ZIP 48326 - 860Z200US48326 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 48326, located in the heart of Michigan’s Oakland County, this demographic and housing snapshot offers a clear picture of the area. With data from 2023, we’ll break down key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Whether you’re eyeing a family home, a rental property, or a commercial space, understanding ZIP 48326’s profile is the first step to success.

Population & Households

ZIP 48326 is home to a population of 24,488 residents, making it a moderately sized community with a mix of urban and suburban characteristics. These individuals are distributed across 11,347 households, reflecting a diverse range of family structures and living arrangements. With 12,219 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate opportunities for buyers or investors looking for available properties.

Income & Housing Costs

The median household income in ZIP 48326 stands at $79,468, positioning it as a relatively affluent area compared to national averages. This income level suggests a community with solid purchasing power, which can be a draw for businesses targeting middle- to upper-middle-class consumers. On the housing front, the median home value is $235,300, offering a range of options for potential buyers, from starter homes to more upscale properties. For renters, the median rent is $1,411 per month, reflecting a competitive rental market that may appeal to investors seeking steady returns.

Race & Ethnicity

ZIP 48326 boasts a diverse population, which adds to its cultural richness and appeal for a wide range of residents and businesses. The racial composition breaks down as follows: 56.42% White, 11.16% Black, 14.7% Asian, and 10.99% Hispanic. This diversity can be a significant asset for small-business owners looking to cater to varied customer preferences or for families seeking an inclusive community with a broad cultural perspective.

Key Facts

• Total population: 24,488 residents in 2023.
• Total households: 11,347, indicating a mix of family and individual living arrangements.
• Total housing units: 12,219, suggesting some availability for new occupants or investors.
• Median household income: $79,468, reflecting a financially stable community.
• Median home value: $235,300, offering a range of housing options.
• Median rent: $1,411, pointing to a strong rental market.
• Racial diversity: 56.42% White, 14.7% Asian, 11.16% Black, and 10.99% Hispanic.

What This Means for You

For homebuyers, ZIP 48326 offers a promising mix of affordability and value with a median home price of $235,300, paired with a median income that supports a comfortable lifestyle. The slight surplus of housing units could mean less competition in certain price brackets, giving you room to negotiate.

For investors and real estate agents, the area’s rental market, with a median rent of $1,411, suggests potential for consistent cash flow, especially given the population size and income stability. The diversity of the community also means a broad tenant pool, reducing vacancy risks.

For small-business owners, the demographic diversity and solid median income of $79,468 indicate a customer base with varied needs and disposable income. Whether you’re opening a retail store, restaurant, or service-based business, ZIP 48326’s cultural mix and economic strength could support tailored offerings that resonate with locals.

For analysts, these metrics provide a foundation for deeper market studies, whether you’re assessing housing trends, economic growth, or community development opportunities. The data points to a stable, diverse area with room for strategic investments.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 48326? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing, and more, tailored to your specific needs.
• Use the insights to make data-driven decisions for your next home purchase, investment, or business venture with confidence.