US Census Data

ZIP Code 48362

ZIP Code Tabulation Area in Oakland County, Michigan.

Population
14,746
-6.9%’19–’23
Median household income
$108,667
+20.1%’19–’23
Median home value
$313,600
+26.7%’19–’23

Covering part of Oakland County, Michigan, ZIP Code 48362 has about 14,746 residents. The median household income of $108,667 is above the Oakland County median ($95,296).

From 2019 to 2023, ZIP Code 48362's population declined 6.9% from 15,833 to 14,746, while its median gross rent rose 22.1% from $897 to $1,095.

The largest age group is 55 to 64, 18.4% of residents. White (non-Hispanic) residents are the largest group, 88.1% of the population.

Demographics

ACS 2019–2023
Population
14,746
Median age
44.9 yrs
Median household income
$108,667
Median home value
$313,600
Median gross rent
$1,095
Housing units
6,428
Homeownership rate
85.8%
Bachelor's degree or higher
43.7%
Unemployment rate
2.3%

Trends

ACS 5-year · 2019–2023
Population
15,83314,746
Median household income
$90,503$108,667
Median home value
$247,600$313,600
Median gross rent
$897$1,095
YearPopulationMedian household incomeMedian home valueMedian gross rent
201915,833$90,503$247,600$897
202015,502$95,236$258,100$915
202114,869$98,333$275,400$1,039
202215,053$101,250$293,800$1,016
202314,746$108,667$313,600$1,095

Each year is a US Census Bureau ACS 5-year estimate ending that year.

Age distribution

CountShare
Under 56814.6%
5 to 171,97713.4%
18 to 241,2048.2%
25 to 341,70711.6%
35 to 441,82012.3%
45 to 541,92513.1%
55 to 642,70818.4%
65 to 741,68011.4%
75 and over1,0447.1%

Race & ethnicity

CountShare
White (non-Hispanic)12,99788.1%
Black or African American3512.4%
American Indian & Alaska Native150.1%
Asian2431.6%
Native Hawaiian & Pacific Islander00.0%
Some other race580.4%
Two or more races4943.4%
Hispanic or Latino (any race)5884.0%

Educational attainment (age 25+)

CountShare
No high school diploma2692.5%
High school graduate2,42522.3%
Some college or associate's3,43131.5%
Bachelor's degree3,06328.1%
Graduate or professional degree1,69615.6%

Commute to work

Mean travel time to work
28 min

How workers get to work

CountShare
Drove alone5,89475.7%
Carpooled4425.7%
Public transit10.0%
Walked490.6%
Bicycle230.3%
Worked from home1,22915.8%
Other means1511.9%

Travel time

CountShare
Under 15 min1,39221.2%
15 to 29 min1,83428.0%
30 to 44 min2,00130.5%
45 to 59 min93514.3%
60+ min3986.1%

Households

Average household size
2.45
Poverty rate
6.1% (896 of 14,621)
CountShare
Family households4,11668.9%
Nonfamily households1,85431.1%

Housing

Median year structure built
1975

Occupancy

CountShare
Occupied5,97092.9%
Vacant4587.1%

Tenure (of occupied units)

CountShare
Owner-occupied5,12585.8%
Renter-occupied84514.2%

Units in structure

CountShare
1-unit, detached5,61087.3%
1-unit, attached1412.2%
2 to 4 units1221.9%
5 to 19 units3435.3%
20 or more units2013.1%
Mobile home & other110.2%

Geography

ZCTA
48362
Land area
10 sq mi
Water area
1.54 sq mi
Center point
42.7824, -83.2694

Counties this ZIP covers

1

Compare with nearby ZIP codes

6

National ZIP rankings

21

Nearby ZIP codes

9