48706, Bay City, MI

Bay City, MI is located in the 48706 zip code. The median home value in this zip code is $101,000. The median home equity in this zip code is $50,000. Bay City has a population of approximately 10,000 people.

The Bay City economy is primarily based on agriculture and manufacturing. There are a few small businesses that have been established in recent years, but the majority of the economy still revolves around agriculture and manufacturing.

There has been an increase in home equity over the past few years due to an increase in home prices and a decrease in interest rates. Many people are buying homes for investment purposes or to live in rather than rent.

There are several factors that contribute to the increase in home prices and home equity:

-The Bay City area has seen an influx of new residents who are purchasing homes for investment purposes or to live in rather than rent

-The area has seen an increase in jobs over the past few years which has led to an increase demand for housing

-The area has low unemployment rates which means that there is a high demand for housing