| ZIP Code | 48331 |
|---|---|
| City | Farmington |
| State | Michigan (MI) |
| County | Oakland County |
| Area Code | 248 |
| Elevation | 880 ft |
| Latitude | 42.502486 |
|---|---|
| Longitude | -83.408936 |
| Timezone | Detroit (DST) |
| FIPS | 26125 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 46.5 yrs ↑ 2% since 2019 |
|---|---|
| Avg Household Size | 2.45 |
| Below Poverty | 6.3% ▼ 37% below avg |
| College Grads | 74.8% ▲ 93% above avg |
| Unemployment | 6.7% ▲ 38% above avg |
| No HS Diploma | 155 (1%) |
| HS Graduate | 1,593 (10.1%) |
| Some College | 769 (4.9%) |
| Associates | 1,461 (9.3%) |
| Bachelors | 1,238 (7.9%) |
| Graduate Degree | 10,553 (66.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $121,101 ▲ 59% above avg ↑ 12% since 2019 |
|---|---|
| Median Home Value | $383,200 ▲ 37% above avg ↑ 24% since 2019 |
| Home/Income Ratio | 3.2x (nat avg ~3.5x) |
| Median Rent | $1,743/mo ↑ 17% since 2019 |
| Total Units | 9,297 |
| Vacant Units | 351 |
| Avg HH Size | 2.45 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 9,297 |
|---|---|
| Vacant | 351 |
| Owner Occupied | 76.4% |
| Renter Occupied | 23.6% |
| Avg HH Size | 2.45 |
ZIP code 48331 is located in Farmington, Michigan, within Oakland County. With a population of 22,033, this is a moderately populated ZIP code with a mature community — the median age is 46.5 years. Economically, 48331 is a upper-middle-income ZIP code: the median household income of $121,101 is significantly above the national average.
Real estate in ZIP code 48331 represents a mid-range housing market. The median home value of $383,200 is above the national average. Renters can expect to pay around $1,743 per month in median rent. Homeownership is strong here — 76.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 24% since 2019.
The population of 48331 is majority White (64.82%). Residents are highly educated — 74.8% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 6.3%. Household income has grown by 12% since 2019.
The unemployment rate in 48331 stands at 6.7%, which is above the national average. About 21% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 74%.
Overall, ZIP code 48331 in Farmington, MI is characterized as upper-middle-income, highly educated, a mature community, and predominantly owner-occupied. With 22,033 residents, a median household income of $121,101, and a median home value of $383,200, it offers a clear picture of life in this part of Michigan.