Lake Odessa, MI · standard
ZIP Code 48849
Ionia County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 5,717
- 27/sq mi Moderate-density area
- $80,313
- Median income Near-median income area
- $223,600
- Median home value Near-median home value
- 21.6%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Lake Odessa pairs an above-median household income with above-median home values, in a rural, homeowner-dominated area.
- Top 38%
- household income, US ZIPs
- Top 50%
- home value, US ZIPs
- 27
- people per sq mi
- 87%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 48849 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 48849 (Lake Odessa, MI) fell -1.6% from 2023 to 2024. The all-transactions index moved from 204.8 in 2023 to 201.6 in 2024 (2000 = 100).
ZIP code 48849 is a mid-sized community (a standard USPS delivery area) in Lake Odessa, Ionia County, Michigan, home to 5,717 residents across 214.9 square miles, a density of 27 people per square mile, in the Detroit time zone.
ZIP 48849 lands in the middle-income range, with a median household income of $80,313 (9% above the average Michigan ZIP), while per-capita income is $38,337. The poverty rate is 6.9%, with unemployment at 4.3%; those measures add context to the income figure. Median home value is $223,600 (2% above the average Michigan ZIP) and median rent is $768; 87.0% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 21.6% of adults hold a bachelor's degree or higher, the median age is 37.1, and the average commute is 28 minutes. The page also surfaces 3 ZIP codes within roughly 10 miles and 6 more in Ionia County, so 48849 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 48849
Top 5 sectors by establishment count in Lake Odessa, MI
Which industries have the most business establishments in ZIP 48849.
- Retail trade
Retail trade
19 establishments
- Construction
Construction
17 establishments
- Other services (except public administration)
Other services (except public administration)
16 establishments
- Health care and social assistance
Health care and social assistance
12 establishments
- Accommodation and food services
Accommodation and food services
12 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 48849, Lake Odessa, 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
5,717
Population
214.9
Area (sq mi)
27
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 48849?
37.1
Median Age
53.6%
Male
46.4%
Female
1.1%
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?
$80,313
Median Household Income
+9% vs state ZIP avg
$38,337
Per Capita Income
6.9%
Poverty Rate
4.3%
Unemployment Rate
28.3 min
Mean Commute Time
How ZIP 48849 ranks among Michigan ZIPs
Lake Odessa, 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)
$80,313 Top 30% higher than 70% 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
2,201housing units
2,201
Total Housing Units
1,951
Occupied Units
250
Vacant Units
2.93
Avg Household Size
Occupancy Type
$223,600
Median Home Value
+2% vs state ZIP avg
$768
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
-1.6%
YoY Change (2024)
202
HPI Index (2000 = 100)
+102%
Total Change Since 2000
Home values in ZIP 48849 have decreased 1.6% over the past year (2024). Since 2000, this ZIP has seen +102% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +9.3% | 141 |
| 2021 | +12.2% | 159 |
| 2022 | +13.8% | 181 |
| 2023 | +13.4% | 205 |
| 2024 | -1.6% | 202 |
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 114 business establishments in ZIP 48849, employing approximately 1,505 people with a combined annual payroll of $69,814,000.
114
Businesses
1,505
Employees
$69.8M
Annual Payroll
11
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 19 | 16.7% |
| Construction | 17 | 14.9% |
| Other services (except public administration) | 16 | 14.0% |
| Health care and social assistance | 12 | 10.5% |
| Accommodation and food services | 12 | 10.5% |
| Finance and insurance | 8 | 7.0% |
| Wholesale trade | 7 | 6.1% |
| Manufacturing | 5 | 4.4% |
| Administrative and support and waste management and remediation services | 5 | 4.4% |
| Transportation and warehousing | 4 | 3.5% |
| Information | 4 | 3.5% |
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 48849 vs 48897 →
ZIP 48849 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48849
Lake Odessa (48849)
5,717 residents
- 48881
Saranac (48881)
5,501 residents
- 48815 2,259
Clarksville (48815)
2,259 residents
- 48897 1,525
Woodland (48897)
1,525 residents
What this shows Among its immediate neighbors, ZIP 48849 ranks the most populous - useful context the national average alone can't give.
ZIP 48849 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48815
Clarksville (48815)
$85,962 median income
- 48849
Lake Odessa (48849)
$80,313 median income
- 48881
Saranac (48881)
$78,607 median income
- 48897
Woodland (48897)
$69,531 median income
What this shows By household income, ZIP 48849 ranks #2 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 48849, 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 (5,717 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Ionia County
Related Areas
Frequently Asked Questions
What county is ZIP code 48849 in?
ZIP code 48849 (Lake Odessa) is located in Ionia County, Michigan. Ionia County contains multiple ZIP codes, see the full list at /counties/ionia-mi.
What is the population of ZIP code 48849?
ZIP code 48849 in Lake Odessa, MI has a population of 5,717 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 48849?
The median household income in ZIP 48849 is $80,313, which is 5% above the national average of $76,288.
What is the average home value in ZIP 48849?
The median home value in ZIP 48849 is $223,600, which is 20% below the national average of $278,155.
What is the demographic makeup of ZIP 48849?
The largest racial group in ZIP 48849 is White at 90.2%. Hispanic or Latino residents make up 2.7% of the population.
How many businesses are in ZIP code 48849?
ZIP code 48849 has 114 business establishments employing approximately 1,505 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 48849?
The top industries by establishment count in ZIP 48849 are: Retail trade (19), Construction (17), Other services (except public administration) (16). There are 11 industry sectors represented in total.
How have home values changed in ZIP code 48849?
According to the FHFA House Price Index, home values in ZIP 48849 decreased by 1.6% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 102%. 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 48849?
In ZIP code 48849, 55.3% of residents aged 25+ have a high school diploma or higher, and 21.6% 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 48849?
The mean commute time for workers in ZIP code 48849 is 28.3 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 48849?
In ZIP code 48849, approximately 87.0% of occupied housing units are owner-occupied and 13.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 48849?
The poverty rate in ZIP code 48849 is 6.9% 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 48849's numbers, next.
- See how ZIP 48849 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Lake Odessa, 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.