, ZIP code 48632 in Lake, MI is characterized as working-class, moderately educated, a mature community, and predominantly owner-occupied. With 4,995 residents, a median household income of $51,740, and a median home value of $130,300, it offers a clear picture of life in this part of Michigan.