ZIP Code 48362 Demographics

Oakland County, Michigan  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 48362 compared to county averages.

Total Population

15,053

↓ 98.8% vs county

Median HH Income

$101,250

↑ +9.3% vs county

Median Home Value

$293,800

↓ 3.0% vs county

Median Age

43.4 yrs

↓ +5.6% vs county

Unemployment Rate

3.3%

↑ 31.7% vs county

Income & Housing Comparison

How ZIP 48362 compares to Oakland County and Michigan overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 48362 $101k Oakland $93k Michigan $69k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 48362 $294k Oakland $303k Michigan $201k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

27.5%

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

Owner Occupancy

83.8%

of occupied housing units are owner-occupied

Median Gross Rent

$1,016

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 48362 using local Census metrics.

Median Home Value$293,800
Down Payment (20%)$58,760
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$1,866P&I: $1486 | Tax: $294 | Ins: $86
Rent (Local Median)
$1,016
Renting is CheaperRenting is estimated to save you $850/month compared to buying costs.

How Does 48362 Compare?

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

Location & Neighboring Areas

Interactive map showing ZIP code 48362 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 48362, sorted by distance.

48360 2.3 mi away oakland county 48359 4.2 mi away oakland county 48371 4.2 mi away oakland county 48370 5.4 mi away oakland county 48363 5.5 mi away oakland county 48306 7.3 mi away oakland county 48326 7.4 mi away oakland county 48367 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 48362 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.