ZIP Code 48340
ZIP Code Tabulation Area in Oakland County, Michigan.
- Population
- 25,696
- Median household income
- $46,474
- Median home value
- $105,800
+1.2%’19–’23
+29.5%’19–’23
+78.1%’19–’23
Covering part of Oakland County, Michigan, ZIP Code 48340 has about 25,696 residents. At $46,474, its median household income sits below Oakland County's $95,296.
From 2019 to 2023, ZIP Code 48340's population grew 1.2% from 25,387 to 25,696, while its median gross rent rose 30.0% from $843 to $1,096.
Households average 2.28 people. The median gross rent is $1,096.
Demographics
ACS 2019–2023- Population
- 25,696
- Median age
- 35.1 yrs
- Median household income
- $46,474
- Median home value
- $105,800
- Median gross rent
- $1,096
- Housing units
- 12,154
- Homeownership rate
- 43.4%
- Bachelor's degree or higher
- 14.6%
- Unemployment rate
- 10.9%
Trends
ACS 5-year · 2019–202325,38725,696
$35,879$46,474
$59,400$105,800
$843$1,096
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 25,387 | $35,879 | $59,400 | $843 |
| 2020 | 25,190 | $39,162 | $64,300 | $858 |
| 2021 | 26,233 | $40,982 | $73,400 | $925 |
| 2022 | 25,957 | $46,270 | $89,900 | $1,027 |
| 2023 | 25,696 | $46,474 | $105,800 | $1,096 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 56.0%
5 to 1717.9%
18 to 2410.2%
25 to 3415.6%
35 to 4412.6%
45 to 5413.9%
55 to 6410.6%
65 to 748.2%
75 and over4.9%
| Count | Share | |
|---|---|---|
| Under 5 | 1,545 | 6.0% |
| 5 to 17 | 4,606 | 17.9% |
| 18 to 24 | 2,626 | 10.2% |
| 25 to 34 | 4,009 | 15.6% |
| 35 to 44 | 3,248 | 12.6% |
| 45 to 54 | 3,577 | 13.9% |
| 55 to 64 | 2,715 | 10.6% |
| 65 to 74 | 2,105 | 8.2% |
| 75 and over | 1,265 | 4.9% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 7,385 | 28.7% |
| Black or African American | 7,887 | 30.7% |
| American Indian & Alaska Native | 77 | 0.3% |
| Asian | 1,010 | 3.9% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 278 | 1.1% |
| Two or more races | 1,183 | 4.6% |
| Hispanic or Latino (any race) | 7,876 | 30.7% |
Educational attainment (age 25+)
No high school diploma18.1%
High school graduate37.1%
Some college or associate's30.3%
Bachelor's degree10.4%
Graduate or professional degree4.2%
| Count | Share | |
|---|---|---|
| No high school diploma | 3,066 | 18.1% |
| High school graduate | 6,269 | 37.1% |
| Some college or associate's | 5,122 | 30.3% |
| Bachelor's degree | 1,754 | 10.4% |
| Graduate or professional degree | 708 | 4.2% |
Commute to work
- Mean travel time to work
- 22 min
Drove alone72.8%
Carpooled16.8%
Public transit1.1%
Walked3.4%
Bicycle0.3%
Worked from home4.7%
Other means0.9%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 8,133 | 72.8% |
| Carpooled | 1,881 | 16.8% |
| Public transit | 126 | 1.1% |
| Walked | 378 | 3.4% |
| Bicycle | 33 | 0.3% |
| Worked from home | 521 | 4.7% |
| Other means | 99 | 0.9% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 3,650 | 34.3% |
| 15 to 29 min | 3,963 | 37.2% |
| 30 to 44 min | 1,927 | 18.1% |
| 45 to 59 min | 648 | 6.1% |
| 60+ min | 462 | 4.3% |
Households
- Average household size
- 2.28
- Poverty rate
- 22.8% (5,816 of 25,563)
| Count | Share | |
|---|---|---|
| Family households | 5,749 | 51.0% |
| Nonfamily households | 5,527 | 49.0% |
Housing
- Median year structure built
- 1966
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 11,276 | 92.8% |
| Vacant | 878 | 7.2% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 4,897 | 43.4% |
| Renter-occupied | 6,379 | 56.6% |
1-unit, detached56.7%
1-unit, attached4.4%
2 to 4 units9.1%
5 to 19 units17.0%
20 or more units10.4%
Mobile home & other2.4%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 6,888 | 56.7% |
| 1-unit, attached | 538 | 4.4% |
| 2 to 4 units | 1,104 | 9.1% |
| 5 to 19 units | 2,067 | 17.0% |
| 20 or more units | 1,267 | 10.4% |
| Mobile home & other | 290 | 2.4% |
Geography
- ZCTA
- 48340
- Land area
- 7.66 sq mi
- Water area
- 0.12 sq mi
- Center point
- 42.6721, -83.2879
Counties this ZIP covers
1Compare 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)