ZIP Code 48602

standard

Source:

Saginaw · Saginaw County · Michigan

Population
30,119

1,485/sq mi

Median income
$46,984

▼ 38% vs US

higher than 11% of US ZIPs

Median home value
$73,600

▼ 74% vs US

higher than 3% of US ZIPs

Bachelor's or higher
16.5%

Median age 36.1

Land area
20.3 sq mi

Detroit

ZIP code 48602 in Saginaw, Michigan has a population of 30,119. The median household income is $46,984, which is 38% below the national average. Median home value is $73,600, 74% below the US average. 16.5% of residents hold a bachelor's degree or higher.

ZIP code 48602 is classified by USPS as a standard delivery area and covers roughly 20.3 square miles in Saginaw, Saginaw County, Michigan. The area is home to 30,119 residents, producing a population density of 1,485 people per square mile, and falls within the Detroit time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 48602 against Michigan and the nation.

On the economic side, the median household income for ZIP 48602 sits at $46,984 (36% below the Michigan average), while per-capita income is $23,838. The poverty rate stands at 28.8% and the unemployment rate at 9.6%. On housing, the median home value is $73,600 (66% below the state average) with median rent at $933 per month, and 64.2% of occupied units are owner-occupied, a direct signal of whether 48602 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 16.5% of adults hold a bachelor's degree or higher, the median age is 36.1, and the average commute is 20 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Saginaw County, so you can benchmark 48602 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 48602

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 48602.

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 · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

30,119

Population

20.3

Area (sq mi)

1,485

People / sq mi

Detroit

Time Zone

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ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 48602?

36.1

Median Age

49.5%

Male

50.5%

Female

1.7%

Foreign-Born

White 53.7%
African American 26.9%
Asian 0.2%
American Indian or Alaska Native 0.3%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 14.0%
Hispanic or Latino 17.9%

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

$23,838

Per Capita Income

28.8%

Poverty Rate

9.6%

Unemployment Rate

19.8 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 49.7%
Bachelor's Degree or Higher 16.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

12,301

Total Housing Units

10,827

Occupied Units

1,474

Vacant Units

2.43

Avg Household Size

Occupancy Type

Owner 64.2%
Renter 35.8%

$73,600

Median Home Value

-66% vs state

$933

Median Rent

1946

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

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 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

More ZIP Codes in Saginaw County

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.

ZIP Code Research Guides

Official Data Resources for Saginaw, MI

Verify and explore additional data for this area using these official government sources.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.

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