48438, Goodrich, MI

The 48438 zip code of Goodrich, Michigan has a population of about 5,000 people. The median household income in this zip code is about $50,000 per year. The home equity and home prices in this zip code are both relatively high.

The average home value in the 48438 zip code is about $160,000. The average home equity value in this zip code is about $140,000. This means that the majority of homes in this zip code are worth more than their original purchase price. This is likely due to the strong economy and low interest rates over the past few years.

The 48438 zip code has a relatively high home price to income ratio (about 8%). This means that there are a lot of homes available for sale and a lot of people who can afford to buy them. It's also likely that there are a lot of people who want to buy homes in this zip code because it's an attractive location and the homes are relatively affordable compared to other areas of Michigan.