| ZIP Code | 48807 |
|---|---|
| City | Bannister |
| State | Michigan (MI) |
| County | Gratiot County |
| Area Code | 989 |
| Elevation | 659 ft |
| Latitude | 43.150476 |
|---|---|
| Longitude | -84.402006 |
| Timezone | Detroit (DST) |
| FIPS | 26057 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 50.1 yrs ↑ 13% since 2019 |
|---|---|
| Avg Household Size | 2.39 |
| Below Poverty | 12.0% ▲ 20% above avg |
| College Grads | 31.4% ▼ 19% below avg |
| Unemployment | 3.0% ▼ 38% below avg |
| No HS Diploma | 8 (1.6%) |
| HS Graduate | 224 (43.4%) |
| Some College | 54 (10.5%) |
| Associates | 68 (13.2%) |
| Bachelors | 66 (12.8%) |
| Graduate Degree | 96 (18.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $59,468 ▼ 22% below avg ↑ 13% since 2019 |
|---|---|
| Median Home Value | $103,500 ▼ 63% below avg ↑ 16% since 2019 |
| Home/Income Ratio | 1.7x (nat avg ~3.5x) |
| Median Rent | $832/mo ↑ 14% since 2019 |
| Total Units | 334 |
| Vacant Units | 38 |
| Avg HH Size | 2.39 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 334 |
|---|---|
| Vacant | 38 |
| Owner Occupied | 87.5% |
| Renter Occupied | 12.5% |
| Avg HH Size | 2.39 |
ZIP code 48807 is located in Bannister, Michigan, within Gratiot County. With a population of 706, this is a sparsely populated ZIP code with a mature community — the median age is 50.1 years. Economically, 48807 is a solidly middle-class ZIP code: the median household income of $59,468 is below the national average.
Real estate in ZIP code 48807 represents one of the more affordable housing markets in the country. The median home value of $103,500 is well below the national average. Renters can expect to pay around $832 per month in median rent. Homeownership is strong here — 87.5% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 16% since 2019.
The population of 48807 is primarily White (96.74%). Residents are moderately educated — 31.4% hold a bachelor's degree or higher, which is below the national average. Poverty affects some residents at 12.0%. Household income has grown by 13% since 2019.
The unemployment rate in 48807 stands at 3.0%, which is below the national average. About 18% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 72%.
Overall, ZIP code 48807 in Bannister, MI is characterized as solidly middle-class, moderately educated, a mature community, and predominantly owner-occupied. With 706 residents, a median household income of $59,468, and a median home value of $103,500, it offers a clear picture of life in this part of Michigan.