ZIP Code 48628

standard

Source:

Hope · Midland County · Michigan

Population
1,938

23/sq mi

Median income
$93,854

▲ 23% vs US

higher than 77% of US ZIPs

Median home value
$215,600

▼ 22% vs US

higher than 48% of US ZIPs

Bachelor's or higher
32.8%

Median age 47.3

Land area
85.8 sq mi

Detroit

ZIP code 48628 in Hope, Michigan has a population of 1,938. The median household income is $93,854, which is 23% above the national average. Median home value is $215,600, 22% below the US average. 32.8% of residents hold a bachelor's degree or higher.

ZIP code 48628 is classified by USPS as a standard delivery area and covers roughly 85.8 square miles in Hope, Midland County, Michigan. The area is home to 1,938 residents, producing a population density of 23 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 48628 against Michigan and the nation.

On the economic side, the median household income for ZIP 48628 sits at $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%. On housing, the median home value is $215,600 (2% below the state average) with median rent at $1,500 per month, and 92.4% of occupied units are owner-occupied, a direct signal of whether 48628 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 32.8% of adults hold a bachelor's degree or higher, the median age is 47.3, and the average commute is 29 minutes. We also surface 4 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Midland County, so you can benchmark 48628 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 48628

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 48628.

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 48628, Hope, 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

1,938

Population

85.8

Area (sq mi)

23

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 48628?

47.3

Median Age

56.3%

Male

43.7%

Female

2.8%

Foreign-Born

White 87.4%
African American 1.0%
Asian 1.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.4%
Two or More Ethnicities 9.8%
Hispanic or Latino 1.4%

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

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

What is the education profile here?

High School Graduate or Higher 63.4%
Bachelor's Degree or Higher 32.8%

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

Owner 92.4%
Renter 7.6%

$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)

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 Code City Population Distance
48657 Sanford, MI 7,981 6.8 mi
48642 Midland, MI 32,277 7.3 mi
48652 Rhodes, MI 1,548 7.9 mi
48612 Beaverton, MI 9,259 8.5 mi

More ZIP Codes in Midland County

Frequently Asked Questions

What county is ZIP code 48628 in?
ZIP code 48628 (Hope) is located in Midland County, Michigan. Midland County contains multiple ZIP codes, see the full list at /counties/midland-mi.
What is the population of ZIP code 48628?
ZIP code 48628 in Hope, MI has a population of 1,938 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 48628?
The median household income in ZIP 48628 is $93,854, which is 23% above the national average of $76,288.
What is the average home value in ZIP 48628?
The median home value in ZIP 48628 is $215,600, which is 22% below the national average of $278,155.
What is the demographic makeup of ZIP 48628?
The largest racial group in ZIP 48628 is White at 87.4%. Hispanic or Latino residents make up 1.4% of the population.
How many businesses are in ZIP code 48628?
ZIP code 48628 has 21 business establishments employing approximately 173 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 48628?
The top industries by establishment count in ZIP 48628 are: Construction (7), Manufacturing (3), Retail trade (3). There are 3 industry sectors represented in total.
How have home values changed in ZIP code 48628?
According to the FHFA House Price Index, home values in ZIP 48628 increased by 4.0% in 2023. Since 2000, home values in this ZIP have appreciated by approximately 64%. 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 48628?
In ZIP code 48628, 63.4% of residents aged 25+ have a high school diploma or higher, and 32.8% 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 48628?
The mean commute time for workers in ZIP code 48628 is 28.8 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 48628?
In ZIP code 48628, approximately 92.4% of occupied housing units are owner-occupied and 7.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 48628?
The poverty rate in ZIP code 48628 is 6.1% 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 Hope, 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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