| ZIP Code | 48329 |
|---|---|
| City | Waterford |
| State | Michigan (MI) |
| County | Oakland County |
| Area Code | 248/947 |
| Elevation | 968 ft |
| Latitude | 42.687016 |
|---|---|
| Longitude | -83.388622 |
| Timezone | Detroit (DST) |
| FIPS | 26125 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.2 yrs ↓ 3% since 2019 |
|---|---|
| Avg Household Size | 2.41 |
| Below Poverty | 5.2% ▼ 48% below avg |
| College Grads | 41.1% ≈ Avg |
| Unemployment | 3.3% ▼ 33% below avg |
| No HS Diploma | 156 (0.9%) |
| HS Graduate | 4,253 (25.1%) |
| Some College | 2,148 (12.7%) |
| Associates | 3,448 (20.3%) |
| Bachelors | 1,927 (11.4%) |
| Graduate Degree | 5,042 (29.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $85,777 ▲ 12% above avg ↑ 10% since 2019 |
|---|---|
| Median Home Value | $245,800 ▼ 12% below avg ↑ 42% since 2019 |
| Home/Income Ratio | 2.9x (nat avg ~3.5x) |
| Median Rent | $1,323/mo ↑ 2% since 2019 |
| Total Units | 10,249 |
| Vacant Units | 330 |
| Avg HH Size | 2.41 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 10,249 |
|---|---|
| Vacant | 330 |
| Owner Occupied | 89.9% |
| Renter Occupied | 10.1% |
| Avg HH Size | 2.41 |
ZIP code 48329 is located in Waterford, Michigan, within Oakland County. With a population of 24,022, this is a moderately populated ZIP code with a middle-aged community — the median age is 44.2 years. Economically, 48329 is a middle-income ZIP code: the median household income of $85,777 is near the national average.
Real estate in ZIP code 48329 represents an affordable housing market. The median home value of $245,800 is near the national average. Renters can expect to pay around $1,323 per month in median rent. Homeownership is strong here — 89.9% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 42% since 2019.
The population of 48329 is primarily White (85.87%). Residents are well-educated — 41.1% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 5.2%. Household income has grown by 10% since 2019.
The unemployment rate in 48329 stands at 3.3%, which is below the national average. About 12% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 79%.
Overall, ZIP code 48329 in Waterford, MI is characterized as middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 24,022 residents, a median household income of $85,777, and a median home value of $245,800, it offers a clear picture of life in this part of Michigan.