Ithaca, MI · standard
ZIP Code 48847
Gratiot County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 6,041
- 19/sq mi Moderate-density area
- $66,264
- Median income Near-median income area
- $172,500
- Median home value Near-median home value
- 21.9%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Ithaca pairs a below-median household income with below-median home values, in a rural, homeowner-dominated area.
- 41st pct
- household income, US ZIPs
- 35th pct
- home value, US ZIPs
- 19
- people per sq mi
- 80%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 48847 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 48847 (Ithaca, MI) fell -5.1% from 2023 to 2024. The all-transactions index moved from 199.3 in 2023 to 189.2 in 2024 (2000 = 100).
ZIP code 48847 is a mid-sized community (a standard USPS delivery area) in Ithaca, Gratiot County, Michigan, home to 6,041 residents across 317.9 square miles, a density of 19 people per square mile, in the Detroit time zone.
ZIP 48847 reports a modest median household income of $66,264 (10% below the average Michigan ZIP), while per-capita income is $33,734. The poverty rate is 11.9%, with unemployment at 1.4%; those measures add context to the income figure. Home values sit below the statewide ZIP benchmark: the median is $172,500 (21% below the average Michigan ZIP), and median rent is $836; owner occupancy is 80.1%.
Educational attainment sits below the national norm: 21.9% of adults hold a bachelor's degree or higher, the median age is 40.4, and the average commute is 26 minutes. The page also surfaces 4 ZIP codes within roughly 10 miles and 6 more in Gratiot County, so 48847 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 48847
Top 5 sectors by establishment count in Ithaca, MI
Which industries have the most business establishments in ZIP 48847.
- Retail trade
Retail trade
21 establishments
- Health care and social assistance
Health care and social assistance
16 establishments
- Other services (except public administration)
Other services (except public administration)
14 establishments
- Construction
Construction
13 establishments
- Manufacturing
Manufacturing
11 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 48847, Ithaca, 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
6,041
Population
317.9
Area (sq mi)
19
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 48847?
40.4
Median Age
52.7%
Male
47.3%
Female
1.5%
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?
$66,264
Median Household Income
-10% vs state ZIP avg
$33,734
Per Capita Income
11.9%
Poverty Rate
1.4%
Unemployment Rate
25.6 min
Mean Commute Time
How ZIP 48847 ranks among Michigan ZIPs
Ithaca, 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)
$66,264 45th percentile higher than 45% 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
2,482housing units
2,482
Total Housing Units
2,335
Occupied Units
147
Vacant Units
2.38
Avg Household Size
Occupancy Type
$172,500
Median Home Value
-21% vs state ZIP avg
$836
Median Rent
1959
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
-5.1%
YoY Change (2024)
189
HPI Index (2000 = 100)
+89%
Total Change Since 2000
Home values in ZIP 48847 have decreased 5.1% over the past year (2024). Since 2000, this ZIP has seen +89% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +3.1% | 138 |
| 2021 | +15.1% | 159 |
| 2022 | +12.8% | 180 |
| 2023 | +10.9% | 199 |
| 2024 | -5.1% | 189 |
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 113 business establishments in ZIP 48847, employing approximately 1,174 people with a combined annual payroll of $47,843,000.
113
Businesses
1,174
Employees
$47.8M
Annual Payroll
11
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 21 | 18.6% |
| Health care and social assistance | 16 | 14.2% |
| Other services (except public administration) | 14 | 12.4% |
| Construction | 13 | 11.5% |
| Manufacturing | 11 | 9.7% |
| Accommodation and food services | 10 | 8.8% |
| Finance and insurance | 8 | 7.1% |
| Administrative and support and waste management and remediation services | 4 | 3.5% |
| Arts, entertainment, and recreation | 4 | 3.5% |
| Wholesale trade | 3 | 2.6% |
| Transportation and warehousing | 3 | 2.6% |
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 48847 vs 48874 →
ZIP 48847 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48801
Alma (48801)
12,923 residents
- 48847
Ithaca (48847)
6,041 residents
- 48871 1,952
Perrinton (48871)
1,952 residents
- 48806 1,676
Ashley (48806)
1,676 residents
- 48874 180
Pompeii (48874)
180 residents
What this shows Among its immediate neighbors, ZIP 48847 ranks #2 by population - useful context the national average alone can't give.
ZIP 48847 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48871
Perrinton (48871)
$84,803 median income
- 48874
Pompeii (48874)
$75,774 median income
- 48847
Ithaca (48847)
$66,264 median income
- 48806
Ashley (48806)
$61,375 median income
- 48801
Alma (48801)
$58,750 median income
What this shows By household income, ZIP 48847 ranks #3 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 48847, 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 (6,041 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Gratiot County
Related Areas
Frequently Asked Questions
What county is ZIP code 48847 in?
ZIP code 48847 (Ithaca) is located in Gratiot County, Michigan. Gratiot County contains multiple ZIP codes, see the full list at /counties/gratiot-mi.
What is the population of ZIP code 48847?
ZIP code 48847 in Ithaca, MI has a population of 6,041 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 48847?
The median household income in ZIP 48847 is $66,264, which is 13% below the national average of $76,288.
What is the average home value in ZIP 48847?
The median home value in ZIP 48847 is $172,500, which is 38% below the national average of $278,155.
What is the demographic makeup of ZIP 48847?
The largest racial group in ZIP 48847 is White at 91.0%. Hispanic or Latino residents make up 5.9% of the population.
How many businesses are in ZIP code 48847?
ZIP code 48847 has 113 business establishments employing approximately 1,174 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 48847?
The top industries by establishment count in ZIP 48847 are: Retail trade (21), Health care and social assistance (16), Other services (except public administration) (14). There are 11 industry sectors represented in total.
How have home values changed in ZIP code 48847?
According to the FHFA House Price Index, home values in ZIP 48847 decreased by 5.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 89%. 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 48847?
In ZIP code 48847, 56.7% of residents aged 25+ have a high school diploma or higher, and 21.9% 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 48847?
The mean commute time for workers in ZIP code 48847 is 25.6 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 48847?
In ZIP code 48847, approximately 80.1% of occupied housing units are owner-occupied and 19.9% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 48847?
The poverty rate in ZIP code 48847 is 11.9% 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 48847's numbers, next.
- See how ZIP 48847 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Ithaca, 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.