48340 ZIP Code – Pontiac, Michigan
ZIP code 48340 is a large ZIP code located in Pontiac, Michigan, within Oakland County with a population of approximately 25,957 residents. The median household income is $46,270 — below the Michigan average and below the national average. At $89,900, median home values run well below the national average, with 45.7% owner-occupied housing (increasing). , and the median rent of $1,027 is near the national average. Housing consists of 63% single-family (increasing), 27% apartments (decreasing), 9% duplex/multi-family.
At 10.9%, the unemployment rate is well above the national figure. An estimated 22.8% of the population falls below the poverty line, well above the national figure. Bachelor's degree attainment is 14.6%, well below the national average. Residents have a median age of 35.1, below the U.S. median. Nearby ZIP codes include 48326, 48342, 48341.
ZIP Code 48340 Data
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ZIP 48340 vs. Michigan vs. U.S.
| Metric | ZIP 48340 | MI Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 25k | 10k | 10k |
| Median Household Income | $46k | $68k | $73k |
| Median Home Value | $89k | $190k | $258k |
| Median Rent | $1,027 | $949 | $1,088 |
| Median Age | 35.1 | 44.7 | 43.2 |
| Unemployment Rate | 10.9% | 5.6% | 5.0% |
| Poverty Rate | 22.8% | 12.5% | 13.3% |
| Bachelor's Degree or Higher | 14.6% | 25.8% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 48326 – Auburn Hills
- 48342 – Pontiac
- 48341 – Pontiac
- 48359 – Lake Orion
- 48328 – Waterford
- 48320 – Keego Harbor
- 48329 – Waterford
- 48309 – Rochester
- 48360 – Lake Orion
- 48302 – Bloomfield Hills
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 48326 | AUBURN HILLS | 24,105 | $78,394 |
| 48342 | PONTIAC | 16,858 | $31,432 |
| 48341 | PONTIAC | 19,236 | $40,631 |
| 48359 | LAKE ORION | 10,149 | $91,236 |
| 48328 | WATERFORD | 25,717 | $65,687 |