Mio, MI · standard
ZIP Code 48647
Oscoda County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 4,420
- 12/sq mi
- $47,281
- Median income
- $111,800
- Median home value
- 12.9%
- Bachelor's or higher
National ZIP placement
Mio pairs one of the lowest household incomes in the country with among the most affordable home values nationally, in a rural, homeowner-dominated area.
- 11th pct
- household income, US ZIPs
- 14th pct
- home value, US ZIPs
- 12
- people per sq mi
- 86%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 48647 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 48647 (Mio, MI) rose +7.1% from 2023 to 2024. The all-transactions index moved from 164.6 in 2023 to 176.3 in 2024 (2000 = 100).
ZIP code 48647 covers 365.3 square miles in Mio, Oscoda County, Michigan (a standard USPS delivery area), with a modest 4,420 residents on file, a density of 12 people per square mile, in the Detroit time zone.
ZIP 48647 reports a modest median household income of $47,281 (36% below the average Michigan ZIP), while per-capita income is $23,487. Economic pressure is pronounced: 20.3% of residents are below the poverty line and unemployment is 10.8%. Home values sit below the statewide ZIP benchmark: the median is $111,800 (49% below the average Michigan ZIP), and median rent is $656; owner occupancy is 85.7%.
Formal educational attainment runs low here: just 12.9% of adults hold a bachelor's degree or higher, the median age is 44.3, and the average commute is 27 minutes. The page also surfaces 1 ZIP codes within roughly 10 miles and 3 more in Oscoda County, so 48647 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 48647
Top 5 sectors by establishment count in Mio, MI
Which industries have the most business establishments in ZIP 48647.
- Retail trade
Retail trade
17 establishments
- Construction
Construction
15 establishments
- Other services (except public administration)
Other services (except public administration)
13 establishments
- Manufacturing
Manufacturing
11 establishments
- Health care and social assistance
Health care and social assistance
10 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 48647, Mio, 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
4,420
Population
365.3
Area (sq mi)
12
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 48647?
44.3
Median Age
47.4%
Male
52.6%
Female
1.4%
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?
$47,281
Median Household Income
-36% vs state ZIP avg
$23,487
Per Capita Income
20.3%
Poverty Rate
10.8%
Unemployment Rate
27.3 min
Mean Commute Time
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
3,170housing units
3,170
Total Housing Units
1,661
Occupied Units
1,509
Vacant Units
2.40
Avg Household Size
Occupancy Type
$111,800
Median Home Value
-49% vs state ZIP avg
$656
Median Rent
1973
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
+7.1%
YoY Change (2024)
176
HPI Index (2000 = 100)
+76%
Total Change Since 2000
Home values in ZIP 48647 have increased 7.1% over the past year (2024). Since 2000, this ZIP has seen +76% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +7.3% | 108 |
| 2021 | +19.8% | 129 |
| 2022 | +16.7% | 151 |
| 2023 | +9.0% | 165 |
| 2024 | +7.1% | 176 |
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 102 business establishments in ZIP 48647, employing approximately 678 people with a combined annual payroll of $31,330,000.
102
Businesses
678
Employees
$31.3M
Annual Payroll
11
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 17 | 16.7% |
| Construction | 15 | 14.7% |
| Other services (except public administration) | 13 | 12.8% |
| Manufacturing | 11 | 10.8% |
| Health care and social assistance | 10 | 9.8% |
| Accommodation and food services | 8 | 7.8% |
| Professional, scientific, and technical services | 6 | 5.9% |
| Finance and insurance | 5 | 4.9% |
| Real estate and rental and leasing | 4 | 3.9% |
| Information | 3 | 2.9% |
| Administrative and support and waste management and remediation services | 3 | 2.9% |
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 48647 vs 48621 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 48621 | Fairview, MI | 1,359 | 7.0 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 48647, 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 (4,420 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.