48327 ZIP Code – Waterford, Michigan

48327 is a large ZIP code in Waterford, Michigan, part of Oakland County with a population of approximately 20,878 residents. The median household income is $72,336 — near the Michigan average and near the national average. The median home value of $230,500 is near the national average, with 72.2% owner-occupied housing (increasing). , with median rent coming in at $1,004 — near the national figure. Housing consists of 76% single-family (decreasing), 21% apartments (increasing).

At 4.6%, the unemployment rate is near the national figure. The poverty rate of 9.2% is below the U.S. average. An estimated 32.4% of adults hold a bachelor's degree or higher, above the national average. Residents have a median age of 40.8, near the U.S. median. The surrounding area includes ZIP codes 48328, 48386, 48329.

ZIP Code 48327 Data

Population 20,878
Median Household Income $72,336
Median Home Value $230,500
Median Rent $1,004
Median Age 40.8
Unemployment Rate 4.6%
Poverty Rate 9.2%
Bachelor's Degree or Higher 32.4%
State Michigan

ZIP 48327 vs. Michigan vs. U.S.

MetricZIP 48327MI Avg.U.S. Avg.
Population20k10k10k
Median Household Income$72k$68k$73k
Median Home Value$230k$190k$258k
Median Rent$1,004$949$1,088
Median Age40.844.743.2
Unemployment Rate4.6%5.6%5.0%
Poverty Rate9.2%12.5%13.3%
Bachelor's Degree or Higher32.4%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
48328 WATERFORD 25,717 $65,687
48386 WHITE LAKE 18,043 $88,119
48329 WATERFORD 23,932 $86,768
48324 WEST BLOOMFIELD 17,366 $140,747
48320 KEEGO HARBOR 4,329 $74,735