PlainZIP

Waterford, MI · standard

ZIP Code 48327

Oakland County, Michigan - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

21,559
734/sq mi
$74,788
Median income
$257,500
Median home value
30.5%
Bachelor's or higher

The verdict

Waterford pairs an above-median household income with above-median home values, in a low-density, homeowner-dominated area.

Top 45%
household income, US ZIPs
Top 41%
home value, US ZIPs
734
people per sq mi
72%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 48327 against every reporting US ZIP.

ZIP code 48327 is a densely settled ZIP (a standard USPS delivery area) in Waterford, Oakland County, Michigan, with 21,559 residents across 29.4 square miles, a density of 734 people per square mile, in the Detroit time zone.

ZIP 48327 lands in the middle-income range, with a median household income of $74,788 (2% above the Michigan average), while per-capita income is $43,181. The poverty rate stands at 9.0% and the unemployment rate at 5.1%. On housing, the median home value is $257,500 (17% above the state average) with median rent at $1,113 per month, and 72.2% of occupied units are owner-occupied.

A solid share of residents have a four-year degree: 30.5% of adults hold a bachelor's degree or higher, the median age is 40.8, and the average commute is 30 minutes. To put 48327 in local context, 10 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Oakland County, for a geography-aware comparison.

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 48327

Top 5 sectors by establishment count in Waterford, MI

Which industries have the most business establishments in ZIP 48327.

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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 48327, Waterford, 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

21,559

Population

29.4

Area (sq mi)

734

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 48327?

40.8

Median Age

48.1%

Male

51.9%

Female

8.0%

Foreign-Born

White 79.5%
African American 7.1%
Asian 2.9%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.2%
Two or More Ethnicities 9.3%
Hispanic or Latino 5.9%

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?

$74,788

Median Household Income

+2% vs state

$43,181

Per Capita Income

9.0%

Poverty Rate

5.1%

Unemployment Rate

29.5 min

Mean Commute Time

How ZIP 48327 ranks nationally

Waterford, MI household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$74,788 Top 45% higher than 55% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US 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?

High School Graduate or Higher 58.2%
Bachelor's Degree or Higher 30.5%

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

What does housing look like?

9,837

Total Housing Units

9,451

Occupied Units

386

Vacant Units

2.21

Avg Household Size

Occupancy Type

Owner 72.2%
Renter 27.8%

$257,500

Median Home Value

+17% vs state

$1,113

Median Rent

1978

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

+9.8%

YoY Change (2024)

180

HPI Index (2000 = 100)

+80%

Total Change Since 2000

Home values in ZIP 48327 have increased 9.8% over the past year (2024). Since 2000, this ZIP has seen +80% cumulative appreciation.

Year Annual Change HPI Index
2020 +5.5% 126
2021 +12.0% 141
2022 +9.1% 154
2023 +6.7% 164
2024 +9.8% 180

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 461 business establishments in ZIP 48327, employing approximately 4,841 people with a combined annual payroll of $258,256,000.

461

Businesses

4,841

Employees

$258.3M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Retail trade 68 14.8%
Health care and social assistance 59 12.8%
Other services (except public administration) 59 12.8%
Construction 49 10.6%
Accommodation and food services 43 9.3%
Professional, scientific, and technical services 40 8.7%
Administrative and support and waste management and remediation services 40 8.7%
Transportation and warehousing 24 5.2%
Finance and insurance 22 4.8%
Real estate and rental and leasing 16 3.5%
Wholesale trade 10 2.2%
Arts, entertainment, and recreation 9 1.9%
Information 8 1.7%
Manufacturing 6 1.3%
Management of companies and enterprises 4 0.9%
Educational services 3 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 48327 vs 48328 →

ZIP 48327 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 48327 ranks #5 by population - useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 48327 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 48327 ranks #9 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
48328 Waterford, MI 24,960 2.9 mi
48329 Waterford, MI 25,009 3.3 mi
48324 West Bloomfield, MI 17,350 3.5 mi
48386 White Lake, MI 17,434 3.2 mi
48346 Clarkston, MI 22,567 5.4 mi
48320 Keego Harbor, MI 4,589 4.4 mi
48323 West Bloomfield, MI 17,708 5.5 mi
48383 White Lake, MI 12,701 6.1 mi
48341 Pontiac, MI 17,139 6.1 mi
48322 West Bloomfield, MI 31,265 7.2 mi

More ZIP Codes in Oakland County

48307 standard
Rochester, MI
Pop: 41,369
48073 standard
Royal Oak, MI
Pop: 32,798
48322 standard
West Bloomfield, MI
Pop: 31,265
48071 standard
Madison Heights, MI
Pop: 29,694
48237 standard
Oak Park, MI
Pop: 29,319
48309 standard
Rochester, MI
Pop: 29,135

Related Areas

Oakland County Waterford, MI Michigan

Frequently Asked Questions

What county is ZIP code 48327 in? ▼
ZIP code 48327 (Waterford) 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 48327? ▼
ZIP code 48327 in Waterford, MI has a population of 21,559 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 48327? ▼
The median household income in ZIP 48327 is $74,788, which is 2% below the national average of $76,288.
What is the average home value in ZIP 48327? ▼
The median home value in ZIP 48327 is $257,500, which is 7% below the national average of $278,155.
What is the demographic makeup of ZIP 48327? ▼
The largest racial group in ZIP 48327 is White at 79.5%. Hispanic or Latino residents make up 5.9% of the population.
How many businesses are in ZIP code 48327? ▼
ZIP code 48327 has 461 business establishments employing approximately 4,841 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 48327? ▼
The top industries by establishment count in ZIP 48327 are: Retail trade (68), Health care and social assistance (59), Other services (except public administration) (59). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 48327? ▼
According to the FHFA House Price Index, home values in ZIP 48327 increased by 9.8% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 80%. 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 48327? ▼
In ZIP code 48327, 58.2% of residents aged 25+ have a high school diploma or higher, and 30.5% 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 48327? ▼
The mean commute time for workers in ZIP code 48327 is 29.5 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 48327? ▼
In ZIP code 48327, approximately 72.2% of occupied housing units are owner-occupied and 27.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 48327? ▼
The poverty rate in ZIP code 48327 is 9.0% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.