48374 ZIP Code – Novi, Michigan
48374 is a mid-sized ZIP code in Novi, Michigan, part of Oakland County with a population of approximately 18,125 residents. The median household income of $179,940 is well above the Michigan average and well above the national average. Homes in this ZIP code have a median value of $536,100, well above the national average, with 88.8% owner-occupied housing (increasing). , with median rent coming in at $2,352 — well above the national figure. Housing consists of 87% single-family (increasing).
The area reports an unemployment rate of 2.9%, well below the national average. The poverty rate is 3.4%, well below the national average. 69.0% of adults hold a bachelor's degree or higher, well above the U.S. average. Residents have a median age of 39.2, near the U.S. median. Nearby ZIP codes include 48167, 48375, 48377.
ZIP Code 48374 Data
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ZIP 48374 vs. Michigan vs. U.S.
| Metric | ZIP 48374 | MI Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 18k | 10k | 10k |
| Median Household Income | $179k | $68k | $73k |
| Median Home Value | $536k | $190k | $258k |
| Median Rent | $2,352 | $949 | $1,088 |
| Median Age | 39.2 | 44.7 | 43.2 |
| Unemployment Rate | 2.9% | 5.6% | 5.0% |
| Poverty Rate | 3.4% | 12.5% | 13.3% |
| Bachelor's Degree or Higher | 69.0% | 25.8% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 48167 – Northville
- 48375 – Novi
- 48377 – Novi
- 48393 – Wixom
- 48168 – Northville
- 48165 – New Hudson
- 48390 – Walled Lake
- 48335 – Farmington
- 48331 – Farmington
- 48170 – Plymouth
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 48167 | NORTHVILLE | 22,830 | $109,769 |
| 48375 | NOVI | 23,933 | $110,666 |
| 48377 | NOVI | 19,083 | $78,433 |
| 48393 | WIXOM | 19,975 | $70,786 |
| 48168 | NORTHVILLE | 25,444 | $161,496 |