ZIP Code 48462 Demographics

Oakland County, Michigan  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 48462 compared to county averages.

Total Population

12,803

↓ 99.0% vs county

Median HH Income

$99,950

↑ +7.9% vs county

Median Home Value

$308,200

↑ +1.8% vs county

Median Age

45.8 yrs

↓ +11.4% vs county

Unemployment Rate

4.2%

↑ 12.2% vs county

Income & Housing Comparison

How ZIP 48462 compares to Oakland County and Michigan overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 48462 $100k Oakland $93k Michigan $69k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 48462 $308k Oakland $303k Michigan $201k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

21.3%

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

Owner Occupancy

94.5%

of occupied housing units are owner-occupied

Median Gross Rent

$912

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 48462 using local Census metrics.

Median Home Value$308,200
Down Payment (20%)$61,640
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$1,956P&I: $1558 | Tax: $308 | Ins: $90
Rent (Local Median)
$912
Renting is CheaperRenting is estimated to save you $1,044/month compared to buying costs.

How Does 48462 Compare?

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

Location & Neighboring Areas

Interactive map showing ZIP code 48462 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 48462, sorted by distance.

48348 5.8 mi away oakland county 48346 8.8 mi away oakland county 48350 9.2 mi away oakland county 48442 9.8 mi away oakland county 48329 11.3 mi away oakland county 48386 13.4 mi away oakland county 48340 14.1 mi away oakland county 48327 14.2 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 48462 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.