48304 ZIP Code – Bloomfield Hills, Michigan

Located in Bloomfield Hills, Michigan, ZIP code 48304 is a mid-sized ZIP code within Oakland County with a population of approximately 17,425 residents. At $147,675, the median household income here runs well above the Michigan average and well above the U.S. average. Homes in this ZIP code have a median value of $461,600, well above the national average, with 88.7% owner-occupied housing (decreasing). . Median rent is $1,681, which is well above the U.S. average. Housing consists of 83% single-family (decreasing), 7% apartments (increasing), 10% duplex/multi-family.

Unemployment stands at 3.6%, which is below the U.S. rate. An estimated 3.2% of the population falls below the poverty line, well below the national figure. About 74.5% of residents have completed a four-year degree, well above the national rate. The median age is 50.0, above the national median. The surrounding area includes ZIP codes 48098, 48009, 48302.

ZIP Code 48304 Data

Population 17,425
Median Household Income $147,675
Median Home Value $461,600
Median Rent $1,681
Median Age 50.0
Unemployment Rate 3.6%
Poverty Rate 3.2%
Bachelor's Degree or Higher 74.5%
State Michigan

ZIP 48304 vs. Michigan vs. U.S.

MetricZIP 48304MI Avg.U.S. Avg.
Population17k10k10k
Median Household Income$147k$68k$73k
Median Home Value$461k$190k$258k
Median Rent$1,681$949$1,088
Median Age50.044.743.2
Unemployment Rate3.6%5.6%5.0%
Poverty Rate3.2%12.5%13.3%
Bachelor's Degree or Higher74.5%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
48098 TROY 20,545 $157,997
48009 BIRMINGHAM 21,738 $151,556
48302 BLOOMFIELD HILLS 17,175 $167,500
48084 TROY 15,571 $106,250
48301 BLOOMFIELD HILLS 14,806 $159,833