Freeland (48623) in Michigan Real Estate, Demographics, Mortgage and Jobs

USA	Michigan	Freeland Michigan

Freeland, MI 48623

Freeland (48623) has an estimated 13,993 residents with 12,493 of those people in approximately 4,712 housing units. The 48623 zipcode contains 2,985 housing units that are owned with a mortgage or a loan, 1,166 housing units that are owned free and clear and 561 housing units that are renter occupied.

In Freeland (48623) the median listing price of $192,400 has dropped by $22,500 since 2018-10.

In 2018 the average percentage drop was 3.43% of original listing price.

Zip code 48623 is in the Saginaw metropolitan area.
The median estimated home value in Freeland, MI (48623) is $164,200 as of 2018-10-31

The Zillow Market Health Index for Freeland, MI (48623) is 3.93. The corresponding state value is 6.27. This is significantly lower than the overall Market Health Index of Michigan.
Metro value is 2.27.
This is significantly higher than the overall Market Health Index of Saginaw.

Demographics of Freeland zipcode 48623
The median age here is 38.90. This age is 102.4% the national median age.
The number of male residents is 7,733 with a median age of 37.70 years. The number of female residents is 6,260 with a median age of 40.40 years. This yields a ♂ to ♀ ratio of 1.24
The average household is 2.65 persons and has an income of $74,756.
The average family size in Freeland is 3.03.
Area Code: 989
Time zone: Eastern USA
Region: Midwest - East North Central
Has Daylight Saving: Yes
Businesses: 258
Employment: 2,603
Medicare Area: Saginaw, MI
County: SAGINAW

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