48331 ZIP Code – Farmington, Michigan
ZIP code 48331 is a large ZIP code located in Farmington, Michigan, within Oakland County with a population of approximately 22,152 residents. The median household income of $120,929 is well above the Michigan average and well above the national average. At $361,900, median home values run above the national average, with 78.8% owner-occupied housing (increasing). ; median rent of $1,740 is similarly well above the national average. Housing consists of 83% single-family (increasing), 12% apartments (decreasing).
The area reports an unemployment rate of 6.7%, above the national average. An estimated 6.3% of the population falls below the poverty line, well below the national figure. 66.7% of adults hold a bachelor's degree or higher, well above the U.S. average. The median age is 46.5, near the national median. Nearby ZIP codes include 48335, 48322, 48334.
ZIP Code 48331 Data
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ZIP 48331 vs. Michigan vs. U.S.
| Metric | ZIP 48331 | MI Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 22k | 10k | 10k |
| Median Household Income | $120k | $68k | $73k |
| Median Home Value | $361k | $190k | $258k |
| Median Rent | $1,740 | $949 | $1,088 |
| Median Age | 46.5 | 44.7 | 43.2 |
| Unemployment Rate | 6.7% | 5.6% | 5.0% |
| Poverty Rate | 6.3% | 12.5% | 13.3% |
| Bachelor's Degree or Higher | 66.7% | 25.8% | 26.9% |
Demographics Charts
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Education Level (adults 25+)
Nearby ZIP Codes
- 48335 – Farmington
- 48322 – West Bloomfield
- 48334 – Farmington
- 48377 – Novi
- 48375 – Novi
- 48336 – Farmington
- 48390 – Walled Lake
- 48323 – West Bloomfield
- 48152 – Livonia
- 48034 – Southfield
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 48335 | FARMINGTON | 24,229 | $95,109 |
| 48322 | WEST BLOOMFIELD | 33,174 | $111,447 |
| 48334 | FARMINGTON | 18,814 | $95,601 |
| 48377 | NOVI | 19,083 | $78,433 |
| 48375 | NOVI | 23,933 | $110,666 |