ZIP Code 48464 — Otter Lake village, MI Demographics & Data

ZIP code 48464 covers Otter Lake, MI in Lapeer County with a population of about 1,986.

At a glance, the area shows median age of 51.5 versus a U.S. median of about 38.9.

It sits in telephone area codes 810, 989; U.S. House district MI-9; the DETROIT media market.

Median household income in ZIP 48464 is about $64,464 — about 14% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 11.7%; unemployment rate near 8.3%; 18.5% of adults with a bachelor’s degree or higher (about 15.2 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Manufacturing, Construction, and Retail trade; about 6.0% of workers reporting work-from-home (about 9.2 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $186,600 — about 46% below the U.S. median home value ($348,079).

Housing tenure and rents show owner-occupancy near 92.2% (about 26.8 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 48464 in Otter Lake, MI, a household would need roughly $51,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,199. That sits below the local median household income ($64,464), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Otter Lake village, MI as Relatively Low (composite score 66.4), which is near the middle of the national distribution. The strongest component scores on US5 are flood (68.4) and hurricane (29.7). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Otter Lake village, MI show little to no average snow and around 36.1 inches of annual precipitation.

IRS migration statistics show a net inflow of about 78 for ZIP 48464 (Otter Lake village, MI) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.