ZIP Code 48327
standardSource:
Waterford · Oakland County · Michigan
- Population
- 21,559
- Median income
- $74,788
- Median home value
- $257,500
- Bachelor's or higher
- 30.5%
- Land area
- 29.4 sq mi
734/sq mi
▼ 2% vs US
higher than 55% of US ZIPs
▼ 7% vs US
higher than 59% of US ZIPs
Median age 40.8
Detroit
ZIP code 48327 in Waterford, Michigan has a population of 21,559. The median household income is $74,788, which is 2% below the national average. Median home value is $257,500, 7% below the US average. 30.5% of residents hold a bachelor's degree or higher.
ZIP code 48327 is classified by USPS as a standard delivery area and covers roughly 29.4 square miles in Waterford, Oakland County, Michigan. The area is home to 21,559 residents, producing a population density of 734 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 48327 against Michigan and the nation.
On the economic side, the median household income for ZIP 48327 sits at $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 direct signal of whether 48327 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 30.5% of adults hold a bachelor's degree or higher, the median age is 40.8, and the average commute is 30 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Oakland County, so you can benchmark 48327 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 48327
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 48327.
- Retail trade
Retail trade
68 establishments
- Health care and social assistance
Health care and social assistance
59 establishments
- Other services (except public administration)
Other services (except public administration)
59 establishments
- Construction
Construction
49 establishments
- Accommodation and food services
Accommodation and food services
43 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 48327, Waterford, 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
21,559
Population
29.4
Area (sq mi)
734
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 48327?
40.8
Median Age
48.1%
Male
51.9%
Female
8.0%
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?
$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
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?
9,837
Total Housing Units
9,451
Occupied Units
386
Vacant Units
2.21
Avg Household Size
Occupancy Type
$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 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
Related Areas
Frequently Asked Questions
What county is ZIP code 48327 in? ▼
What is the population of ZIP code 48327? ▼
What is the median household income in ZIP 48327? ▼
What is the average home value in ZIP 48327? ▼
What is the demographic makeup of ZIP 48327? ▼
How many businesses are in ZIP code 48327? ▼
What are the main industries in ZIP code 48327? ▼
How have home values changed in ZIP code 48327? ▼
What is the education level in ZIP code 48327? ▼
What is the average commute time in ZIP 48327? ▼
What percentage of residents own vs. rent in ZIP 48327? ▼
What is the poverty rate in ZIP code 48327? ▼
ZIP Code Research Guides
Official Data Resources for Waterford, 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.