ZipCodeLook
48723

Zip code 48723: Caro, Michigan

Residential delivery areaTuscola CountyEastern Time
Population
11,678
Median household income
$56K
U.S. $81K
Median home value
$138K
U.S. $333K
Median rent
$750/mo
U.S. $1,413
Median age
46.5
U.S. 38.9
Land area
132 sq mi
89 people/sq mi

Boundary is the Census Bureau's ZIP Code Tabulation Area, which closely tracks the postal delivery area.

About 48723

48723 is a small-town zip code in Caro, Michigan (Tuscola County), covering 132 sq mi of land. About 11,678 people live here, or 89 per square mile. The median resident is 46.5 years old, compared with 38.9 nationally.

The median household earns $55,779 a year, 31% below the national median of $80,734. 20.8% of residents live below the poverty line (U.S.: 12.5%). A typical home is valued at $138,100, or 2.5 years of median household income (U.S.: 4.1 years), which makes homes relatively affordable for local earners. 80% of occupied homes are lived in by their owners, and renters pay a median of $750 a month.

18% of adults hold a bachelor's degree or higher (U.S.: 36%). Commuters average 24.9 minutes each way, and 5% of workers work from home. The most common jobs among working residents are in healthcare; construction and repair; and production and manufacturing.

How 48723 compares

Sorted from highest to lowest national percentile

The percentile is the share of Americans who live in a zip code with a lower value, so the 50th percentile is typical. Rank 1 is the highest value in the state. Both include zip codes with at least 100 residents. Strengths and weaknesses mark measures in the best or worst fifth nationally, where higher or lower is clearly better (income, poverty, education, commute, broadband, insurance and similar). Measures like age or density are left unmarked.

People

Age

Median age
46.5
Under 18
20.1%
65 and over
23.2%

Race and ethnicity

  • White90%
  • Black2%
  • Hispanic4%
  • Asian0.1%
  • Native American0.1%
  • Pacific Islander0%
  • Other0.0%
  • Multiracial4%
Diversity index
18.1
U.S. 61.4
Foreign-born
1%
U.S. 14.1%
Born in state
90.5%

Language spoken at home (households)

English only
96%
Spanish
2%
Other Indo-European
1%
Asian / Pacific
0.4%
Other
0.3%

Households

Households
4,801
Average household size
2.3
Family households
58%
Married couples
43.2%
Living alone
37.3%
Veterans (of adults)
6.3%
Male / female
51% / 49%

Income and poverty

Household income distribution

<$25k
24%
$25–50k
21%
$50–75k
18%
$75–100k
14%
$100–150k
14%
$150–200k
6%
$200k+
2%

Median household income

48723
$55,779
Tuscola Co.
$63,811
Michigan
$72,875
United States
$80,734
Per capita income
$30,774
U.S. $44,673
Poverty rate
20.8%
U.S. 12.5%
Households earning $150K+
8.5%
U.S. 23%
Income inequality (Gini)
0.431
U.S. 0.483

Housing

Median home value

48723
$138,100
Tuscola Co.
$149,500
Michigan
$231,600
United States
$332,700

Median gross rent

48723
$750
Tuscola Co.
$819
Michigan
$1,129
United States
$1,413

Types of housing

Single-family
76%
2–4 units
3%
5–19 units
4%
20+ units
4%
Mobile home
13%
Boat, RV, van
0%
Housing units
5,246
Owner-occupied
80.4%
Vacant
8.5%
Median year built
1973
Median rooms
5.8
Renters paying 30%+ of income
48.8%
Renters paying 50%+ of income
32.3%
Home value to income
2.5× (U.S. 4.1×)

Work and commute

How people get to work

Drove alone
77%
Carpooled
13%
Transit
1%
Walked
2%
Bicycle
0.3%
Worked from home
5%
Other
1%

Commute time (one way)

<10 min
23%
10–19
32%
20–29
12%
30–44
16%
45–59
9%
60+
8%
Average commute
24.9 min
U.S. 26.4 min
Unemployment
6.2%
U.S. 5.2%
In labor force
52%
U.S. 63.5%

Jobs and careers

What employed residents do, wherever they work

Occupations

Healthcare
13%
Construction and repair
11%
Production
11%
Office and admin
11%
Management
9%
Sales
9%
Cleaning and personal care
9%
Transportation and moving
8%
Education
5%
Business and finance
3%
Food service
3%
Legal and social services
2%
Computer and math
2%
Engineering and science
1%
Police and fire
1%
Farming, fishing and forestry
0.9%
Arts, media and sports
0.8%

Industries

Manufacturing
21%
Health care and social assistance
20%
Retail
12%
Education
7%
Construction
5%
Professional and technical services
5%
Restaurants and hotels
5%
Other services
4%
Finance, insurance and real estate
4%
Transportation, warehousing and utilities
4%
Public administration
4%
Admin, support and management
3%
Agriculture and mining
2%
Wholesale
2%
Information
1%
Arts and recreation
0.8%
Median earnings per worker
$42,815
U.S. $49,666
Self-employed
7.2%
U.S. 10%
Government workers
14.1%
U.S. 14.5%
Nonprofit workers
9.7%
U.S. 8.8%

Median earnings by type of work

Type of work48723U.S.
Management, business, science and arts$67,301$74,888
Service$20,895$26,804
Sales and office$38,846$40,476
Construction and maintenance$51,413$49,199
Production and transportation$40,164$39,989

Education, internet and health coverage

Highest education (adults 25+)

No diploma
8%
High school
47%
Some college
17%
Associate's
9%
Bachelor's
12%
Graduate
6%
High school graduate or higher
91.5%
Bachelor's degree or higher
17.6%
Graduate or professional degree
5.9%
Households with broadband
85%
Cable, fiber or DSL
60.4%
No internet access
12.8%
Without health insurance
3.5%
Limited-English households
0.8%

Geography

City (USPS)
Caro
Center point
43.4875° N, 83.3847° W
Land area
132 sq mi
Water area
2.9 sq mi
Time zone
Eastern Time (UTC-5, UTC-4 in summer)
Zip type
Residential delivery area

Cities and towns within this zip

  • Caro2% of zip

Census places overlapping the zip's area. Mail may use a different city name than the municipality.

Zip codes near 48723

ZipCityDistanceIncome
48744Mayville9.7 mi$67,944
48729Deford11 mi$60,776
48733Fairgrove11 mi$60,500
48701Akron11 mi$62,969
48741Kingston12 mi$59,107
48767Unionville12 mi$77,938
48768Vassar13 mi$64,413
48760Silverwood14 mi$54,643
48726Cass City14 mi$65,087
48735Gagetown14 mi$61,364
48757Reese15 mi$73,832
48758Richville · PO box16 mi—

Zip codes like 48723 elsewhere

Matched on income, home values, age, density, education, housing and commuting

Questions about 48723

What city is zip code 48723?

48723 is assigned to Caro, Michigan. The city name is the one the Postal Service prefers for mail addressed to this zip code.

What county is 48723 in?

48723 is in Tuscola County, Michigan.

What is the population of 48723?

About 11,678 people live in 48723, according to the Census Bureau's American Community Survey.

What time zone is 48723 in?

48723 is in Eastern Time.

What is the median household income in 48723?

The median household income in 48723 is $55,779.

What zip codes are near 48723?

The closest zip codes to 48723 are 48744, 48729, 48733, 48701, 48741.

Demographic figures are 2020–2024 American Community Survey 5-year estimates for ZIP Code Tabulation Area 48723, from the U.S. Census Bureau. Small areas have wide margins of error. How we build these numbers.