PlainZIP

Freeland, MI · standard

ZIP Code 48623

Saginaw County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

13,993
73/sq mi
$101,250
Median income
$257,700
Median home value
36.3%
Bachelor's or higher

The verdict

Freeland pairs an upper-quartile household income with above-median home values, in a rural, homeowner-dominated area.

Top 18%
household income, US ZIPs
Top 41%
home value, US ZIPs
73
people per sq mi
90%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 48623 against every reporting US ZIP.

ZIP code 48623 is a mid-sized community (a standard USPS delivery area) in Freeland, Saginaw County, Michigan, home to 13,993 residents across 190.6 square miles, a density of 73 people per square mile, in the Detroit time zone.

ZIP 48623 lands in the middle-income range, with a median household income of $101,250 (38% above the Michigan average), while per-capita income is $44,097. Poverty here runs at 5.5%, with unemployment measured at 4.0%. The typical home here is valued at $257,700 (17% above the state average); renters pay a median of $1,229 monthly, and 89.8% of units are owner-occupied.

A solid share of residents have a four-year degree: 36.3% of adults hold a bachelor's degree or higher, the median age is 41.7, and the average commute is 22 minutes. Beyond these figures, 7 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Saginaw County, letting you compare 48623 to its immediate surroundings rather than a national baseline alone.

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 48623

Top 5 sectors by establishment count in Freeland, MI

Which industries have the most business establishments in ZIP 48623.

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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 48623, Freeland, 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

13,993

Population

190.6

Area (sq mi)

73

People / sq mi

Detroit

Time Zone

standard

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 48623?

41.7

Median Age

55.0%

Male

45.0%

Female

0.7%

Foreign-Born

White 86.8%
African American 5.0%
Asian 0.4%
American Indian or Alaska Native 0.7%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 6.6%
Hispanic or Latino 3.3%

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?

$101,250

Median Household Income

+38% vs state

$44,097

Per Capita Income

5.5%

Poverty Rate

4.0%

Unemployment Rate

21.8 min

Mean Commute Time

How ZIP 48623 ranks nationally

Freeland, MI household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$101,250 Top 18% higher than 82% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). This entry sits in this band. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

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?

High School Graduate or Higher 61.3%
Bachelor's Degree or Higher 36.3%

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

What does housing look like?

5,547

Total Housing Units

5,234

Occupied Units

313

Vacant Units

2.58

Avg Household Size

Occupancy Type

Owner 89.8%
Renter 10.2%

$257,700

Median Home Value

+17% vs state

$1,229

Median Rent

1991

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

+0.6%

YoY Change (2024)

172

HPI Index (2000 = 100)

+72%

Total Change Since 2000

Home values in ZIP 48623 have increased 0.6% over the past year (2024). Since 2000, this ZIP has seen +72% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.9% 120
2021 +11.6% 134
2022 +13.2% 152
2023 +12.9% 171
2024 +0.6% 172

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 274 business establishments in ZIP 48623, employing approximately 2,399 people with a combined annual payroll of $113,492,000.

274

Businesses

2,399

Employees

$113.5M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Construction 47 17.1%
Other services (except public administration) 30 10.9%
Health care and social assistance 29 10.6%
Retail trade 25 9.1%
Professional, scientific, and technical services 25 9.1%
Transportation and warehousing 19 6.9%
Accommodation and food services 18 6.6%
Real estate and rental and leasing 17 6.2%
Finance and insurance 16 5.8%
Administrative and support and waste management and remediation services 14 5.1%
Wholesale trade 10 3.6%
Manufacturing 6 2.2%
Educational services 6 2.2%
Arts, entertainment, and recreation 5 1.8%
Information 3 1.1%

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 48623 vs 48611 →

ZIP 48623 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 48623 ranks #2 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 48623 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 48623 ranks the highest of 6 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
48611 Auburn, MI 6,554 8.0 mi
48603 Saginaw, MI 26,913 6.6 mi
48609 Saginaw, MI 12,461 9.5 mi
48667 Midland, MI 0 7.5 mi
48710 University Center, MI 0 7.8 mi
48626 Hemlock, MI 6,078 8.1 mi
48638 Saginaw, MI 12,922 9.2 mi

More ZIP Codes in Saginaw County

48601 standard
Saginaw, MI
Pop: 38,406
48602 standard
Saginaw, MI
Pop: 30,119
48603 standard
Saginaw, MI
Pop: 26,913
48604 standard
Saginaw, MI
Pop: 13,074
48638 standard
Saginaw, MI
Pop: 12,922
48609 standard
Saginaw, MI
Pop: 12,461

Related Areas

Saginaw County Freeland, MI Michigan

Frequently Asked Questions

What county is ZIP code 48623 in? ▼
ZIP code 48623 (Freeland) 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 48623? ▼
ZIP code 48623 in Freeland, MI has a population of 13,993 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 48623? ▼
The median household income in ZIP 48623 is $101,250, which is 33% above the national average of $76,288.
What is the average home value in ZIP 48623? ▼
The median home value in ZIP 48623 is $257,700, which is 7% below the national average of $278,155.
What is the demographic makeup of ZIP 48623? ▼
The largest racial group in ZIP 48623 is White at 86.8%. Hispanic or Latino residents make up 3.3% of the population.
How many businesses are in ZIP code 48623? ▼
ZIP code 48623 has 274 business establishments employing approximately 2,399 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 48623? ▼
The top industries by establishment count in ZIP 48623 are: Construction (47), Other services (except public administration) (30), Health care and social assistance (29). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 48623? ▼
According to the FHFA House Price Index, home values in ZIP 48623 increased by 0.6% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 72%. 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 48623? ▼
In ZIP code 48623, 61.3% of residents aged 25+ have a high school diploma or higher, and 36.3% 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 48623? ▼
The mean commute time for workers in ZIP code 48623 is 21.8 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 48623? ▼
In ZIP code 48623, approximately 89.8% of occupied housing units are owner-occupied and 10.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 48623? ▼
The poverty rate in ZIP code 48623 is 5.5% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.