ZIP Code 48306
ZIP Code Tabulation Area in Oakland County, Michigan.
- Population
- 27,831
- Median household income
- $165,545
- Median home value
- $522,200
+1.8%’19–’23
+13.9%’19–’23
+30.4%’19–’23
ZIP Code 48306 (Oakland County, Michigan) is home to about 27,831 residents. Its median household income of $165,545 runs above the Oakland County figure of $95,296.
From 2019 to 2023, ZIP Code 48306's population grew 1.8% from 27,334 to 27,831, while its median gross rent rose 61.0% from $1,022 to $1,645.
Households average 2.88 people. The median gross rent is $1,645.
Demographics
ACS 2019–2023- Population
- 27,831
- Median age
- 43.5 yrs
- Median household income
- $165,545
- Median home value
- $522,200
- Median gross rent
- $1,645
- Housing units
- 10,202
- Homeownership rate
- 93.5%
- Bachelor's degree or higher
- 72.0%
- Unemployment rate
- 3.9%
Trends
ACS 5-year · 2019–202327,33427,831
$145,299$165,545
$400,600$522,200
$1,022$1,645
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 27,334 | $145,299 | $400,600 | $1,022 |
| 2020 | 27,974 | $155,764 | $423,200 | $1,140 |
| 2021 | 27,916 | $161,851 | $434,400 | $1,348 |
| 2022 | 28,083 | $163,419 | $490,400 | $1,131 |
| 2023 | 27,831 | $165,545 | $522,200 | $1,645 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 55.1%
5 to 1720.2%
18 to 248.7%
25 to 345.4%
35 to 4413.1%
45 to 5415.7%
55 to 6415.1%
65 to 7410.2%
75 and over6.4%
| Count | Share | |
|---|---|---|
| Under 5 | 1,431 | 5.1% |
| 5 to 17 | 5,630 | 20.2% |
| 18 to 24 | 2,432 | 8.7% |
| 25 to 34 | 1,501 | 5.4% |
| 35 to 44 | 3,636 | 13.1% |
| 45 to 54 | 4,379 | 15.7% |
| 55 to 64 | 4,204 | 15.1% |
| 65 to 74 | 2,833 | 10.2% |
| 75 and over | 1,785 | 6.4% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 21,460 | 77.1% |
| Black or African American | 498 | 1.8% |
| American Indian & Alaska Native | 19 | 0.1% |
| Asian | 2,657 | 9.5% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 110 | 0.4% |
| Two or more races | 1,554 | 5.6% |
| Hispanic or Latino (any race) | 1,533 | 5.5% |
Educational attainment (age 25+)
No high school diploma1.5%
High school graduate8.1%
Some college or associate's18.4%
Bachelor's degree37.6%
Graduate or professional degree34.5%
| Count | Share | |
|---|---|---|
| No high school diploma | 273 | 1.5% |
| High school graduate | 1,478 | 8.1% |
| Some college or associate's | 3,375 | 18.4% |
| Bachelor's degree | 6,888 | 37.6% |
| Graduate or professional degree | 6,324 | 34.5% |
Commute to work
- Mean travel time to work
- 27 min
Drove alone71.7%
Carpooled2.4%
Public transit0.2%
Walked0.5%
Bicycle0.0%
Worked from home24.8%
Other means0.3%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 9,476 | 71.7% |
| Carpooled | 321 | 2.4% |
| Public transit | 21 | 0.2% |
| Walked | 72 | 0.5% |
| Bicycle | 0 | 0.0% |
| Worked from home | 3,282 | 24.8% |
| Other means | 40 | 0.3% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 1,986 | 20.0% |
| 15 to 29 min | 3,590 | 36.2% |
| 30 to 44 min | 2,524 | 25.4% |
| 45 to 59 min | 1,056 | 10.6% |
| 60+ min | 774 | 7.8% |
Households
- Average household size
- 2.88
- Poverty rate
- 2.2% (608 of 27,802)
| Count | Share | |
|---|---|---|
| Family households | 7,929 | 82.0% |
| Nonfamily households | 1,737 | 18.0% |
Housing
- Median year structure built
- 1990
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 9,666 | 94.7% |
| Vacant | 536 | 5.3% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 9,039 | 93.5% |
| Renter-occupied | 627 | 6.5% |
1-unit, detached85.2%
1-unit, attached7.0%
2 to 4 units2.2%
5 to 19 units4.5%
20 or more units1.1%
Mobile home & other0.0%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 8,688 | 85.2% |
| 1-unit, attached | 716 | 7.0% |
| 2 to 4 units | 228 | 2.2% |
| 5 to 19 units | 462 | 4.5% |
| 20 or more units | 108 | 1.1% |
| Mobile home & other | 0 | 0.0% |
Geography
- ZCTA
- 48306
- Land area
- 22 sq mi
- Water area
- 0.1 sq mi
- Center point
- 42.7243, -83.1473
Counties this ZIP covers
2Compare with nearby ZIP codes
6National ZIP rankings
21- Largest by population
- Most densely populated
- Highest median household income
- Highest median home value
- Most affordable home values
- Highest median gross rent
- Cheapest median gross rent
- Oldest by median age
- Youngest by median age
- Most college-educated
- Highest poverty rate
- Lowest poverty rate
- Highest homeownership rate
- Lowest homeownership rate
- Longest commutes
- Shortest commutes
- Largest households
- Newest housing
- Oldest housing
- Fastest-growing (2019–2023)
- Fastest-shrinking (2019–2023)