Troy, MI · standard
ZIP Code 48084
Oakland County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 14,231
- 889/sq mi High-density area
- $107,098
- Median income Above-median income area
- $444,200
- Median home value Above-median home value
- 73.0%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Troy pairs an upper-quartile household income with upper-quartile home values, in a low-density, mixed-tenure area.
- Top 15%
- household income, US ZIPs
- Top 17%
- home value, US ZIPs
- 889
- people per sq mi
- 46%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 48084 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 48084 (Troy, MI) rose +13.5% from 2023 to 2024. The all-transactions index moved from 182.5 in 2023 to 207.1 in 2024 (2000 = 100).
ZIP code 48084 is a mid-sized community (a standard USPS delivery area) in Troy, Oakland County, Michigan, home to 14,231 residents across 16.0 square miles, a density of 889 people per square mile, in the Detroit time zone.
ZIP 48084 lands in the middle-income range, with a median household income of $107,098 (46% above the average Michigan ZIP), while per-capita income is $60,301. The poverty rate is 5.6%, with unemployment at 6.3%; those measures add context to the income figure. Housing costs run above the statewide ZIP benchmark while renting is common: median home value is $444,200 (102% above the average Michigan ZIP), with only 45.8% owner-occupied homes and median rent of $1,671.
This is a highly-educated ZIP: 73.0% of adults hold a bachelor's degree or higher, the median age is 37.7, and the average commute is 21 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Oakland County, so 48084 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 48084
Top 5 sectors by establishment count in Troy, MI
Which industries have the most business establishments in ZIP 48084.
- Professional, scientific, and technical services
Professional, scientific, and technical services
377 establishments
- Administrative and support and waste management and remediation services
Administrative and support and waste management and remediation services
346 establishments
- Retail trade
Retail trade
234 establishments
- Finance and insurance
Finance and insurance
222 establishments
- Health care and social assistance
Health care and social assistance
167 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 48084, 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
14,231
Population
16.0
Area (sq mi)
889
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 48084?
37.7
Median Age
50.9%
Male
49.1%
Female
36.9%
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?
$107,098
Median Household Income
+46% vs state ZIP avg
$60,301
Per Capita Income
5.6%
Poverty Rate
6.3%
Unemployment Rate
21.1 min
Mean Commute Time
How ZIP 48084 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)
$107,098 Top 9% higher than 91% 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
7,365housing units
7,365
Total Housing Units
6,936
Occupied Units
429
Vacant Units
2.30
Avg Household Size
Occupancy Type
$444,200
Median Home Value
+102% vs state ZIP avg
$1,671
Median Rent
1975
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
+13.5%
YoY Change (2024)
207
HPI Index (2000 = 100)
+107%
Total Change Since 2000
Home values in ZIP 48084 have increased 13.5% over the past year (2024). Since 2000, this ZIP has seen +107% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +0.7% | 140 |
| 2021 | +7.0% | 150 |
| 2022 | +10.9% | 166 |
| 2023 | +9.8% | 182 |
| 2024 | +13.5% | 207 |
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 1,923 business establishments in ZIP 48084, employing approximately 42,532 people with a combined annual payroll of $3,282,697,000.
1,923
Businesses
42,532
Employees
$3.3B
Annual Payroll
17
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 377 | 19.6% |
| Administrative and support and waste management and remediation services | 346 | 18.0% |
| Retail trade | 234 | 12.2% |
| Finance and insurance | 222 | 11.5% |
| Health care and social assistance | 167 | 8.7% |
| Wholesale trade | 115 | 6.0% |
| Accommodation and food services | 94 | 4.9% |
| Real estate and rental and leasing | 68 | 3.5% |
| Other services (except public administration) | 65 | 3.4% |
| Manufacturing | 59 | 3.1% |
| Construction | 51 | 2.6% |
| Information | 41 | 2.1% |
| Management of companies and enterprises | 26 | 1.4% |
| Educational services | 23 | 1.2% |
| Transportation and warehousing | 21 | 1.1% |
| Arts, entertainment, and recreation | 7 | 0.4% |
| Industries not classified | 3 | 0.2% |
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 48084 vs 48098 →
ZIP 48084 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48073
Royal Oak (48073)
32,798 residents
- 48237
Oak Park (48237)
29,319 residents
- 48085
Troy (48085)
24,660 residents
- 48083
Troy (48083)
22,507 residents
- 48009
Birmingham (48009)
20,107 residents
- 48098
Troy (48098)
19,582 residents
- 48304
Bloomfield Hills (48304)
16,009 residents
- 48072
Berkley (48072)
14,970 residents
- 48084
Troy (48084)
14,231 residents
What this shows Among its immediate neighbors, ZIP 48084 ranks #9 by population - useful context the national average alone can't give.
ZIP 48084 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48070
Huntington Woods (48070)
$190,150 median income
- 48098
Troy (48098)
$164,759 median income
- 48009
Birmingham (48009)
$153,401 median income
- 48085
Troy (48085)
$146,390 median income
- 48304
Bloomfield Hills (48304)
$143,204 median income
- 48072
Berkley (48072)
$116,239 median income
- 48084
Troy (48084)
$107,098 median income
- 48073
Royal Oak (48073)
$91,627 median income
- 48083
Troy (48083)
$90,794 median income
What this shows By household income, ZIP 48084 ranks #7 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 48098 | Troy, MI | 19,582 | 2.7 mi |
| 48017 | Clawson, MI | 11,805 | 2.1 mi |
| 48073 | Royal Oak, MI | 32,798 | 2.9 mi |
| 48009 | Birmingham, MI | 20,107 | 2.4 mi |
| 48083 | Troy, MI | 22,507 | 3.0 mi |
| 48072 | Berkley, MI | 14,970 | 4.4 mi |
| 48304 | Bloomfield Hills, MI | 16,009 | 3.5 mi |
| 48070 | Huntington Woods, MI | 6,238 | 5.5 mi |
| 48085 | Troy, MI | 24,660 | 4.0 mi |
| 48237 | Oak Park, MI | 29,319 | 6.6 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 48084, 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 (14,231 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 48084 in?
ZIP code 48084 (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 48084?
ZIP code 48084 in Troy, MI has a population of 14,231 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 48084?
The median household income in ZIP 48084 is $107,098, which is 40% above the national average of $76,288.
What is the average home value in ZIP 48084?
The median home value in ZIP 48084 is $444,200, which is 60% above the national average of $278,155.
What is the demographic makeup of ZIP 48084?
The largest racial group in ZIP 48084 is White at 53.4%. Hispanic or Latino residents make up 3.3% of the population.
How many businesses are in ZIP code 48084?
ZIP code 48084 has 1,923 business establishments employing approximately 42,532 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 48084?
The top industries by establishment count in ZIP 48084 are: Professional, scientific, and technical services (377), Administrative and support and waste management and remediation services (346), Retail trade (234). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 48084?
According to the FHFA House Price Index, home values in ZIP 48084 increased by 13.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 107%. 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 48084?
In ZIP code 48084, 81.5% of residents aged 25+ have a high school diploma or higher, and 73.0% 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 48084?
The mean commute time for workers in ZIP code 48084 is 21.1 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 48084?
In ZIP code 48084, approximately 45.8% of occupied housing units are owner-occupied and 54.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 48084?
The poverty rate in ZIP code 48084 is 5.6% 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 48084's numbers, next.
- See how ZIP 48084 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
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.