ZIP Code 48302 Demographics

Oakland County, Michigan  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 48302 compared to county averages.

Total Population

17,175

↓ 98.7% vs county

Median HH Income

$167,500

↑ +80.8% vs county

Median Home Value

$604,200

↑ +99.5% vs county

Median Age

45.9 yrs

↓ +11.7% vs county

Unemployment Rate

7.0%

↓ +47.1% vs county

Income & Housing Comparison

How ZIP 48302 compares to Oakland County and Michigan overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 48302 $168k Oakland $93k Michigan $69k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 48302 $604k Oakland $303k Michigan $201k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

32.1%

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

Owner Occupancy

88.3%

of occupied housing units are owner-occupied

Median Gross Rent

$2,033

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 48302 using local Census metrics.

Median Home Value$604,200
Down Payment (20%)$120,840
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$3,835P&I: $3055 | Tax: $604 | Ins: $176
Rent (Local Median)
$2,033
Renting is CheaperRenting is estimated to save you $1,802/month compared to buying costs.

How Does 48302 Compare?

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

Location & Neighboring Areas

Interactive map showing ZIP code 48302 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 48302, sorted by distance.

48341 2.9 mi away oakland county 48301 2.9 mi away oakland county 48304 3.1 mi away oakland county 48342 4.1 mi away oakland county 48009 4.9 mi away oakland county 48340 5.9 mi away oakland county 48098 6.0 mi away oakland county 48084 6.3 mi away oakland county

About Oakland County

Oakland County is located in Michigan and has a total population of 1,272,264. The county's median household income is $92,620 and median home value is $302,800. ZIP code 48302 is one of many ZCTAs within this county.

View all ZIP codes in Oakland 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.