ZIP Code 48162
standardSource:
Monroe · Monroe County · Michigan
- Population
- 29,344
- Median income
- $67,876
- Median home value
- $200,200
- Bachelor's or higher
- 22.5%
- Land area
- 147.5 sq mi
199/sq mi
▼ 11% vs US
higher than 43% of US ZIPs
▼ 28% vs US
higher than 43% of US ZIPs
Median age 43.9
Detroit
ZIP code 48162 in Monroe, Michigan has a population of 29,344. The median household income is $67,876, which is 11% below the national average. Median home value is $200,200, 28% below the US average. 22.5% of residents hold a bachelor's degree or higher.
ZIP code 48162 is classified by USPS as a standard delivery area and covers roughly 147.5 square miles in Monroe, Monroe County, Michigan. The area is home to 29,344 residents, producing a population density of 199 people per square mile, and falls within the Detroit time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 48162 against Michigan and the nation.
On the economic side, the median household income for ZIP 48162 sits at $67,876 (7% below the Michigan average), while per-capita income is $36,647. The poverty rate stands at 13.8% and the unemployment rate at 4.3%. On housing, the median home value is $200,200 (9% below the state average) with median rent at $925 per month, and 76.6% of occupied units are owner-occupied, a direct signal of whether 48162 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 22.5% of adults hold a bachelor's degree or higher, the median age is 43.9, and the average commute is 24 minutes. We also surface 8 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Monroe County, so you can benchmark 48162 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 48162
Top 5 sectors by establishment count
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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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
$36,647
Per Capita Income
13.8%
Poverty Rate
4.3%
Unemployment Rate
23.6 min
Mean Commute Time
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?
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
$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 →
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Frequently Asked Questions
What county is ZIP code 48162 in? ▼
What is the population of ZIP code 48162? ▼
What is the median household income in ZIP 48162? ▼
What is the average home value in ZIP 48162? ▼
What is the demographic makeup of ZIP 48162? ▼
How many businesses are in ZIP code 48162? ▼
What are the main industries in ZIP code 48162? ▼
How have home values changed in ZIP code 48162? ▼
What is the education level in ZIP code 48162? ▼
What is the average commute time in ZIP 48162? ▼
What percentage of residents own vs. rent in ZIP 48162? ▼
What is the poverty rate in ZIP code 48162? ▼
ZIP Code Research Guides
Official Data Resources for Monroe, MI
Verify and explore additional data for this area using these official government sources.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023). Business data: Source: Census ZIP Code Business Patterns (ZBP) 2023. Home value trends: Source: FHFA House Price Index (HPI), Five-Digit ZIP Codes.
PlainZIP is not affiliated with the U.S. Census Bureau or any government agency.
Read our methodology , how this data is sourced, computed, and verified.