Rochester, MI · standard
ZIP Code 48306
Oakland County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 26,691
- 453/sq mi High-density area
- $163,684
- Median income Above-median income area
- $546,000
- Median home value Above-median home value
- 71.6%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Rochester pairs a top-decile household income with upper-quartile home values, in a low-density, homeowner-dominated area.
- Top 3%
- household income, US ZIPs
- Top 11%
- home value, US ZIPs
- 453
- people per sq mi
- 93%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 48306 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 48306 (Rochester, MI) rose +8.9% from 2023 to 2024. The all-transactions index moved from 156.4 in 2023 to 170.4 in 2024 (2000 = 100).
ZIP code 48306 is a densely settled ZIP (a standard USPS delivery area) in Rochester, Oakland County, Michigan, with 26,691 residents across 58.9 square miles, a density of 453 people per square mile, in the Detroit time zone.
ZIP 48306 skews affluent, with a median household income of $163,684 (123% above the average Michigan ZIP), while per-capita income is $72,396. Both reported hardship measures are comparatively low in absolute terms: poverty is 2.4% and unemployment is 3.9%. Housing is both higher-cost and owner-heavy: median home value is $546,000 (149% above the average Michigan ZIP), while 92.8% of occupied homes are owner-occupied and median rent is $1,709.
This is a highly-educated ZIP: 71.6% of adults hold a bachelor's degree or higher, the median age is 43.4, and the average commute is 26 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Oakland County, so 48306 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 48306
Top 5 sectors by establishment count in Rochester, MI
Which industries have the most business establishments in ZIP 48306.
- Professional, scientific, and technical services
Professional, scientific, and technical services
91 establishments
- Health care and social assistance
Health care and social assistance
60 establishments
- Construction
Construction
39 establishments
- Retail trade 27
Retail trade
27 establishments
- Other services (except public administration) 27
Other services (except public administration)
27 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 48306, Rochester, 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
26,691
Population
58.9
Area (sq mi)
453
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 48306?
43.4
Median Age
49.7%
Male
50.3%
Female
16.6%
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?
$163,684
Median Household Income
+123% vs state ZIP avg
$72,396
Per Capita Income
2.4%
Poverty Rate
3.9%
Unemployment Rate
25.8 min
Mean Commute Time
How ZIP 48306 ranks among Michigan ZIPs
Rochester, 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)
$163,684 Top 1% higher than 99% 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
10,333housing units
10,333
Total Housing Units
9,870
Occupied Units
463
Vacant Units
2.87
Avg Household Size
Occupancy Type
$546,000
Median Home Value
+149% vs state ZIP avg
$1,709
Median Rent
1991
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
+8.9%
YoY Change (2024)
170
HPI Index (2000 = 100)
+70%
Total Change Since 2000
Home values in ZIP 48306 have increased 8.9% over the past year (2024). Since 2000, this ZIP has seen +70% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +0.9% | 123 |
| 2021 | +8.6% | 133 |
| 2022 | +13.9% | 152 |
| 2023 | +3.1% | 156 |
| 2024 | +8.9% | 170 |
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 403 business establishments in ZIP 48306, employing approximately 2,601 people with a combined annual payroll of $136,563,000.
403
Businesses
2,601
Employees
$136.6M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Professional, scientific, and technical services | 91 | 22.6% |
| Health care and social assistance | 60 | 14.9% |
| Construction | 39 | 9.7% |
| Retail trade | 27 | 6.7% |
| Other services (except public administration) | 27 | 6.7% |
| Wholesale trade | 26 | 6.5% |
| Finance and insurance | 26 | 6.5% |
| Accommodation and food services | 23 | 5.7% |
| Real estate and rental and leasing | 22 | 5.5% |
| Administrative and support and waste management and remediation services | 18 | 4.5% |
| Information | 12 | 3.0% |
| Educational services | 10 | 2.5% |
| Manufacturing | 8 | 2.0% |
| Transportation and warehousing | 7 | 1.7% |
| Arts, entertainment, and recreation | 7 | 1.7% |
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 48306 vs 48363 →
ZIP 48306 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48307
Rochester (48307)
41,369 residents
- 48309
Rochester (48309)
29,135 residents
- 48306
Rochester (48306)
26,691 residents
- 48316
Utica (48316)
25,404 residents
- 48085
Troy (48085)
24,660 residents
- 48326
Auburn Hills (48326)
20,298 residents
- 48094
Washington (48094)
18,028 residents
- 48360 11,651
Lake Orion (48360)
11,651 residents
- 48359 8,044
Lake Orion (48359)
8,044 residents
What this shows Among its immediate neighbors, ZIP 48306 ranks #3 by population - useful context the national average alone can't give.
ZIP 48306 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 48363
Oakland (48363)
$179,375 median income
- 48306
Rochester (48306)
$163,684 median income
- 48085
Troy (48085)
$146,390 median income
- 48360
Lake Orion (48360)
$140,865 median income
- 48309
Rochester (48309)
$121,007 median income
- 48367
Leonard (48367)
$110,405 median income
- 48316
Utica (48316)
$107,776 median income
- 48307
Rochester (48307)
$106,576 median income
- 48094
Washington (48094)
$98,017 median income
What this shows By household income, ZIP 48306 ranks #2 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 48363 | Oakland, MI | 4,978 | 3.5 mi |
| 48307 | Rochester, MI | 41,369 | 4.6 mi |
| 48309 | Rochester, MI | 29,135 | 4.8 mi |
| 48316 | Utica, MI | 25,404 | 5.2 mi |
| 48094 | Washington, MI | 18,028 | 5.8 mi |
| 48367 | Leonard, MI | 4,727 | 8.3 mi |
| 48359 | Lake Orion, MI | 8,044 | 6.6 mi |
| 48360 | Lake Orion, MI | 11,651 | 6.3 mi |
| 48326 | Auburn Hills, MI | 20,298 | 6.2 mi |
| 48085 | Troy, MI | 24,660 | 8.6 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 48306, 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 (26,691 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 48306 in?
ZIP code 48306 (Rochester) 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 48306?
ZIP code 48306 in Rochester, MI has a population of 26,691 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 48306?
The median household income in ZIP 48306 is $163,684, which is 115% above the national average of $76,288.
What is the average home value in ZIP 48306?
The median home value in ZIP 48306 is $546,000, which is 96% above the national average of $278,155.
What is the demographic makeup of ZIP 48306?
The largest racial group in ZIP 48306 is White at 75.7%. Hispanic or Latino residents make up 5.7% of the population.
How many businesses are in ZIP code 48306?
ZIP code 48306 has 403 business establishments employing approximately 2,601 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 48306?
The top industries by establishment count in ZIP 48306 are: Professional, scientific, and technical services (91), Health care and social assistance (60), Construction (39). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 48306?
According to the FHFA House Price Index, home values in ZIP 48306 increased by 8.9% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 70%. 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 48306?
In ZIP code 48306, 78.9% of residents aged 25+ have a high school diploma or higher, and 71.6% 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 48306?
The mean commute time for workers in ZIP code 48306 is 25.8 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 48306?
In ZIP code 48306, approximately 92.8% of occupied housing units are owner-occupied and 7.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 48306?
The poverty rate in ZIP code 48306 is 2.4% 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 48306's numbers, next.
- See how ZIP 48306 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Rochester, 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.