48371 ZIP Code – Oxford, Michigan
Located in Oxford, Michigan, ZIP code 48371 is a large ZIP code within Oakland County with a population of approximately 26,098 residents. The median household income of $107,643 is well above the Michigan average and above the national average. The median home value of $329,100 is above the national average, with 88.4% owner-occupied housing (increasing). ; median rent of $1,094 is similarly near the national average. Housing consists of 85% single-family (decreasing).
The unemployment rate is 5.1%, near the national average. The poverty rate is 5.8%, well below the national average. About 41.8% of residents have completed a four-year degree, well above the national rate. At 40.7, the median age is near the national figure. The surrounding area includes ZIP codes 48362, 48370, 48455.
ZIP Code 48371 Data
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ZIP 48371 vs. Michigan vs. U.S.
| Metric | ZIP 48371 | MI Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 26k | 10k | 10k |
| Median Household Income | $107k | $68k | $73k |
| Median Home Value | $329k | $190k | $258k |
| Median Rent | $1,094 | $949 | $1,088 |
| Median Age | 40.7 | 44.7 | 43.2 |
| Unemployment Rate | 5.1% | 5.6% | 5.0% |
| Poverty Rate | 5.8% | 12.5% | 13.3% |
| Bachelor's Degree or Higher | 41.8% | 25.8% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 48362 – Lake Orion
- 48370 – Oxford
- 48455 – Metamora
- 48360 – Lake Orion
- 48462 – Ortonville
- 48367 – Leonard
- 48348 – Clarkston
- 48363 – Oakland
- 48359 – Lake Orion
- 48428 – Dryden
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 48362 | LAKE ORION | 15,053 | $101,250 |
| 48370 | OXFORD | 1,725 | $115,132 |
| 48455 | METAMORA | 7,953 | $95,966 |
| 48360 | LAKE ORION | 12,103 | $128,386 |
| 48462 | ORTONVILLE | 12,803 | $99,950 |