| ZIP Code | 48062 |
|---|---|
| City | Richmond |
| State | Michigan (MI) |
| County | Macomb County |
| Area Code | 586/810 |
| Elevation | 762 ft |
| Latitude | 42.852495 |
|---|---|
| Longitude | -82.796471 |
| Timezone | Detroit (DST) |
| FIPS | 26099 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.1 yrs |
|---|---|
| Avg Household Size | 2.56 |
| Below Poverty | 16.9% ▲ 69% above avg |
| College Grads | 37.2% ≈ Avg |
| Unemployment | 10.9% ▲ 122% above avg |
| No HS Diploma | 82 (1.4%) |
| HS Graduate | 1,853 (32%) |
| Some College | 871 (15.1%) |
| Associates | 826 (14.3%) |
| Bachelors | 561 (9.7%) |
| Graduate Degree | 1,591 (27.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $75,763 ≈ Avg ↑ 15% since 2019 |
|---|---|
| Median Home Value | $249,000 ▼ 11% below avg ↑ 27% since 2019 |
| Home/Income Ratio | 3.3x (nat avg ~3.5x) |
| Median Rent | $882/mo ↑ 22% since 2019 |
| Total Units | 3,631 |
| Vacant Units | 104 |
| Avg HH Size | 2.56 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 3,631 |
|---|---|
| Vacant | 104 |
| Owner Occupied | 81.0% |
| Renter Occupied | 19.0% |
| Avg HH Size | 2.56 |
ZIP code 48062 is located in Richmond, Michigan, within Macomb County. With a population of 9,273, this is a lightly populated ZIP code with a middle-aged community — the median age is 39.1 years. Economically, 48062 is a middle-income ZIP code: the median household income of $75,763 is near the national average.
Real estate in ZIP code 48062 represents an affordable housing market. The median home value of $249,000 is near the national average. Renters can expect to pay around $882 per month in median rent. Homeownership is strong here — 81.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 27% since 2019.
The population of 48062 is primarily White (84.30%). Residents are moderately educated — 37.2% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 16.9%. Household income has grown by 15% since 2019.
The unemployment rate in 48062 stands at 10.9%, which is more than double the national average. As in most parts of the country, driving alone is the dominant commute mode at 79%.
Overall, ZIP code 48062 in Richmond, MI is characterized as middle-income, moderately educated, a middle-aged community, and predominantly owner-occupied. With 9,273 residents, a median household income of $75,763, and a median home value of $249,000, it offers a clear picture of life in this part of Michigan.