48731 Zip Code

April 29, 2024

Zip Code:	48731
City/Town:	Elkton
State:	Michigan

Population:	1,683
Per Capita Income:	$18,863
Mean Household Income:	$49,818

Total Housing Units:	696
Median Home Value:	$68,200
Median Year Homes Built:	1954

Land Area:	48.6 sq miles 125.9 sq kilometers
Water Area:	0.1 sq miles 0.2 sq kilometers

Population Information (48731 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

1,683

Male:

832

49.4%

49.2%

Female:

851

50.6%

50.8%

Median Age:

40.1 yrs

37.2 yrs

Under 5 years:

102

6.1%

6.5%

5 to 9 years:

104

7.4%

6.6%

10 to 19 years:

259

15.4%

13.8%

20 to 29 years:

187

11.1%

13.8%

30 to 39 years:

187

11.1%

13.0%

40 to 49 years:

240

14.3%

14.2%

50 to 59 years:

242

14.4%

13.6%

60 to 69 years:

181

10.8%

9.4%

70 to 79 years:

114

6.8%

5.4%

80 years and over:

4.0%

3.7%

Housing Information (48731 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$68,200

$119,600

Median year homes build:

1954

1971

Median real estate taxes:

$742 / yr.

$1,334 / yr.

Median rent:

$308 / mo.

$519 / mo.

Total households:

696

Family households:

484

69.5%

66.4%

Nonfamily households:

212

30.5%

33.6%

Households with individuals under 18 years:

225

32.3%

33.4%

Households with individuals 65 years and over:

196

28.2%

24.9%

Average household size:

2.4

Average family size:

2.9

Total housing units:

774

Occupied housing units:

696

89.9%

88.6%

Vacant housing units:

10.1%

11.4%

For rent:

2.3%

3.1%

Rented, not occupied:

0.0%

0.2%

For sale only:

1.6%

1.4%

Sold, not occupied:

0.1%

0.3%

For seasonal, recreational, or occasional use:

1.9%

3.5%

All other vacants:

4.1%

2.8%

Homeowner vacancy rate:

2.2%

2.4%

Rental vacancy rate:

10.0%

9.2%

Owner-occupied housing units:

534

Population in owner-occupied housing units:

1,286

Average household size of owner-occupied units:

2.4

2.65

Renter-occupied housing units:

162

Population in renter-occupied housing units:

397

Average household size of renter-occupied units:

2.5

2.44

Educational Attainment (48731 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

1,227

Less than 9th grade:

114

9.3%

6.2%

9th to 12th grade, no diploma:

184

15.0%

8.7%

High school graduate (includes equivalency):

524

42.7%

29.0%

Some college, no degree:

220

17.9%

20.6%

Associate degree:

8.0%

7.5%

Bachelor's degree:

5.1%

17.6%

Graduate or professional degree:

2.0%

10.3%

Percent high school graduate or higher:

75.7%

85.0%

Percent bachelor's degree or higher:

7.1%

27.9%

Income Information (48731 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

689

40.9%

50.4%

Median income:

$24,556 / yr.

$27,932 / yr.

Full-time, year-round workers:

361

21.4%

59.7%

Median income:

$33,239 / yr.

$38,349 / yr.

Females 15 years and over with income:

630

37.4%

49.6%

Median income:

$11,828 / yr.

$16,327 / yr.

Full-time, year-round workers:

209

12.4%

40.3%

Median income:

$20,402 / yr.

$28,135 / yr.

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