48334 ZIP Code – Farmington, Michigan

Located in Farmington, Michigan, ZIP code 48334 is a mid-sized ZIP code within Oakland County with a population of approximately 18,814 residents. The median household income of $95,601 is above the Michigan average and above the national average. Homes in this ZIP code have a median value of $295,900, near the national average, with 62.9% owner-occupied housing (increasing). ; median rent of $1,408 is similarly above the national average. Housing consists of 61% single-family (increasing), 34% apartments (increasing), 5% duplex/multi-family.

At 4.1%, the unemployment rate is below the national figure. An estimated 6.4% of the population falls below the poverty line, well below the national figure. An estimated 59.0% of adults hold a bachelor's degree or higher, well above the national average. The population has a median age of 42.3, near the national median. Neighboring ZIP codes include 48322, 48336, 48331.

ZIP Code 48334 Data

Population 18,814
Median Household Income $95,601
Median Home Value $295,900
Median Rent $1,408
Median Age 42.3
Unemployment Rate 4.1%
Poverty Rate 6.4%
Bachelor's Degree or Higher 59.0%
State Michigan

ZIP 48334 vs. Michigan vs. U.S.

MetricZIP 48334MI Avg.U.S. Avg.
Population18k10k10k
Median Household Income$95k$68k$73k
Median Home Value$295k$190k$258k
Median Rent$1,408$949$1,088
Median Age42.344.743.2
Unemployment Rate4.1%5.6%5.0%
Poverty Rate6.4%12.5%13.3%
Bachelor's Degree or Higher59.0%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
48322 WEST BLOOMFIELD 33,174 $111,447
48336 FARMINGTON 27,558 $87,165
48331 FARMINGTON 22,152 $120,929
48034 SOUTHFIELD 15,146 $56,351
48335 FARMINGTON 24,229 $95,109