PlainZIP

Royal Oak, MI · standard

ZIP Code 48073

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

32,798
1,716/sq mi
$91,627
Median income
$323,600
Median home value
60.7%
Bachelor's or higher

The verdict

Royal Oak pairs an upper-quartile household income with above-median home values, in a low-density, homeowner-dominated area.

Top 25%
household income, US ZIPs
Top 30%
home value, US ZIPs
1,716
people per sq mi
68%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 48073 against every reporting US ZIP.

ZIP code 48073 is a densely settled ZIP (a standard USPS delivery area) in Royal Oak, Oakland County, Michigan, with 32,798 residents across 19.1 square miles, a density of 1,716 people per square mile, in the Detroit time zone.

ZIP 48073 lands in the middle-income range, with a median household income of $91,627 (25% above the Michigan average), while per-capita income is $60,812. Local economic indicators show a 6.2% poverty rate alongside 3.0% unemployment. The typical home here is valued at $323,600 (47% above the state average); renters pay a median of $1,283 monthly, and 68.4% of units are owner-occupied.

This is a highly-educated ZIP: 60.7% of adults hold a bachelor's degree or higher, the median age is 38.7, and the average commute is 23 minutes. To put 48073 in local context, 10 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Oakland County, for a geography-aware comparison.

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 48073

Top 5 sectors by establishment count in Royal Oak, MI

Which industries have the most business establishments in ZIP 48073.

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 48073, Royal Oak, 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

32,798

Population

19.1

Area (sq mi)

1,716

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 48073?

38.7

Median Age

50.2%

Male

49.8%

Female

6.4%

Foreign-Born

White 80.2%
African American 8.2%
Asian 3.8%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 6.8%
Hispanic or Latino 2.7%

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?

$91,627

Median Household Income

+25% vs state

$60,812

Per Capita Income

6.2%

Poverty Rate

3.0%

Unemployment Rate

23.3 min

Mean Commute Time

How ZIP 48073 ranks nationally

Royal Oak, MI household income vs. every US ZIP code

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

$91,627 Top 25% higher than 75% 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 72.8%
Bachelor's Degree or Higher 60.7%

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

What does housing look like?

17,497

Total Housing Units

16,354

Occupied Units

1,143

Vacant Units

2.01

Avg Household Size

Occupancy Type

Owner 68.4%
Renter 31.6%

$323,600

Median Home Value

+47% vs state

$1,283

Median Rent

1958

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

+5.6%

YoY Change (2024)

202

HPI Index (2000 = 100)

+102%

Total Change Since 2000

Home values in ZIP 48073 have increased 5.6% over the past year (2024). Since 2000, this ZIP has seen +102% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.1% 149
2021 +9.1% 163
2022 +8.8% 177
2023 +8.2% 191
2024 +5.6% 202

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 709 business establishments in ZIP 48073, employing approximately 16,949 people with a combined annual payroll of $1,096,428,000.

709

Businesses

16,949

Employees

$1.1B

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 120 16.9%
Professional, scientific, and technical services 99 14.0%
Retail trade 89 12.6%
Accommodation and food services 74 10.4%
Construction 63 8.9%
Other services (except public administration) 61 8.6%
Real estate and rental and leasing 38 5.4%
Manufacturing 35 4.9%
Administrative and support and waste management and remediation services 33 4.7%
Finance and insurance 28 4.0%
Wholesale trade 20 2.8%
Information 15 2.1%
Arts, entertainment, and recreation 14 2.0%
Transportation and warehousing 9 1.3%
Educational services 6 0.8%
Management of companies and enterprises 3 0.4%

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 48073 vs 48017 →

ZIP 48073 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 48073 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 48073 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 48073 ranks #7 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
48017 Clawson, MI 11,805 1.4 mi
48070 Huntington Woods, MI 6,238 2.6 mi
48072 Berkley, MI 14,970 1.8 mi
48084 Troy, MI 14,231 2.9 mi
48067 Royal Oak, MI 24,458 2.4 mi
48069 Pleasant Ridge, MI 2,526 3.5 mi
48237 Oak Park, MI 29,319 3.9 mi
48071 Madison Heights, MI 29,694 3.2 mi
48009 Birmingham, MI 20,107 3.2 mi
48083 Troy, MI 22,507 3.6 mi

More ZIP Codes in Oakland County

48307 standard
Rochester, MI
Pop: 41,369
48322 standard
West Bloomfield, MI
Pop: 31,265
48071 standard
Madison Heights, MI
Pop: 29,694
48237 standard
Oak Park, MI
Pop: 29,319
48309 standard
Rochester, MI
Pop: 29,135
48306 standard
Rochester, MI
Pop: 26,691

Related Areas

Oakland County Royal Oak, MI Michigan

Frequently Asked Questions

What county is ZIP code 48073 in? ▼
ZIP code 48073 (Royal Oak) is located in Oakland County, Michigan. Oakland County contains multiple ZIP codes, see the full list at /counties/oakland-mi.
What is the population of ZIP code 48073? ▼
ZIP code 48073 in Royal Oak, MI has a population of 32,798 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 48073? ▼
The median household income in ZIP 48073 is $91,627, which is 20% above the national average of $76,288.
What is the average home value in ZIP 48073? ▼
The median home value in ZIP 48073 is $323,600, which is 16% above the national average of $278,155.
What is the demographic makeup of ZIP 48073? ▼
The largest racial group in ZIP 48073 is White at 80.2%. Hispanic or Latino residents make up 2.7% of the population.
How many businesses are in ZIP code 48073? ▼
ZIP code 48073 has 709 business establishments employing approximately 16,949 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 48073? ▼
The top industries by establishment count in ZIP 48073 are: Health care and social assistance (120), Professional, scientific, and technical services (99), Retail trade (89). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 48073? ▼
According to the FHFA House Price Index, home values in ZIP 48073 increased by 5.6% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 102%. 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 48073? ▼
In ZIP code 48073, 72.8% of residents aged 25+ have a high school diploma or higher, and 60.7% 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 48073? ▼
The mean commute time for workers in ZIP code 48073 is 23.3 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 48073? ▼
In ZIP code 48073, approximately 68.4% of occupied housing units are owner-occupied and 31.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 48073? ▼
The poverty rate in ZIP code 48073 is 6.2% 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.