| ZIP Code | 48073 |
|---|---|
| City | Royal Oak |
| State | Michigan (MI) |
| County | Oakland County |
| Area Code | 248/313/947 |
| Elevation | 669 ft |
| Latitude | 42.519181 |
|---|---|
| Longitude | -83.164361 |
| Timezone | Detroit (DST) |
| FIPS | 26125 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.0 yrs ↑ 3% since 2019 |
|---|---|
| Avg Household Size | 2.02 |
| Below Poverty | 6.0% ▼ 40% below avg |
| College Grads | 65.3% ▲ 68% above avg |
| Unemployment | 2.8% ▼ 43% below avg |
| No HS Diploma | 318 (1.3%) |
| HS Graduate | 3,266 (13.3%) |
| Some College | 1,762 (7.2%) |
| Associates | 3,208 (13%) |
| Bachelors | 1,538 (6.2%) |
| Graduate Degree | 14,548 (59%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $86,426 ▲ 13% above avg ↑ 10% since 2019 |
|---|---|
| Median Home Value | $302,800 ▲ 9% above avg ↑ 39% since 2019 |
| Home/Income Ratio | 3.5x (nat avg ~3.5x) |
| Median Rent | $1,245/mo ↑ 22% since 2019 |
| Total Units | 17,551 |
| Vacant Units | 1,085 |
| Avg HH Size | 2.02 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 17,551 |
|---|---|
| Vacant | 1,085 |
| Owner Occupied | 65.6% |
| Renter Occupied | 34.4% |
| Avg HH Size | 2.02 |
ZIP code 48073 is located in Royal Oak, Michigan, within Oakland County. With a population of 33,427, this is a moderately populated ZIP code with a middle-aged community — the median age is 38 years. Economically, 48073 is a middle-income ZIP code: the median household income of $86,426 is near the national average.
Real estate in ZIP code 48073 represents a mid-range housing market. The median home value of $302,800 is near the national average. Renters can expect to pay around $1,245 per month in median rent. Homeownership is strong here — 65.6% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 39% since 2019.
The population of 48073 is primarily White (79.94%). Residents are highly educated — 65.3% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 6.0%. Household income has grown by 10% since 2019.
The unemployment rate in 48073 stands at 2.8%, which is below the national average. About 20% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 74%.
Overall, ZIP code 48073 in Royal Oak, MI is characterized as middle-income, highly educated, a middle-aged community, and predominantly owner-occupied. With 33,427 residents, a median household income of $86,426, and a median home value of $302,800, it offers a clear picture of life in this part of Michigan.