ZIP Code 48306

standard

Source:

Rochester · Oakland County · Michigan

Population
26,691

453/sq mi

Median income
$163,684

▲ 115% vs US

higher than 97% of US ZIPs

Median home value
$546,000

▲ 96% vs US

higher than 89% of US ZIPs

Bachelor's or higher
71.6%

Median age 43.4

Land area
58.9 sq mi

Detroit

ZIP code 48306 in Rochester, Michigan has a population of 26,691. The median household income is $163,684, which is 115% above the national average. Median home value is $546,000, 96% above the US average. 71.6% of residents hold a bachelor's degree or higher.

ZIP code 48306 is classified by USPS as a standard delivery area and covers roughly 58.9 square miles in Rochester, Oakland County, Michigan. The area is home to 26,691 residents, producing a population density of 453 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 48306 against Michigan and the nation.

On the economic side, the median household income for ZIP 48306 sits at $163,684 (123% above the Michigan average), while per-capita income is $72,396. The poverty rate stands at 2.4% and the unemployment rate at 3.9%. On housing, the median home value is $546,000 (149% above the state average) with median rent at $1,709 per month, and 92.8% of occupied units are owner-occupied, a direct signal of whether 48306 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 71.6% of adults hold a bachelor's degree or higher, the median age is 43.4, and the average commute is 26 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Oakland County, so you can benchmark 48306 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 48306

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 48306.

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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, 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; HUD FMR + 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

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 48306?

43.4

Median Age

49.7%

Male

50.3%

Female

16.6%

Foreign-Born

White 75.7%
African American 1.6%
Asian 11.5%
American Indian or Alaska Native 0.2%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 9.4%
Hispanic or Latino 5.7%

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

$72,396

Per Capita Income

2.4%

Poverty Rate

3.9%

Unemployment Rate

25.8 min

Mean Commute Time

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

What is the education profile here?

High School Graduate or Higher 78.9%
Bachelor's Degree or Higher 71.6%

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

What does housing look like?

10,333

Total Housing Units

9,870

Occupied Units

463

Vacant Units

2.87

Avg Household Size

Occupancy Type

Owner 92.8%
Renter 7.2%

$546,000

Median Home Value

+149% vs state

$1,709

Median Rent

1991

Median Year Built

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

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 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

More ZIP Codes in Oakland County

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.

ZIP Code Research Guides

Official Data Resources for Rochester, 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.

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