ZIP Code 48320 Demographics

Oakland County, Michigan  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 48320 compared to county averages.

Total Population

4,329

↓ 99.7% vs county

Median HH Income

$74,735

↓ 19.3% vs county

Median Home Value

$273,800

↓ 9.6% vs county

Median Age

44.5 yrs

↓ +8.3% vs county

Unemployment Rate

4.2%

↑ 11.3% vs county

Income & Housing Comparison

How ZIP 48320 compares to Oakland County and Michigan overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 48320 $75k Oakland $93k Michigan $69k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 48320 $274k Oakland $303k Michigan $201k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

26.6%

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

Owner Occupancy

74.2%

of occupied housing units are owner-occupied

Median Gross Rent

$1,124

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 48320 using local Census metrics.

Median Home Value$273,800
Down Payment (20%)$54,760
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$1,738P&I: $1384 | Tax: $274 | Ins: $80
Rent (Local Median)
$1,124
Renting is CheaperRenting is estimated to save you $614/month compared to buying costs.

How Does 48320 Compare?

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

Location & Neighboring Areas

Interactive map showing ZIP code 48320 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 48320, sorted by distance.

48328 2.4 mi away oakland county 48324 3.0 mi away oakland county 48323 3.5 mi away oakland county 48327 4.5 mi away oakland county 48322 5.3 mi away oakland county 48329 5.8 mi away oakland county 48025 7.3 mi away oakland county 48386 7.7 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 48320 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.