48083 ZIP Code – Troy, Michigan

48083 is a large ZIP code in Troy, Michigan, part of Oakland County with a population of approximately 23,540 residents. The median household income of $86,105 is above the Michigan average and above the national average. Homes in this ZIP code have a median value of $284,200, near the national average, with 62.2% owner-occupied housing (increasing). . Median rent is $1,259, which is above the U.S. average. Housing consists of 67% single-family (decreasing), 28% apartments (increasing).

At 4.0%, the unemployment rate is below the national figure. The poverty rate is 9.3%, below the national average. An estimated 53.0% of adults hold a bachelor's degree or higher, well above the national average. The population has a median age of 40.9, near the national median. Nearby ZIP codes include 48017, 48310, 48084.

ZIP Code 48083 Data

Population 23,540
Median Household Income $86,105
Median Home Value $284,200
Median Rent $1,259
Median Age 40.9
Unemployment Rate 4.0%
Poverty Rate 9.3%
Bachelor's Degree or Higher 53.0%
State Michigan

ZIP 48083 vs. Michigan vs. U.S.

MetricZIP 48083MI Avg.U.S. Avg.
Population23k10k10k
Median Household Income$86k$68k$73k
Median Home Value$284k$190k$258k
Median Rent$1,259$949$1,088
Median Age40.944.743.2
Unemployment Rate4.0%5.6%5.0%
Poverty Rate9.3%12.5%13.3%
Bachelor's Degree or Higher53.0%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
48017 CLAWSON 11,334 $83,059
48310 STERLING HEIGHTS 43,232 $73,422
48084 TROY 15,571 $106,250
48085 TROY 27,514 $137,222
48071 MADISON HEIGHTS 28,521 $63,224