38647 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Benton County
Centroid: Latitude 34.933, Longitude -89.211
Time Zone: Central Time Zone (UTC -6 hours)
Observes DST: Yes

Businesses Addresses: 22
PO Box Addresses: 19
Residential Addresses: 502

Multi-Family Addresses: 0
Single Family Addresses: 502

The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2020, Maps updated: May 1, 2020.

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Michigan City, MS 38647 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX
Michigan City, MS 38647 Housing Affordability Index is 186 State of Mississippi Housing Affordability Index is 174
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.

WEALTH INDEX
Michigan City, MS 38647 Wealth Index is 32 State of Mississippi Wealth Index is 62
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

POPULATION
Total Population	1,504 (100%)
Population in Households	1,504 (100.0%)
Population in Families	1,255 (83.4%)
Population in Group Quarters¹	0
Population Density	18
Diversity Index²	57

INCOME
Median Household Income	$27,795
Average Household Income	$37,900
Per Capita Income	$14,717
Wealth Index⁴	32

HOUSING
Total Housing Units	761 (100%)
Owner Occupied HU	515 (67.7%)
Renter Occupied HU	69 ( 9.1%)
Vacant Housing Units	177 (23.3%)
Median Home Value	$81,145
Housing Affordability Index³	186

HOUSEHOLDS
Total Households	584
Average Household Size	2.58
Family Households	400
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Michigan City, MS 38647 - Peer Comparisons by Rank and Percentile

The table below compares 38647 to the other 412 ZIP Codes in Mississippi by rank and percentile using July 1, 2019 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2019	2019-2024
Population	0.17%	-0.42%
Households	0.26%	-0.38%
Families	0.0%	-0.56%
Median Household Income		1.23%
Per Capita Income		2.44%

Variable Description	Rank	Percentile
Total Population	# 295	29th
Population Density	# 322	22nd
Diversity Index	# 37	91st
Median Household Income	# 354	14th
Per Capita Income	# 359	13th

Michigan City, MS 38647 ZIP Code Profile

ZIP Code 38647: Basic Data & USPS Preferred City Name

Popular Places Near ZIP Code 38647

Use HTL Address Research for a Mississippi Address and get...

Michigan City, MS 38647 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

WEALTH INDEX

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Michigan City, MS 38647 - Peer Comparisons by Rank and Percentile

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