ZIP Code 48162 Demographics

Monroe County, Michigan  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 48162 compared to county averages.

Total Population

28,740

↓ 81.4% vs county

Median HH Income

$67,774

↓ 6.6% vs county

Median Home Value

$173,700

↓ 14.1% vs county

Median Age

43.2 yrs

↓ +1.4% vs county

Unemployment Rate

4.5%

↑ 21.3% vs county

Income & Housing Comparison

How ZIP 48162 compares to Monroe County and Michigan overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 48162 $68k Monroe $73k Michigan $69k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 48162 $174k Monroe $202k Michigan $201k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

15.8%

of adults 25+ hold a bachelor's degree or higher

Owner Occupancy

75.2%

of occupied housing units are owner-occupied

Median Gross Rent

$901

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 48162 using local Census metrics.

Median Home Value$173,700
Down Payment (20%)$34,740
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$1,103P&I: $878 | Tax: $174 | Ins: $51
Rent (Local Median)
$901
Renting is CheaperRenting is estimated to save you $202/month compared to buying costs.

How Does 48162 Compare?

Enter another ZIP code to see a side-by-side comparison.

Location & Neighboring Areas

Interactive map showing ZIP code 48162 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 48162, sorted by distance.

48161 4.1 mi away monroe county 48117 6.3 mi away monroe county 48159 7.5 mi away monroe county 48145 7.7 mi away monroe county 48140 9.3 mi away monroe county 48164 11.7 mi away wayne county 48191 12.8 mi away washtenaw county 48190 14.3 mi away washtenaw county

About Monroe County

Monroe County is located in Michigan and has a total population of 154,823. The county's median household income is $72,573 and median home value is $202,200. ZIP code 48162 is one of many ZCTAs within this county.

View all ZIP codes in Monroe County

Data source: American Community Survey (ACS) 2022 5-Year Estimates, U.S. Census Bureau. ZCTAs (ZIP Code Tabulation Areas) are used as proxies for USPS ZIP codes. Some USPS ZIP codes may not have a corresponding ZCTA.