48067 ZIP Code – Royal Oak, Michigan

ZIP code 48067 is a large ZIP code located in Royal Oak, Michigan, within Oakland County with a population of approximately 24,285 residents. Residents earn a median household income of $102,687, which is well above the Michigan average and above the national figure. The median home value of $293,200 is near the national average, with 67.5% owner-occupied housing (increasing). . Median rent is $1,405, which is above the U.S. average. Housing consists of 73% single-family (decreasing), 21% apartments (increasing), 6% duplex/multi-family.

At 3.5%, the unemployment rate is below the national figure. An estimated 5.9% of the population falls below the poverty line, well below the national figure. About 67.1% of residents have completed a four-year degree, well above the national rate. Residents have a median age of 35.6, below the U.S. median. Nearby ZIP codes include 48069, 48070, 48071.

ZIP Code 48067 Data

Population 24,285
Median Household Income $102,687
Median Home Value $293,200
Median Rent $1,405
Median Age 35.6
Unemployment Rate 3.5%
Poverty Rate 5.9%
Bachelor's Degree or Higher 67.1%
State Michigan

ZIP 48067 vs. Michigan vs. U.S.

MetricZIP 48067MI Avg.U.S. Avg.
Population24k10k10k
Median Household Income$102k$68k$73k
Median Home Value$293k$190k$258k
Median Rent$1,405$949$1,088
Median Age35.644.743.2
Unemployment Rate3.5%5.6%5.0%
Poverty Rate5.9%12.5%13.3%
Bachelor's Degree or Higher67.1%25.8%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
48069 PLEASANT RIDGE 2,609 $164,861
48070 HUNTINGTON WOODS 6,365 $184,815
48071 MADISON HEIGHTS 28,521 $63,224
48220 FERNDALE 21,664 $80,695
48073 ROYAL OAK 33,822 $86,269