City

Leonard, MI

1 ZIP code  ·  Oakland County  ·  Michigan

👥4,548Population
💰$104,000Median HH Income▲ 36% above avg
🎂47.1Median Age
🏠$386,500Median Home Value▲ 39% above avg
🎓49.5%College Grads▲ 28% above avg
📊2.8%Unemployment▼ 44% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 48.8% Female 51.2% ♀

Race & Ethnicity

White: 93.8%Hispanic: 2.1%Black: 0.3%Asian: 0.9%Other: 2.8%Race
White93.8%
Hispanic2.1%
Black0.3%
Asian0.9%
Other2.8%

Age Breakdown

Under 5
4%
5–17
19%
18–24
7%
25–44
17%
45–64
34%
65+
8%

Key Indicators

Median Age47.1 yrs
Avg HH Size2.77
Below Poverty5.7% ▼ 44% below avg
College Grads49.5% ▲ 28% above avg
Unemployment2.8% ▼ 44% below avg
No HS Diploma20 (0.7%)
HS Graduate656 (21.6%)
Some College321 (10.6%)
Associates536 (17.7%)
Bachelors330 (10.9%)
Graduate Degree1,173 (38.6%)

Education

No HS: 0.7%HS Grad: 21.6%Some College: 10.6%Associates: 17.7%Bachelors: 10.9%Graduate: 38.6%Edu
No HS0.7%
HS Grad21.6%
Some College10.6%
Associates17.7%
Bachelors10.9%
Graduate38.6%
Housing & Income

Housing Tenure

Owner: 94.3%Renter: 5.7%Tenure
Owner94.3%
Renter5.7%

Home Value Distribution

Under $50k
2%
$50k–$100k
7%
$100k–$150k
7%
$150k–$200k
3%
$200k–$300k
18%
$300k–$500k
30%
Over $500k
34%

Financials

Median HH Income$104,000 ▲ 36% above avg
Median Home Value$386,500 ▲ 39% above avg
Home/Income Ratio3.7x (nat avg ~3.5x)
Median Rent$1,133/mo
Total Housing Units1,652
Vacant Units26

Income Distribution

Under $25k
8%
$25k–$50k
13%
$50k–$75k
14%
$75k–$100k
14%
$100k–$150k
23%
$150k–$200k
10%
Over $200k
19%
Employment & Commute

How People Get to Work

Drove Alone
87%
Walked
1%
Work From Home
11%

Commute Time

Under 15 min
16%
15–30 min
32%
30–45 min
33%
Over 45 min
19%
Housing Stock

Year Built

Before 1940
1%
1940s–1950s
5%
1960s–1970s
14%
1980s–1990s
23%
2000+
56%
About Leonard, MI

Leonard is a city in Michigan, located in Oakland County. The city spans 1 ZIP code and is home to approximately 4,548 residents. It is a mature city, with a median age of 47.1 years.

Economically, Leonard is a upper-middle-income community. The median household income of $104,000 is above the national average. Approximately 5.7% of residents live below the poverty line. The unemployment rate is 2.8%, below the national average.

The real estate market in Leonard is a mid-range housing market. Median home values stand at $386,500, which is above the national average. Renters typically pay around $1,133 per month. Homeownership is high at 94.3%, typical of suburban and family-oriented communities.

The population of Leonard is well-educated. 49.5% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (93.8%).

Leonard, MI offers residents above-average earning potential within Michigan.

ZIP Codes in Leonard
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
48367 4,548 $104,000 $386,500 $1,133 2.8% 49.5% 94.3%