ZIP Code 48706
standardSource:
Bay City · Bay County · Michigan
- Population
- 40,596
- Median income
- $62,747
- Median home value
- $155,800
- Bachelor's or higher
- 24.7%
- Land area
- 173.5 sq mi
234/sq mi
▼ 18% vs US
higher than 34% of US ZIPs
▼ 44% vs US
higher than 28% of US ZIPs
Median age 44.7
Detroit
ZIP code 48706 in Bay City, Michigan has a population of 40,596. The median household income is $62,747, which is 18% below the national average. Median home value is $155,800, 44% below the US average. 24.7% of residents hold a bachelor's degree or higher.
ZIP code 48706 is classified by USPS as a standard delivery area and covers roughly 173.5 square miles in Bay City, Bay County, Michigan. The area is home to 40,596 residents, producing a population density of 234 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 48706 against Michigan and the nation.
On the economic side, the median household income for ZIP 48706 sits at $62,747 (14% below the Michigan average), while per-capita income is $36,643. The poverty rate stands at 12.3% and the unemployment rate at 3.7%. On housing, the median home value is $155,800 (29% below the state average) with median rent at $922 per month, and 78.2% of occupied units are owner-occupied, a direct signal of whether 48706 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 24.7% of adults hold a bachelor's degree or higher, the median age is 44.7, and the average commute is 21 minutes. We also surface 7 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Bay County, so you can benchmark 48706 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 48706
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 48706.
- Retail trade
Retail trade
168 establishments
- Health care and social assistance
Health care and social assistance
148 establishments
- Other services (except public administration)
Other services (except public administration)
96 establishments
- Accommodation and food services
Accommodation and food services
91 establishments
- Construction
Construction
68 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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 48706, Bay City, 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
40,596
Population
173.5
Area (sq mi)
234
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 48706?
44.7
Median Age
48.6%
Male
51.4%
Female
1.0%
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?
$62,747
Median Household Income
-14% vs state
$36,643
Per Capita Income
12.3%
Poverty Rate
3.7%
Unemployment Rate
20.9 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?
18,537
Total Housing Units
17,184
Occupied Units
1,353
Vacant Units
2.24
Avg Household Size
Occupancy Type
$155,800
Median Home Value
-29% vs state
$922
Median Rent
1965
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
+7.6%
YoY Change (2024)
166
HPI Index (2000 = 100)
+66%
Total Change Since 2000
Home values in ZIP 48706 have increased 7.6% over the past year (2024). Since 2000, this ZIP has seen +66% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.6% | 111 |
| 2021 | +11.1% | 123 |
| 2022 | +16.5% | 144 |
| 2023 | +7.3% | 154 |
| 2024 | +7.6% | 166 |
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 904 business establishments in ZIP 48706, employing approximately 12,822 people with a combined annual payroll of $622,935,000.
904
Businesses
12,822
Employees
$622.9M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 168 | 18.6% |
| Health care and social assistance | 148 | 16.4% |
| Other services (except public administration) | 96 | 10.6% |
| Accommodation and food services | 91 | 10.1% |
| Construction | 68 | 7.5% |
| Finance and insurance | 54 | 6.0% |
| Professional, scientific, and technical services | 50 | 5.5% |
| Manufacturing | 46 | 5.1% |
| Wholesale trade | 42 | 4.7% |
| Administrative and support and waste management and remediation services | 39 | 4.3% |
| Real estate and rental and leasing | 36 | 4.0% |
| Transportation and warehousing | 23 | 2.5% |
| Arts, entertainment, and recreation | 22 | 2.4% |
| Information | 7 | 0.8% |
| Educational services | 7 | 0.8% |
| Management of companies and enterprises | 4 | 0.4% |
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 48706 vs 48710 →
More ZIP Codes in Bay County
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Frequently Asked Questions
What county is ZIP code 48706 in? ▼
What is the population of ZIP code 48706? ▼
What is the median household income in ZIP 48706? ▼
What is the average home value in ZIP 48706? ▼
What is the demographic makeup of ZIP 48706? ▼
How many businesses are in ZIP code 48706? ▼
What are the main industries in ZIP code 48706? ▼
How have home values changed in ZIP code 48706? ▼
What is the education level in ZIP code 48706? ▼
What is the average commute time in ZIP 48706? ▼
What percentage of residents own vs. rent in ZIP 48706? ▼
What is the poverty rate in ZIP code 48706? ▼
ZIP Code Research Guides
Official Data Resources for Bay City, 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.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.