ZIP Code 48362
ZIP Code Tabulation Area in Oakland County, Michigan.
- Population
- 14,746
- Median household income
- $108,667
- Median home value
- $313,600
-6.9%’19–’23
+20.1%’19–’23
+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 · 2019–202315,83314,746
$90,503$108,667
$247,600$313,600
$897$1,095
| Year | Population | Median household income | Median home value | Median gross rent |
|---|---|---|---|---|
| 2019 | 15,833 | $90,503 | $247,600 | $897 |
| 2020 | 15,502 | $95,236 | $258,100 | $915 |
| 2021 | 14,869 | $98,333 | $275,400 | $1,039 |
| 2022 | 15,053 | $101,250 | $293,800 | $1,016 |
| 2023 | 14,746 | $108,667 | $313,600 | $1,095 |
Each year is a US Census Bureau ACS 5-year estimate ending that year.
Age distribution
Under 54.6%
5 to 1713.4%
18 to 248.2%
25 to 3411.6%
35 to 4412.3%
45 to 5413.1%
55 to 6418.4%
65 to 7411.4%
75 and over7.1%
| Count | Share | |
|---|---|---|
| Under 5 | 681 | 4.6% |
| 5 to 17 | 1,977 | 13.4% |
| 18 to 24 | 1,204 | 8.2% |
| 25 to 34 | 1,707 | 11.6% |
| 35 to 44 | 1,820 | 12.3% |
| 45 to 54 | 1,925 | 13.1% |
| 55 to 64 | 2,708 | 18.4% |
| 65 to 74 | 1,680 | 11.4% |
| 75 and over | 1,044 | 7.1% |
Race & ethnicity
| Count | Share | |
|---|---|---|
| White (non-Hispanic) | 12,997 | 88.1% |
| Black or African American | 351 | 2.4% |
| American Indian & Alaska Native | 15 | 0.1% |
| Asian | 243 | 1.6% |
| Native Hawaiian & Pacific Islander | 0 | 0.0% |
| Some other race | 58 | 0.4% |
| Two or more races | 494 | 3.4% |
| Hispanic or Latino (any race) | 588 | 4.0% |
Educational attainment (age 25+)
No high school diploma2.5%
High school graduate22.3%
Some college or associate's31.5%
Bachelor's degree28.1%
Graduate or professional degree15.6%
| Count | Share | |
|---|---|---|
| No high school diploma | 269 | 2.5% |
| High school graduate | 2,425 | 22.3% |
| Some college or associate's | 3,431 | 31.5% |
| Bachelor's degree | 3,063 | 28.1% |
| Graduate or professional degree | 1,696 | 15.6% |
Commute to work
- Mean travel time to work
- 28 min
Drove alone75.7%
Carpooled5.7%
Public transit0.0%
Walked0.6%
Bicycle0.3%
Worked from home15.8%
Other means1.9%
How workers get to work
| Count | Share | |
|---|---|---|
| Drove alone | 5,894 | 75.7% |
| Carpooled | 442 | 5.7% |
| Public transit | 1 | 0.0% |
| Walked | 49 | 0.6% |
| Bicycle | 23 | 0.3% |
| Worked from home | 1,229 | 15.8% |
| Other means | 151 | 1.9% |
Travel time
| Count | Share | |
|---|---|---|
| Under 15 min | 1,392 | 21.2% |
| 15 to 29 min | 1,834 | 28.0% |
| 30 to 44 min | 2,001 | 30.5% |
| 45 to 59 min | 935 | 14.3% |
| 60+ min | 398 | 6.1% |
Households
- Average household size
- 2.45
- Poverty rate
- 6.1% (896 of 14,621)
| Count | Share | |
|---|---|---|
| Family households | 4,116 | 68.9% |
| Nonfamily households | 1,854 | 31.1% |
Housing
- Median year structure built
- 1975
Occupancy
| Count | Share | |
|---|---|---|
| Occupied | 5,970 | 92.9% |
| Vacant | 458 | 7.1% |
Tenure (of occupied units)
| Count | Share | |
|---|---|---|
| Owner-occupied | 5,125 | 85.8% |
| Renter-occupied | 845 | 14.2% |
1-unit, detached87.3%
1-unit, attached2.2%
2 to 4 units1.9%
5 to 19 units5.3%
20 or more units3.1%
Mobile home & other0.2%
Units in structure
| Count | Share | |
|---|---|---|
| 1-unit, detached | 5,610 | 87.3% |
| 1-unit, attached | 141 | 2.2% |
| 2 to 4 units | 122 | 1.9% |
| 5 to 19 units | 343 | 5.3% |
| 20 or more units | 201 | 3.1% |
| Mobile home & other | 11 | 0.2% |
Geography
- ZCTA
- 48362
- Land area
- 10 sq mi
- Water area
- 1.54 sq mi
- Center point
- 42.7824, -83.2694
Counties this ZIP covers
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)