Saginaw, MI · standard
ZIP Code 48602
Saginaw County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 30,119
- 1,485/sq mi High-density area
- $46,984
- Median income Below-median income area
- $73,600
- Median home value Below-median home value
- 16.5%
- Bachelor's or higher Below-average bachelor's attainment
National ZIP placement
Saginaw pairs one of the lowest household incomes in the country with among the most affordable home values nationally, in a low-density, homeowner-dominated area.
- 11th pct
- household income, US ZIPs
- 3rd pct
- home value, US ZIPs
- 1,485
- people per sq mi
- 64%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 48602 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 48602 (Saginaw, MI) rose +13.4% from 2023 to 2024. The all-transactions index moved from 133.9 in 2023 to 151.9 in 2024 (2000 = 100).
ZIP code 48602 is a densely settled ZIP (a standard USPS delivery area) in Saginaw, Saginaw County, Michigan, with 30,119 residents across 20.3 square miles, a density of 1,485 people per square mile, in the Detroit time zone.
ZIP 48602 reports a modest median household income of $46,984 (36% below the average Michigan ZIP), while per-capita income is $23,838. The poverty rate is 28.8%, so the area-level income figures should not be treated as typical household experience. Home values sit below the statewide ZIP benchmark: the median is $73,600 (66% below the average Michigan ZIP), and median rent is $933; owner occupancy is 64.2%.
Educational attainment sits below the national norm: 16.5% of adults hold a bachelor's degree or higher, the median age is 36.1, and the average commute is 20 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Saginaw County, so 48602 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 48602
Top 5 sectors by establishment count in Saginaw, MI
Which industries have the most business establishments in ZIP 48602.
- Health care and social assistance
Health care and social assistance
94 establishments
- Retail trade
Retail trade
65 establishments
- Other services (except public administration)
Other services (except public administration)
59 establishments
- Accommodation and food services
Accommodation and food services
52 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
40 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 48602, Saginaw, MI · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
30,119
Population
20.3
Area (sq mi)
1,485
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 48602?
36.1
Median Age
49.5%
Male
50.5%
Female
1.7%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$46,984
Median Household Income
-36% vs state ZIP avg
$23,838
Per Capita Income
28.8%
Poverty Rate
9.6%
Unemployment Rate
19.8 min
Mean Commute Time
How ZIP 48602 ranks nationally
Saginaw, MI household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$46,984 11th percentile higher than 11% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
12,301housing units
12,301
Total Housing Units
10,827
Occupied Units
1,474
Vacant Units
2.43
Avg Household Size
Occupancy Type
$73,600
Median Home Value
-66% vs state ZIP avg
$933
Median Rent
1946
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+13.4%
YoY Change (2024)
152
HPI Index (2000 = 100)
+52%
Total Change Since 2000
Home values in ZIP 48602 have increased 13.4% over the past year (2024). Since 2000, this ZIP has seen +52% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +7.2% | 90 |
| 2021 | +18.6% | 107 |
| 2022 | +6.3% | 113 |
| 2023 | +18.2% | 134 |
| 2024 | +13.4% | 152 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 419 business establishments in ZIP 48602, employing approximately 13,542 people with a combined annual payroll of $898,744,000.
419
Businesses
13,542
Employees
$898.7M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 94 | 22.4% |
| Retail trade | 65 | 15.5% |
| Other services (except public administration) | 59 | 14.1% |
| Accommodation and food services | 52 | 12.4% |
| Professional, scientific, and technical services | 40 | 9.6% |
| Manufacturing | 18 | 4.3% |
| Administrative and support and waste management and remediation services | 18 | 4.3% |
| Construction | 17 | 4.1% |
| Finance and insurance | 17 | 4.1% |
| Wholesale trade | 9 | 2.1% |
| Information | 9 | 2.1% |
| Real estate and rental and leasing | 9 | 2.1% |
| Transportation and warehousing | 3 | 0.7% |
| Management of companies and enterprises | 3 | 0.7% |
| Arts, entertainment, and recreation | 3 | 0.7% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 48602 vs 48638 →
ZIP 48602 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48601
Saginaw (48601)
38,406 residents
- 48602
Saginaw (48602)
30,119 residents
- 48708
Bay City (48708)
27,262 residents
- 48603
Saginaw (48603)
26,913 residents
- 48604 13,074
Saginaw (48604)
13,074 residents
- 48638 12,922
Saginaw (48638)
12,922 residents
- 48609 12,461
Saginaw (48609)
12,461 residents
- 48722 3,123
Bridgeport (48722)
3,123 residents
- 48607 1,774
Saginaw (48607)
1,774 residents
What this shows Among its immediate neighbors, ZIP 48602 ranks #2 by population - useful context the national average alone can't give.
ZIP 48602 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48609
Saginaw (48609)
$78,218 median income
- 48638
Saginaw (48638)
$69,459 median income
- 48722
Bridgeport (48722)
$66,473 median income
- 48603
Saginaw (48603)
$66,352 median income
- 48604
Saginaw (48604)
$53,042 median income
- 48708
Bay City (48708)
$50,518 median income
- 48602
Saginaw (48602)
$46,984 median income
- 48601
Saginaw (48601)
$38,900 median income
- 48607
Saginaw (48607)
$37,973 median income
What this shows By household income, ZIP 48602 ranks #7 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 48638 | Saginaw, MI | 12,922 | 2.3 mi |
| 48607 | Saginaw, MI | 1,774 | 2.2 mi |
| 48604 | Saginaw, MI | 13,074 | 5.2 mi |
| 48724 | Carrollton, MI | 359 | 3.8 mi |
| 48601 | Saginaw, MI | 38,406 | 4.2 mi |
| 48603 | Saginaw, MI | 26,913 | 4.1 mi |
| 48609 | Saginaw, MI | 12,461 | 6.1 mi |
| 48710 | University Center, MI | 0 | 9.5 mi |
| 48722 | Bridgeport, MI | 3,123 | 8.3 mi |
| 48708 | Bay City, MI | 27,262 | 11.8 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 48602, both outside MI so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (30,119 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Saginaw County
Related Areas
Frequently Asked Questions
What county is ZIP code 48602 in?
ZIP code 48602 (Saginaw) is located in Saginaw County, Michigan. Saginaw County contains multiple ZIP codes, see the full list at /counties/saginaw-mi.
What is the population of ZIP code 48602?
ZIP code 48602 in Saginaw, MI has a population of 30,119 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 48602?
The median household income in ZIP 48602 is $46,984, which is 38% below the national average of $76,288.
What is the average home value in ZIP 48602?
The median home value in ZIP 48602 is $73,600, which is 74% below the national average of $278,155.
What is the demographic makeup of ZIP 48602?
The largest racial group in ZIP 48602 is White at 53.7%. Hispanic or Latino residents make up 17.9% of the population.
How many businesses are in ZIP code 48602?
ZIP code 48602 has 419 business establishments employing approximately 13,542 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 48602?
The top industries by establishment count in ZIP 48602 are: Health care and social assistance (94), Retail trade (65), Other services (except public administration) (59). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 48602?
According to the FHFA House Price Index, home values in ZIP 48602 increased by 13.4% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 52%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 48602?
In ZIP code 48602, 49.7% of residents aged 25+ have a high school diploma or higher, and 16.5% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 48602?
The mean commute time for workers in ZIP code 48602 is 19.8 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 48602?
In ZIP code 48602, approximately 64.2% of occupied housing units are owner-occupied and 35.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 48602?
The poverty rate in ZIP code 48602 is 28.8% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 48602's numbers, next.
- See how ZIP 48602 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Saginaw, MI ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.