| ZIP Code | 48381 |
|---|---|
| City | Milford |
| State | Michigan (MI) |
| County | Oakland County |
| Area Code | 248/947 |
| Elevation | 1,006 ft |
| Latitude | 42.558412 |
|---|---|
| Longitude | -83.591793 |
| Timezone | Detroit (DST) |
| FIPS | 26125 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.4 yrs ↓ 11% since 2019 |
|---|---|
| Avg Household Size | 2.51 |
| Below Poverty | 5.5% ▼ 45% below avg |
| College Grads | 53.5% ▲ 38% above avg |
| Unemployment | 2.8% ▼ 44% below avg |
| No HS Diploma | 3 (0%) |
| HS Graduate | 2,194 (24.3%) |
| Some College | 825 (9.1%) |
| Associates | 1,182 (13.1%) |
| Bachelors | 749 (8.3%) |
| Graduate Degree | 4,087 (45.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $103,156 ▲ 35% above avg ↑ 30% since 2019 |
|---|---|
| Median Home Value | $386,800 ▲ 39% above avg ↑ 31% since 2019 |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Median Rent | $1,146/mo ↑ 3% since 2019 |
| Total Units | 5,588 |
| Vacant Units | 139 |
| Avg HH Size | 2.51 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 5,588 |
|---|---|
| Vacant | 139 |
| Owner Occupied | 81.3% |
| Renter Occupied | 18.7% |
| Avg HH Size | 2.51 |
ZIP code 48381 is located in Milford, Michigan, within Oakland County. With a population of 13,737, this is a lightly populated ZIP code with a middle-aged community — the median age is 41.4 years. Economically, 48381 is a upper-middle-income ZIP code: the median household income of $103,156 is above the national average.
Real estate in ZIP code 48381 represents a mid-range housing market. The median home value of $386,800 is above the national average. Renters can expect to pay around $1,146 per month in median rent. Homeownership is strong here — 81.3% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 31% since 2019.
The population of 48381 is primarily White (89.44%). Residents are well-educated — 53.5% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 5.5%. Household income has grown by 30% since 2019.
The unemployment rate in 48381 stands at 2.8%, which is below the national average. About 21% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 72%.
Overall, ZIP code 48381 in Milford, MI is characterized as upper-middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 13,737 residents, a median household income of $103,156, and a median home value of $386,800, it offers a clear picture of life in this part of Michigan.