Hope, MI · standard
ZIP Code 48628
Midland County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 1,938
- 23/sq mi
- $93,854
- Median income
- $215,600
- Median home value
- 32.8%
- Bachelor's or higher
The verdict
Hope pairs an upper-quartile household income with below-median home values, in a rural, homeowner-dominated area.
- Top 23%
- household income, US ZIPs
- 48th pct
- home value, US ZIPs
- 23
- people per sq mi
- 92%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 48628 against every reporting US ZIP.
ZIP code 48628 covers 85.8 square miles in Hope, Midland County, Michigan (a standard USPS delivery area), with a modest 1,938 residents on file, a density of 23 people per square mile, in the Detroit time zone.
ZIP 48628 lands in the middle-income range, with a median household income of $93,854 (28% above the Michigan average), while per-capita income is $43,442. The poverty rate stands at 6.1% and the unemployment rate at 3.3%. The typical home here is valued at $215,600 (2% below the state average); renters pay a median of $1,500 monthly, and 92.4% of units are owner-occupied.
A solid share of residents have a four-year degree: 32.8% of adults hold a bachelor's degree or higher, the median age is 47.3, and the average commute is 29 minutes. Beyond these figures, 4 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Midland County, letting you compare 48628 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 48628
Top 5 sectors by establishment count in Hope, MI
Which industries have the most business establishments in ZIP 48628.
- Construction
Construction
7 establishments
- Manufacturing
Manufacturing
3 establishments
- Retail trade
Retail trade
3 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 48628, Hope, 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
1,938
Population
85.8
Area (sq mi)
23
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 48628?
47.3
Median Age
56.3%
Male
43.7%
Female
2.8%
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?
$93,854
Median Household Income
+28% vs state
$43,442
Per Capita Income
6.1%
Poverty Rate
3.3%
Unemployment Rate
28.8 min
Mean Commute Time
How ZIP 48628 ranks nationally
Hope, MI household income vs. every US ZIP code
Median household income, the full national distribution, with this ZIP marked
$93,854 Top 23% higher than 77% 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?
1,056
Total Housing Units
837
Occupied Units
219
Vacant Units
2.48
Avg Household Size
Occupancy Type
$215,600
Median Home Value
-2% vs state
$1,500
Median Rent
1983
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
+4.0%
YoY Change (2023)
164
HPI Index (2000 = 100)
+64%
Total Change Since 2000
Home values in ZIP 48628 have increased 4.0% over the past year (2023). Since 2000, this ZIP has seen +64% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2019 | +14.9% | 137 |
| 2020 | -4.2% | 131 |
| 2021 | -2.4% | 128 |
| 2022 | +23.3% | 158 |
| 2023 | +4.0% | 164 |
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 2023. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 21 business establishments in ZIP 48628, employing approximately 173 people with a combined annual payroll of $7,679,000.
21
Businesses
173
Employees
$7.7M
Annual Payroll
3
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 7 | 33.3% |
| Manufacturing | 3 | 14.3% |
| Retail trade | 3 | 14.3% |
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 48628 vs 48657 →
ZIP 48628 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48642
Midland (48642)
32,277 residents
- 48612 9,259
Beaverton (48612)
9,259 residents
- 48657 7,981
Sanford (48657)
7,981 residents
- 48628 1,938
Hope (48628)
1,938 residents
- 48652 1,548
Rhodes (48652)
1,548 residents
What this shows Among its immediate neighbors, ZIP 48628 ranks #4 by population - useful context the national average alone can't give.
ZIP 48628 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48628
Hope (48628)
$93,854 median income
- 48642
Midland (48642)
$77,847 median income
- 48657
Sanford (48657)
$72,500 median income
- 48652
Rhodes (48652)
$69,766 median income
- 48612
Beaverton (48612)
$55,761 median income
What this shows By household income, ZIP 48628 ranks the highest of 5 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
More ZIP Codes in Midland County
Related Areas
Frequently Asked Questions
What county is ZIP code 48628 in? ▼
What is the population of ZIP code 48628? ▼
What is the median household income in ZIP 48628? ▼
What is the average home value in ZIP 48628? ▼
What is the demographic makeup of ZIP 48628? ▼
How many businesses are in ZIP code 48628? ▼
What are the main industries in ZIP code 48628? ▼
How have home values changed in ZIP code 48628? ▼
What is the education level in ZIP code 48628? ▼
What is the average commute time in ZIP 48628? ▼
What percentage of residents own vs. rent in ZIP 48628? ▼
What is the poverty rate in ZIP code 48628? ▼
Read our methodology to see how this data is sourced, computed, and verified.