PlainZIP

Richmond, MI · standard

ZIP Code 48062

Macomb County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

9,373
92/sq mi
$82,045
Median income
$268,400
Median home value
28.5%
Bachelor's or higher

The verdict

Richmond pairs an above-median household income with above-median home values, in a rural, homeowner-dominated area.

Top 35%
household income, US ZIPs
Top 39%
home value, US ZIPs
92
people per sq mi
83%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 48062 against every reporting US ZIP.

ZIP code 48062 is a mid-sized community (a standard USPS delivery area) in Richmond, Macomb County, Michigan, home to 9,373 residents across 102.3 square miles, a density of 92 people per square mile, in the Detroit time zone.

ZIP 48062 lands in the middle-income range, with a median household income of $82,045 (12% above the Michigan average), while per-capita income is $40,530. 9.8% of residents live below the poverty line, and the unemployment rate reads 12.6%. Housing costs here run $268,400 for a typical home value (22% above the state average), with rent averaging $867 a month; 82.5% of homes are owner-occupied.

Educational attainment sits below the national norm: 28.5% of adults hold a bachelor's degree or higher, the median age is 39.5, and the average commute is 28 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Macomb County, so you can benchmark 48062 against its immediate geography rather than a national average alone.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

Top industries in ZIP 48062

Top 5 sectors by establishment count in Richmond, MI

Which industries have the most business establishments in ZIP 48062.

establishments

What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.

Source U.S. Census Bureau · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 48062, Richmond, MI · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

9,373

Population

102.3

Area (sq mi)

92

People / sq mi

Detroit

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 48062?

39.5

Median Age

44.2%

Male

55.8%

Female

5.1%

Foreign-Born

White 89.9%
African American 3.8%
Asian 0.0%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 3.5%
Hispanic or Latino 3.5%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$82,045

Median Household Income

+12% vs state

$40,530

Per Capita Income

9.8%

Poverty Rate

12.6%

Unemployment Rate

28.1 min

Mean Commute Time

How ZIP 48062 ranks nationally

Richmond, MI household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$82,045 Top 35% higher than 65% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). This entry sits in this band. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 57.0%
Bachelor's Degree or Higher 28.5%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

3,691

Total Housing Units

3,596

Occupied Units

95

Vacant Units

2.55

Avg Household Size

Occupancy Type

Owner 82.5%
Renter 17.5%

$268,400

Median Home Value

+22% vs state

$867

Median Rent

1980

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How have home values changed over time?

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+8.0%

YoY Change (2024)

176

HPI Index (2000 = 100)

+76%

Total Change Since 2000

Home values in ZIP 48062 have increased 8.0% over the past year (2024). Since 2000, this ZIP has seen +76% cumulative appreciation.

Year Annual Change HPI Index
2020 +5.8% 129
2021 +10.7% 142
2022 +10.7% 157
2023 +3.6% 163
2024 +8.0% 176

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 229 business establishments in ZIP 48062, employing approximately 2,545 people with a combined annual payroll of $113,615,000.

229

Businesses

2,545

Employees

$113.6M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Retail trade 38 16.6%
Health care and social assistance 34 14.8%
Other services (except public administration) 27 11.8%
Accommodation and food services 25 10.9%
Construction 24 10.5%
Manufacturing 16 7.0%
Finance and insurance 13 5.7%
Professional, scientific, and technical services 11 4.8%
Administrative and support and waste management and remediation services 10 4.4%
Wholesale trade 8 3.5%
Information 5 2.2%
Real estate and rental and leasing 4 1.8%
Management of companies and enterprises 4 1.8%
Transportation and warehousing 3 1.3%
Educational services 3 1.3%
Arts, entertainment, and recreation 3 1.3%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nearby ZIP Codes

Want a side-by-side? Compare 48062 vs 48050 →

ZIP 48062 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 48062 ranks the most populous - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 48062 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 48062 ranks #8 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
48050 New Haven, MI 1,653 4.4 mi
48041 Memphis, MI 4,561 6.2 mi
48048 New Haven, MI 7,548 7.4 mi
48005 Armada, MI 5,379 6.2 mi
48063 Columbus, MI 4,070 6.3 mi
48096 Ray, MI 3,739 8.6 mi
48064 Casco, MI 4,107 8.6 mi
48027 Goodells, MI 3,249 8.9 mi
48002 Allenton, MI 3,285 8.9 mi
48023 Fair Haven, MI 5,178 12.5 mi

More ZIP Codes in Macomb County

48044 standard
Macomb, MI
Pop: 52,289
48066 standard
Roseville, MI
Pop: 47,388
48310 standard
Sterling Heights, MI
Pop: 42,766
48038 standard
Clinton Township, MI
Pop: 41,057
48047 standard
New Baltimore, MI
Pop: 39,415
48035 standard
Clinton Township, MI
Pop: 34,788

Related Areas

Macomb County Richmond, MI Michigan

Frequently Asked Questions

What county is ZIP code 48062 in? ▼
ZIP code 48062 (Richmond) is located in Macomb County, Michigan. Macomb County contains multiple ZIP codes, see the full list at /counties/macomb-mi.
What is the population of ZIP code 48062? ▼
ZIP code 48062 in Richmond, MI has a population of 9,373 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 48062? ▼
The median household income in ZIP 48062 is $82,045, which is 8% above the national average of $76,288.
What is the average home value in ZIP 48062? ▼
The median home value in ZIP 48062 is $268,400, which is 4% below the national average of $278,155.
What is the demographic makeup of ZIP 48062? ▼
The largest racial group in ZIP 48062 is White at 89.9%. Hispanic or Latino residents make up 3.5% of the population.
How many businesses are in ZIP code 48062? ▼
ZIP code 48062 has 229 business establishments employing approximately 2,545 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 48062? ▼
The top industries by establishment count in ZIP 48062 are: Retail trade (38), Health care and social assistance (34), Other services (except public administration) (27). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 48062? ▼
According to the FHFA House Price Index, home values in ZIP 48062 increased by 8.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 76%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 48062? ▼
In ZIP code 48062, 57.0% of residents aged 25+ have a high school diploma or higher, and 28.5% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 48062? ▼
The mean commute time for workers in ZIP code 48062 is 28.1 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 48062? ▼
In ZIP code 48062, approximately 82.5% of occupied housing units are owner-occupied and 17.5% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 48062? ▼
The poverty rate in ZIP code 48062 is 9.8% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.