Monroe, MI · standard
ZIP Code 48162
Monroe County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 29,344
- 199/sq mi High-density area
- $67,876
- Median income Near-median income area
- $200,200
- Median home value Near-median home value
- 22.5%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Monroe pairs a below-median household income with below-median home values, in a rural, homeowner-dominated area.
- 43rd pct
- household income, US ZIPs
- 43rd pct
- home value, US ZIPs
- 199
- people per sq mi
- 77%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 48162 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 48162 (Monroe, MI) rose +4.5% from 2023 to 2024. The all-transactions index moved from 144.4 in 2023 to 151.0 in 2024 (2000 = 100).
ZIP code 48162 is a densely settled ZIP (a standard USPS delivery area) in Monroe, Monroe County, Michigan, with 29,344 residents across 147.5 square miles, a density of 199 people per square mile, in the Detroit time zone.
ZIP 48162 reports a modest median household income of $67,876 (7% below the average Michigan ZIP), while per-capita income is $36,647. The poverty rate is 13.8%, with unemployment at 4.3%; those measures add context to the income figure. Median home value is $200,200 (9% below the average Michigan ZIP) and median rent is $925; 76.6% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 22.5% of adults hold a bachelor's degree or higher, the median age is 43.9, and the average commute is 24 minutes. The page also surfaces 8 ZIP codes within roughly 10 miles and 6 more in Monroe County, so 48162 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 48162
Top 5 sectors by establishment count in Monroe, MI
Which industries have the most business establishments in ZIP 48162.
- Health care and social assistance
Health care and social assistance
121 establishments
- Retail trade
Retail trade
104 establishments
- Accommodation and food services
Accommodation and food services
76 establishments
- Other services (except public administration)
Other services (except public administration)
51 establishments
- Construction 32
Construction
32 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 48162, Monroe, 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
29,344
Population
147.5
Area (sq mi)
199
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 48162?
43.9
Median Age
50.8%
Male
49.2%
Female
2.1%
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?
$67,876
Median Household Income
-7% vs state ZIP avg
$36,647
Per Capita Income
13.8%
Poverty Rate
4.3%
Unemployment Rate
23.6 min
Mean Commute Time
How ZIP 48162 ranks among Michigan ZIPs
Monroe, 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)
$67,876 49th percentile higher than 49% 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
12,908housing units
12,908
Total Housing Units
12,031
Occupied Units
877
Vacant Units
2.29
Avg Household Size
Occupancy Type
$200,200
Median Home Value
-9% vs state ZIP avg
$925
Median Rent
1967
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
+4.5%
YoY Change (2024)
151
HPI Index (2000 = 100)
+51%
Total Change Since 2000
Home values in ZIP 48162 have increased 4.5% over the past year (2024). Since 2000, this ZIP has seen +51% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +4.4% | 110 |
| 2021 | +11.4% | 122 |
| 2022 | +10.8% | 135 |
| 2023 | +6.7% | 144 |
| 2024 | +4.5% | 151 |
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 540 business establishments in ZIP 48162, employing approximately 10,056 people with a combined annual payroll of $492,350,000.
540
Businesses
10,056
Employees
$492.4M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Health care and social assistance | 121 | 22.4% |
| Retail trade | 104 | 19.3% |
| Accommodation and food services | 76 | 14.1% |
| Other services (except public administration) | 51 | 9.4% |
| Construction | 32 | 5.9% |
| Manufacturing | 24 | 4.4% |
| Professional, scientific, and technical services | 22 | 4.1% |
| Finance and insurance | 20 | 3.7% |
| Administrative and support and waste management and remediation services | 20 | 3.7% |
| Wholesale trade | 16 | 3.0% |
| Real estate and rental and leasing | 16 | 3.0% |
| Arts, entertainment, and recreation | 13 | 2.4% |
| Transportation and warehousing | 9 | 1.7% |
| Information | 9 | 1.7% |
| Educational services | 5 | 0.9% |
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 48162 vs 48161 →
ZIP 48162 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48162
Monroe (48162)
29,344 residents
- 48161
Monroe (48161)
26,470 residents
- 48134
Flat Rock (48134)
21,408 residents
- 48166 11,569
Newport (48166)
11,569 residents
- 48117 10,124
Carleton (48117)
10,124 residents
- 48145 3,503
La Salle (48145)
3,503 residents
- 48140 3,095
Ida (48140)
3,095 residents
- 48159 2,582
Maybee (48159)
2,582 residents
- 48157 1,436
Luna Pier (48157)
1,436 residents
What this shows Among its immediate neighbors, ZIP 48162 ranks the most populous - useful context the national average alone can't give.
ZIP 48162 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48140
Ida (48140)
$109,257 median income
- 48134
Flat Rock (48134)
$92,076 median income
- 48145
La Salle (48145)
$83,204 median income
- 48117
Carleton (48117)
$78,942 median income
- 48159
Maybee (48159)
$74,519 median income
- 48166
Newport (48166)
$69,592 median income
- 48162
Monroe (48162)
$67,876 median income
- 48161
Monroe (48161)
$67,414 median income
- 48157
Luna Pier (48157)
$61,641 median income
What this shows By household income, ZIP 48162 ranks #7 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 48162, 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 (29,344 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Monroe County
Related Areas
Frequently Asked Questions
What county is ZIP code 48162 in?
ZIP code 48162 (Monroe) is located in Monroe County, Michigan. Monroe County contains multiple ZIP codes, see the full list at /counties/monroe-mi.
What is the population of ZIP code 48162?
ZIP code 48162 in Monroe, MI has a population of 29,344 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 48162?
The median household income in ZIP 48162 is $67,876, which is 11% below the national average of $76,288.
What is the average home value in ZIP 48162?
The median home value in ZIP 48162 is $200,200, which is 28% below the national average of $278,155.
What is the demographic makeup of ZIP 48162?
The largest racial group in ZIP 48162 is White at 89.9%. Hispanic or Latino residents make up 3.1% of the population.
How many businesses are in ZIP code 48162?
ZIP code 48162 has 540 business establishments employing approximately 10,056 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 48162?
The top industries by establishment count in ZIP 48162 are: Health care and social assistance (121), Retail trade (104), Accommodation and food services (76). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 48162?
According to the FHFA House Price Index, home values in ZIP 48162 increased by 4.5% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 51%. 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 48162?
In ZIP code 48162, 55.1% of residents aged 25+ have a high school diploma or higher, and 22.5% 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 48162?
The mean commute time for workers in ZIP code 48162 is 23.6 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 48162?
In ZIP code 48162, approximately 76.6% of occupied housing units are owner-occupied and 23.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 48162?
The poverty rate in ZIP code 48162 is 13.8% 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 48162's numbers, next.
- See how ZIP 48162 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Monroe, 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.