Troy, MI · standard
ZIP Code 48083
Oakland County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 22,507
- 1,006/sq mi High-density area
- $90,794
- Median income Above-median income area
- $315,800
- Median home value Above-median home value
- 52.2%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Troy pairs an above-median household income with above-median home values, in a low-density, homeowner-dominated area.
- Top 26%
- household income, US ZIPs
- Top 31%
- home value, US ZIPs
- 1,006
- people per sq mi
- 62%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 48083 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 48083 (Troy, MI) rose +5.3% from 2023 to 2024. The all-transactions index moved from 179.7 in 2023 to 189.1 in 2024 (2000 = 100).
ZIP code 48083 is a densely settled ZIP (a standard USPS delivery area) in Troy, Oakland County, Michigan, with 22,507 residents across 22.4 square miles, a density of 1,006 people per square mile, in the Detroit time zone.
ZIP 48083 lands in the middle-income range, with a median household income of $90,794 (24% above the average Michigan ZIP), while per-capita income is $46,653. The poverty rate is 9.3%, with unemployment at 4.0%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $315,800 (44% above the average Michigan ZIP), while 62.2% of occupied homes are owner-occupied and median rent is $1,340.
This is a highly-educated ZIP: 52.2% of adults hold a bachelor's degree or higher, the median age is 40.7, and the average commute is 24 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Oakland County, so 48083 can be compared with both its immediate and county-level context.
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 48083
Top 5 sectors by establishment count in Troy, MI
Which industries have the most business establishments in ZIP 48083.
- Professional, scientific, and technical services
Professional, scientific, and technical services
263 establishments
- Retail trade
Retail trade
213 establishments
- Health care and social assistance
Health care and social assistance
194 establishments
- Wholesale trade
Wholesale trade
186 establishments
- Manufacturing
Manufacturing
175 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, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 48083, Troy, 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
22,507
Population
22.4
Area (sq mi)
1,006
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 48083?
40.7
Median Age
52.5%
Male
47.5%
Female
30.6%
Foreign-Born
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?
$90,794
Median Household Income
+24% vs state ZIP avg
$46,653
Per Capita Income
9.3%
Poverty Rate
4.0%
Unemployment Rate
24.0 min
Mean Commute Time
How ZIP 48083 ranks among Michigan ZIPs
Troy, MI household income vs. every Michigan ZIP code
Median household income among 962 reporting Michigan ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$90,794 Top 18% higher than 82% of 962 Michigan ZIPs
Each bar is a $20K-wide band; taller bars hold more Michigan 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?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
10,474housing units
10,474
Total Housing Units
9,856
Occupied Units
618
Vacant Units
2.40
Avg Household Size
Occupancy Type
$315,800
Median Home Value
+44% vs state ZIP avg
$1,340
Median Rent
1976
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
+5.3%
YoY Change (2024)
189
HPI Index (2000 = 100)
+89%
Total Change Since 2000
Home values in ZIP 48083 have increased 5.3% over the past year (2024). Since 2000, this ZIP has seen +89% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +2.1% | 133 |
| 2021 | +9.8% | 146 |
| 2022 | +11.8% | 163 |
| 2023 | +10.0% | 180 |
| 2024 | +5.3% | 189 |
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 1,776 business establishments in ZIP 48083, employing approximately 38,686 people with a combined annual payroll of $2,781,832,000.
1,776
Businesses
38,686
Employees
$2.8B
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 263 | 14.8% |
| Retail trade | 213 | 12.0% |
| Health care and social assistance | 194 | 10.9% |
| Wholesale trade | 186 | 10.5% |
| Manufacturing | 175 | 9.8% |
| Accommodation and food services | 136 | 7.7% |
| Other services (except public administration) | 114 | 6.4% |
| Administrative and support and waste management and remediation services | 112 | 6.3% |
| Construction | 111 | 6.3% |
| Finance and insurance | 92 | 5.2% |
| Real estate and rental and leasing | 49 | 2.8% |
| Transportation and warehousing | 38 | 2.1% |
| Information | 28 | 1.6% |
| Management of companies and enterprises | 26 | 1.5% |
| Educational services | 19 | 1.1% |
| Arts, entertainment, and recreation | 18 | 1.0% |
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 48083 vs 48085 →
ZIP 48083 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48310
Sterling Heights (48310)
42,766 residents
- 48307
Rochester (48307)
41,369 residents
- 48073
Royal Oak (48073)
32,798 residents
- 48071
Madison Heights (48071)
29,694 residents
- 48092
Warren (48092)
25,680 residents
- 48085
Troy (48085)
24,660 residents
- 48067
Royal Oak (48067)
24,458 residents
- 48083
Troy (48083)
22,507 residents
- 48098
Troy (48098)
19,582 residents
What this shows Among its immediate neighbors, ZIP 48083 ranks #8 by population - useful context the national average alone can't give.
ZIP 48083 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48098
Troy (48098)
$164,759 median income
- 48085
Troy (48085)
$146,390 median income
- 48067
Royal Oak (48067)
$112,840 median income
- 48084
Troy (48084)
$107,098 median income
- 48307
Rochester (48307)
$106,576 median income
- 48073
Royal Oak (48073)
$91,627 median income
- 48083
Troy (48083)
$90,794 median income
- 48017
Clawson (48017)
$88,812 median income
- 48310
Sterling Heights (48310)
$78,058 median income
What this shows By household income, ZIP 48083 ranks #7 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 48085 | Troy, MI | 24,660 | 3.0 mi |
| 48017 | Clawson, MI | 11,805 | 2.2 mi |
| 48310 | Sterling Heights, MI | 42,766 | 2.5 mi |
| 48084 | Troy, MI | 14,231 | 3.0 mi |
| 48071 | Madison Heights, MI | 29,694 | 3.5 mi |
| 48073 | Royal Oak, MI | 32,798 | 3.6 mi |
| 48067 | Royal Oak, MI | 24,458 | 4.7 mi |
| 48092 | Warren, MI | 25,680 | 4.2 mi |
| 48098 | Troy, MI | 19,582 | 4.3 mi |
| 48307 | Rochester, MI | 41,369 | 7.1 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 48083, both outside MI so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (22,507 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Oakland County
Related Areas
Frequently Asked Questions
What county is ZIP code 48083 in?
ZIP code 48083 (Troy) 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 48083?
ZIP code 48083 in Troy, MI has a population of 22,507 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 48083?
The median household income in ZIP 48083 is $90,794, which is 19% above the national average of $76,288.
What is the average home value in ZIP 48083?
The median home value in ZIP 48083 is $315,800, which is 14% above the national average of $278,155.
What is the demographic makeup of ZIP 48083?
The largest racial group in ZIP 48083 is White at 64.1%. Hispanic or Latino residents make up 3.7% of the population.
How many businesses are in ZIP code 48083?
ZIP code 48083 has 1,776 business establishments employing approximately 38,686 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 48083?
The top industries by establishment count in ZIP 48083 are: Professional, scientific, and technical services (263), Retail trade (213), Health care and social assistance (194). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 48083?
According to the FHFA House Price Index, home values in ZIP 48083 increased by 5.3% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 89%. 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 48083?
In ZIP code 48083, 69.7% of residents aged 25+ have a high school diploma or higher, and 52.2% 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 48083?
The mean commute time for workers in ZIP code 48083 is 24.0 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 48083?
In ZIP code 48083, approximately 62.2% of occupied housing units are owner-occupied and 37.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 48083?
The poverty rate in ZIP code 48083 is 9.3% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 48083's numbers, next.
- See how ZIP 48083 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Troy, MI ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.