Oakley, MI · standard
ZIP Code 48649
Saginaw County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 1,576
- 24/sq mi Moderate-density area
- $72,609
- Median income Near-median income area
- $164,200
- Median home value Below-median home value
- 15.5%
- Bachelor's or higher Below-average bachelor's attainment
National ZIP placement
Oakley pairs an above-median household income with below-median home values, in a rural, homeowner-dominated area.
- Top 49%
- household income, US ZIPs
- 32nd pct
- home value, US ZIPs
- 24
- people per sq mi
- 89%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 48649 against every reporting US ZIP.
ZIP code 48649 covers 67.1 square miles in Oakley, Saginaw County, Michigan (a standard USPS delivery area), with a modest 1,576 residents on file, a density of 24 people per square mile, in the Detroit time zone.
ZIP 48649 lands in the middle-income range, with a median household income of $72,609 (1% below the average Michigan ZIP), while per-capita income is $38,443. The poverty rate is 7.4%, with unemployment at 5.3%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $164,200 (25% below the average Michigan ZIP), and median rent is $799; owner occupancy is 88.9%.
Educational attainment sits below the national norm: 15.5% of adults hold a bachelor's degree or higher, the median age is 51.3, and the average commute is 35 minutes. The page also surfaces 4 ZIP codes within roughly 10 miles and 6 more in Saginaw County, so 48649 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 →
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 48649, Oakley, 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
1,576
Population
67.1
Area (sq mi)
24
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 48649?
51.3
Median Age
49.7%
Male
50.3%
Female
0.5%
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?
$72,609
Median Household Income
-1% vs state ZIP avg
$38,443
Per Capita Income
7.4%
Poverty Rate
5.3%
Unemployment Rate
35.3 min
Mean Commute Time
How ZIP 48649 ranks among Michigan ZIPs
Oakley, MI household income vs. every Michigan ZIP code
Median household income among 962 reporting Michigan ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$72,609 Top 43% higher than 57% of 962 Michigan ZIPs
Each bar is a $20K-wide band; taller bars hold more Michigan 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?
Housing stock: occupied vs vacant
703housing units
703
Total Housing Units
682
Occupied Units
21
Vacant Units
2.49
Avg Household Size
Occupancy Type
$164,200
Median Home Value
-25% vs state ZIP avg
$799
Median Rent
1977
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
-23.2%
YoY Change (2023)
164
HPI Index (2000 = 100)
+64%
Total Change Since 2000
Home values in ZIP 48649 have decreased 23.2% over the past year (2023). Since 2000, this ZIP has seen +64% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2019 | -0.0% | 117 |
| 2020 | +11.2% | 130 |
| 2021 | +13.7% | 148 |
| 2022 | +44.6% | 214 |
| 2023 | -23.2% | 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 18 business establishments in ZIP 48649, employing approximately 118 people with a combined annual payroll of $6,099,000.
18
Businesses
118
Employees
$6.1M
Annual Payroll
2
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 5 | 27.8% |
| Wholesale trade | 4 | 22.2% |
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 48649 vs 48841 →
ZIP 48649 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48616
Chesaning (48616)
7,513 residents
- 48655
Saint Charles (48655)
6,460 residents
- 48649 1,576
Oakley (48649)
1,576 residents
- 48614 1,376
Brant (48614)
1,376 residents
- 48841 826
Henderson (48841)
826 residents
What this shows Among its immediate neighbors, ZIP 48649 ranks #3 by population - useful context the national average alone can't give.
ZIP 48649 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48649
Oakley (48649)
$72,609 median income
- 48616
Chesaning (48616)
$66,819 median income
- 48655
Saint Charles (48655)
$66,115 median income
- 48614
Brant (48614)
$63,393 median income
- 48841
Henderson (48841)
$60,156 median income
What this shows By household income, ZIP 48649 ranks the highest of 5 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 48649, 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 (1,576 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Saginaw County
Related Areas
Frequently Asked Questions
What county is ZIP code 48649 in?
ZIP code 48649 (Oakley) 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 48649?
ZIP code 48649 in Oakley, MI has a population of 1,576 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 48649?
The median household income in ZIP 48649 is $72,609, which is 5% below the national average of $76,288.
What is the average home value in ZIP 48649?
The median home value in ZIP 48649 is $164,200, which is 41% below the national average of $278,155.
What is the demographic makeup of ZIP 48649?
The largest racial group in ZIP 48649 is White at 92.2%. Hispanic or Latino residents make up 8.4% of the population.
How many businesses are in ZIP code 48649?
ZIP code 48649 has 18 business establishments employing approximately 118 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
How have home values changed in ZIP code 48649?
According to the FHFA House Price Index, home values in ZIP 48649 decreased by 23.2% 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 48649?
In ZIP code 48649, 53.6% of residents aged 25+ have a high school diploma or higher, and 15.5% 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 48649?
The mean commute time for workers in ZIP code 48649 is 35.3 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 48649?
In ZIP code 48649, approximately 88.9% of occupied housing units are owner-occupied and 11.1% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 48649?
The poverty rate in ZIP code 48649 is 7.4% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 48649's numbers, next.
- See how ZIP 48649 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Oakley, MI ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.