ZIP Code 48304
standardSource:
Bloomfield Hills · Oakland County · Michigan
- Population
- 16,009
- Median income
- $143,204
- Median home value
- $494,600
- Bachelor's or higher
- 75.7%
- Land area
- 29.3 sq mi
547/sq mi
▲ 88% vs US
higher than 95% of US ZIPs
▲ 78% vs US
higher than 87% of US ZIPs
Median age 49
Detroit
ZIP code 48304 in Bloomfield Hills, Michigan has a population of 16,009. The median household income is $143,204, which is 88% above the national average. Median home value is $494,600, 78% above the US average. 75.7% of residents hold a bachelor's degree or higher.
ZIP code 48304 is classified by USPS as a standard delivery area and covers roughly 29.3 square miles in Bloomfield Hills, Oakland County, Michigan. The area is home to 16,009 residents, producing a population density of 547 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 48304 against Michigan and the nation.
On the economic side, the median household income for ZIP 48304 sits at $143,204 (95% above the Michigan average), while per-capita income is $89,749. The poverty rate stands at 2.9% and the unemployment rate at 1.8%. On housing, the median home value is $494,600 (125% above the state average) with median rent at $1,468 per month, and 88.7% of occupied units are owner-occupied, a direct signal of whether 48304 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 75.7% of adults hold a bachelor's degree or higher, the median age is 49, and the average commute is 22 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Oakland County, so you can benchmark 48304 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 48304
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 48304.
- Professional, scientific, and technical services
Professional, scientific, and technical services
207 establishments
- Health care and social assistance
Health care and social assistance
106 establishments
- Finance and insurance
Finance and insurance
105 establishments
- Real estate and rental and leasing 49
Real estate and rental and leasing
49 establishments
- Administrative and support and waste management and remediation services 40
Administrative and support and waste management and remediation services
40 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 48304, Bloomfield Hills, 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
16,009
Population
29.3
Area (sq mi)
547
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 48304?
49.0
Median Age
45.7%
Male
54.3%
Female
17.7%
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?
$143,204
Median Household Income
+95% vs state
$89,749
Per Capita Income
2.9%
Poverty Rate
1.8%
Unemployment Rate
21.7 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?
7,245
Total Housing Units
6,788
Occupied Units
457
Vacant Units
2.49
Avg Household Size
Occupancy Type
$494,600
Median Home Value
+125% vs state
$1,468
Median Rent
1970
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
+13.1%
YoY Change (2024)
163
HPI Index (2000 = 100)
+63%
Total Change Since 2000
Home values in ZIP 48304 have increased 13.1% over the past year (2024). Since 2000, this ZIP has seen +63% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +1.5% | 120 |
| 2021 | +8.0% | 130 |
| 2022 | +8.1% | 140 |
| 2023 | +2.9% | 144 |
| 2024 | +13.1% | 163 |
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 710 business establishments in ZIP 48304, employing approximately 9,411 people with a combined annual payroll of $896,201,000.
710
Businesses
9,411
Employees
$896.2M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 207 | 29.1% |
| Health care and social assistance | 106 | 14.9% |
| Finance and insurance | 105 | 14.8% |
| Real estate and rental and leasing | 49 | 6.9% |
| Administrative and support and waste management and remediation services | 40 | 5.6% |
| Construction | 39 | 5.5% |
| Accommodation and food services | 30 | 4.2% |
| Wholesale trade | 27 | 3.8% |
| Retail trade | 25 | 3.5% |
| Other services (except public administration) | 25 | 3.5% |
| Manufacturing | 11 | 1.6% |
| Educational services | 11 | 1.6% |
| Arts, entertainment, and recreation | 9 | 1.3% |
| Information | 8 | 1.1% |
| Management of companies and enterprises | 7 | 1.0% |
| Transportation and warehousing | 5 | 0.7% |
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 48304 vs 48009 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 48009 | Birmingham, MI | 20,107 | 3.1 mi |
| 48302 | Bloomfield Hills, MI | 15,360 | 3.1 mi |
| 48098 | Troy, MI | 19,582 | 2.9 mi |
| 48084 | Troy, MI | 14,231 | 3.5 mi |
| 48301 | Bloomfield Hills, MI | 14,127 | 3.9 mi |
| 48076 | Southfield, MI | 25,386 | 6.2 mi |
| 48342 | Pontiac, MI | 18,407 | 4.3 mi |
| 48025 | Franklin, MI | 14,543 | 4.9 mi |
| 48341 | Pontiac, MI | 17,139 | 4.2 mi |
| 48326 | Auburn Hills, MI | 20,298 | 6.2 mi |
More ZIP Codes in Oakland County
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Frequently Asked Questions
What county is ZIP code 48304 in? ▼
What is the population of ZIP code 48304? ▼
What is the median household income in ZIP 48304? ▼
What is the average home value in ZIP 48304? ▼
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How many businesses are in ZIP code 48304? ▼
What are the main industries in ZIP code 48304? ▼
How have home values changed in ZIP code 48304? ▼
What is the education level in ZIP code 48304? ▼
What is the average commute time in ZIP 48304? ▼
What percentage of residents own vs. rent in ZIP 48304? ▼
What is the poverty rate in ZIP code 48304? ▼
ZIP Code Research Guides
Official Data Resources for Bloomfield Hills, 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.