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
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ZIP 48334 vs. Michigan vs. U.S.
| Metric | ZIP 48334 | MI Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 18k | 10k | 10k |
| Median Household Income | $95k | $68k | $73k |
| Median Home Value | $295k | $190k | $258k |
| Median Rent | $1,408 | $949 | $1,088 |
| Median Age | 42.3 | 44.7 | 43.2 |
| Unemployment Rate | 4.1% | 5.6% | 5.0% |
| Poverty Rate | 6.4% | 12.5% | 13.3% |
| Bachelor's Degree or Higher | 59.0% | 25.8% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 48322 – West Bloomfield
- 48336 – Farmington
- 48331 – Farmington
- 48034 – Southfield
- 48335 – Farmington
- 48033 – Southfield
- 48301 – Bloomfield Hills
- 48025 – Franklin
- 48323 – West Bloomfield
- 48152 – Livonia
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 |