Spruce, MI · standard
ZIP Code 48762
Alcona County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 1,139
- 10/sq mi Low-density area
- $73,421
- Median income Near-median income area
- $214,900
- Median home value Near-median home value
- 26.3%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Spruce pairs an above-median household income with below-median home values, in a rural, homeowner-dominated area.
- Top 48%
- household income, US ZIPs
- 48th pct
- home value, US ZIPs
- 10
- people per sq mi
- 97%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 48762 against every reporting US ZIP.
ZIP code 48762 is a sparsely populated ZIP (a standard USPS delivery area) in Spruce, Alcona County, Michigan, home to just 1,139 residents across 116.2 square miles, a density of 10 people per square mile, in the Detroit time zone.
ZIP 48762 lands in the middle-income range, with a median household income of $73,421 (0% above the average Michigan ZIP), while per-capita income is $41,692. The poverty rate is 8.4%, with unemployment at 2.3%; those measures add context to the income figure. Median home value is $214,900 (2% below the average Michigan ZIP); 97.1% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 26.3% of adults hold a bachelor's degree or higher, the median age is 59.3, and the average commute is -. The page also surfaces 3 ZIP codes within roughly 10 miles and 6 more in Alcona County, so 48762 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 48762
Top 5 sectors by establishment count in Spruce, MI
Which industries have the most business establishments in ZIP 48762.
- Administrative and support and waste management and remediation services
Administrative and support and waste management and remediation services
3 establishments
- Accommodation and food services
Accommodation and food services
3 establishments
- Other services (except public administration)
Other services (except public administration)
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 48762, Spruce, 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
1,139
Population
116.2
Area (sq mi)
10
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 48762?
59.3
Median Age
46.3%
Male
53.7%
Female
1.2%
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?
$73,421
Median Household Income
+0% vs state ZIP avg
$41,692
Per Capita Income
8.4%
Poverty Rate
2.3%
Unemployment Rate
How ZIP 48762 ranks among Michigan ZIPs
Spruce, 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)
$73,421 Top 42% higher than 58% 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
1,035housing units
1,035
Total Housing Units
480
Occupied Units
555
Vacant Units
1.94
Avg Household Size
Occupancy Type
$214,900
Median Home Value
-2% vs state ZIP avg
1975
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
+21.5%
YoY Change (2022)
144
HPI Index (2000 = 100)
+44%
Total Change Since 2000
Home values in ZIP 48762 have increased 21.5% over the past year (2022). Since 2000, this ZIP has seen +44% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2018 | +15.9% | 103 |
| 2019 | +9.8% | 113 |
| 2020 | +0.7% | 114 |
| 2021 | +3.7% | 118 |
| 2022 | +21.5% | 144 |
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 2022. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 16 business establishments in ZIP 48762, employing approximately 61 people with a combined annual payroll of $2,456,000.
16
Businesses
61
Employees
$2.5M
Annual Payroll
3
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Administrative and support and waste management and remediation services | 3 | 18.8% |
| Accommodation and food services | 3 | 18.8% |
| Other services (except public administration) | 3 | 18.8% |
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 48762 vs 49766 →
ZIP 48762 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 49766
Ossineke (49766)
2,417 residents
- 48742
Lincoln (48742)
1,647 residents
- 48762
Spruce (48762)
1,139 residents
- 48721 411
Black River (48721)
411 residents
What this shows Among its immediate neighbors, ZIP 48762 ranks #3 by population - useful context the national average alone can't give.
ZIP 48762 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48762
Spruce (48762)
$73,421 median income
- 48742
Lincoln (48742)
$66,477 median income
- 49766
Ossineke (49766)
$61,346 median income
- 48721
Black River (48721)
$60,500 median income
What this shows By household income, ZIP 48762 ranks the highest of 4 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 48762, 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 (1,139 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Alcona County
Related Areas
Frequently Asked Questions
What county is ZIP code 48762 in?
ZIP code 48762 (Spruce) is located in Alcona County, Michigan. Alcona County contains multiple ZIP codes, see the full list at /counties/alcona-mi.
What is the population of ZIP code 48762?
ZIP code 48762 in Spruce, MI has a population of 1,139 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 48762?
The median household income in ZIP 48762 is $73,421, which is 4% below the national average of $76,288.
What is the average home value in ZIP 48762?
The median home value in ZIP 48762 is $214,900, which is 23% below the national average of $278,155.
What is the demographic makeup of ZIP 48762?
The largest racial group in ZIP 48762 is White at 94.4%. Hispanic or Latino residents make up 0.3% of the population.
How many businesses are in ZIP code 48762?
ZIP code 48762 has 16 business establishments employing approximately 61 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 48762?
The top industries by establishment count in ZIP 48762 are: Administrative and support and waste management and remediation services (3), Accommodation and food services (3), Other services (except public administration) (3). There are 3 industry sectors represented in total.
How have home values changed in ZIP code 48762?
According to the FHFA House Price Index, home values in ZIP 48762 increased by 21.5% in 2022. Since 2000, home values in this ZIP have appreciated by approximately 44%. 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 48762?
In ZIP code 48762, 54.2% of residents aged 25+ have a high school diploma or higher, and 26.3% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What percentage of residents own vs. rent in ZIP 48762?
In ZIP code 48762, approximately 97.1% of occupied housing units are owner-occupied and 2.9% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 48762?
The poverty rate in ZIP code 48762 is 8.4% 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 48762's numbers, next.
- See how ZIP 48762 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Spruce, MI ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.