PlainZIP

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
$107,098
Median income
$444,200
Median home value
73.0%
Bachelor's or higher

The verdict

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.

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 Michigan average), while per-capita income is $60,301. The poverty rate stands at 5.6% and the unemployment rate at 6.3%. On housing, the median home value is $444,200 (102% above the state average) with median rent at $1,671 per month, and 45.8% of occupied units are owner-occupied.

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. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Oakland County, so you can benchmark 48084 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 48084

Top 5 sectors by establishment count in Troy, MI

Which industries have the most business establishments in ZIP 48084.

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 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

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 48084?

37.7

Median Age

50.9%

Male

49.1%

Female

36.9%

Foreign-Born

White 53.4%
African American 5.8%
Asian 35.1%
American Indian or Alaska Native 0.2%
Native Hawaiian or Pacific Islander 0.4%
Two or More Ethnicities 3.7%
Hispanic or Latino 3.3%

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

$60,301

Per Capita Income

5.6%

Poverty Rate

6.3%

Unemployment Rate

21.1 min

Mean Commute Time

How ZIP 48084 ranks nationally

Troy, MI household income vs. every US ZIP code

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

$107,098 Top 15% higher than 85% 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%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). This entry sits in this band. $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 81.5%
Bachelor's Degree or Higher 73.0%

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

What does housing look like?

7,365

Total Housing Units

6,936

Occupied Units

429

Vacant Units

2.30

Avg Household Size

Occupancy Type

Owner 45.8%
Renter 54.2%

$444,200

Median Home Value

+102% vs state

$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.

residents

What this shows Among its immediate neighbors, ZIP 48084 ranks #9 by population - useful context the national average alone can't give.

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

ZIP 48084 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 48084 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
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

More ZIP Codes in Oakland County

48307 standard
Rochester, MI
Pop: 41,369
48073 standard
Royal Oak, MI
Pop: 32,798
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

Related Areas

Oakland County Troy, MI Michigan

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.

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