48329 ZIP Code – Waterford, Michigan

Located in Waterford, Michigan, ZIP code 48329 is a large ZIP code within Oakland County with a population of approximately 23,932 residents. At $86,768, the median household income here runs above the Michigan average and above the U.S. average. At $234,600, median home values run near the national average, with 89.4% owner-occupied housing (increasing). . Median rent is $1,351, which is above the U.S. average. Housing consists of 95% single-family (increasing).

At 3.3%, the unemployment rate is below the national figure. An estimated 5.2% of the population falls below the poverty line, well below the national figure. An estimated 29.2% of adults hold a bachelor's degree or higher, near the national average. Residents have a median age of 44.2, near the U.S. median. Neighboring ZIP codes include 48346, 48327, 48328.

ZIP Code 48329 Data

Population 23,932
Median Household Income $86,768
Median Home Value $234,600
Median Rent $1,351
Median Age 44.2
Unemployment Rate 3.3%
Poverty Rate 5.2%
Bachelor's Degree or Higher 29.2%
State Michigan

ZIP 48329 vs. Michigan vs. U.S.

MetricZIP 48329MI Avg.U.S. Avg.
Population23k10k10k
Median Household Income$86k$68k$73k
Median Home Value$234k$190k$258k
Median Rent$1,351$949$1,088
Median Age44.244.743.2
Unemployment Rate3.3%5.6%5.0%
Poverty Rate5.2%12.5%13.3%
Bachelor's Degree or Higher29.2%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
48346 CLARKSTON 23,212 $92,024
48327 WATERFORD 20,878 $72,336
48328 WATERFORD 25,717 $65,687
48386 WHITE LAKE 18,043 $88,119
48340 PONTIAC 25,957 $46,270