ZIP Code 48328
standardSource:
Waterford · Oakland County · Michigan
- Population
- 24,960
- Median income
- $72,299
- Median home value
- $222,900
- Bachelor's or higher
- 28.7%
- Land area
- 23.4 sq mi
1,066/sq mi
▼ 5% vs US
higher than 50% of US ZIPs
▼ 20% vs US
higher than 50% of US ZIPs
Median age 43.2
Detroit
ZIP code 48328 in Waterford, Michigan has a population of 24,960. The median household income is $72,299, which is 5% below the national average. Median home value is $222,900, 20% below the US average. 28.7% of residents hold a bachelor's degree or higher.
ZIP code 48328 is classified by USPS as a standard delivery area and covers roughly 23.4 square miles in Waterford, Oakland County, Michigan. The area is home to 24,960 residents, producing a population density of 1,066 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 48328 against Michigan and the nation.
On the economic side, the median household income for ZIP 48328 sits at $72,299 (1% below the Michigan average), while per-capita income is $47,010. The poverty rate stands at 11.2% and the unemployment rate at 5.1%. On housing, the median home value is $222,900 (1% above the state average) with median rent at $1,102 per month, and 66.7% of occupied units are owner-occupied, a direct signal of whether 48328 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 28.7% of adults hold a bachelor's degree or higher, the median age is 43.2, and the average commute is 25 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Oakland County, so you can benchmark 48328 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 48328
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 48328.
- Retail trade
Retail trade
99 establishments
- Health care and social assistance
Health care and social assistance
91 establishments
- Accommodation and food services
Accommodation and food services
70 establishments
- Other services (except public administration)
Other services (except public administration)
64 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
49 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 48328, 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
24,960
Population
23.4
Area (sq mi)
1,066
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 48328?
43.2
Median Age
49.8%
Male
50.2%
Female
4.9%
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?
$72,299
Median Household Income
-1% vs state
$47,010
Per Capita Income
11.2%
Poverty Rate
5.1%
Unemployment Rate
24.9 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?
11,881
Total Housing Units
11,215
Occupied Units
666
Vacant Units
2.15
Avg Household Size
Occupancy Type
$222,900
Median Home Value
+1% vs state
$1,102
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
+6.3%
YoY Change (2024)
168
HPI Index (2000 = 100)
+68%
Total Change Since 2000
Home values in ZIP 48328 have increased 6.3% over the past year (2024). Since 2000, this ZIP has seen +68% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +5.7% | 123 |
| 2021 | +10.8% | 136 |
| 2022 | +13.4% | 154 |
| 2023 | +2.5% | 158 |
| 2024 | +6.3% | 168 |
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 593 business establishments in ZIP 48328, employing approximately 5,444 people with a combined annual payroll of $248,105,000.
593
Businesses
5,444
Employees
$248.1M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 99 | 16.7% |
| Health care and social assistance | 91 | 15.3% |
| Accommodation and food services | 70 | 11.8% |
| Other services (except public administration) | 64 | 10.8% |
| Professional, scientific, and technical services | 49 | 8.3% |
| Construction | 48 | 8.1% |
| Administrative and support and waste management and remediation services | 38 | 6.4% |
| Finance and insurance | 28 | 4.7% |
| Real estate and rental and leasing | 27 | 4.5% |
| Wholesale trade | 25 | 4.2% |
| Arts, entertainment, and recreation | 15 | 2.5% |
| Manufacturing | 14 | 2.4% |
| Transportation and warehousing | 10 | 1.7% |
| Information | 10 | 1.7% |
| Educational services | 3 | 0.5% |
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 48328 vs 48320 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 48320 | Keego Harbor, MI | 4,589 | 2.3 mi |
| 48327 | Waterford, MI | 21,559 | 2.9 mi |
| 48341 | Pontiac, MI | 17,139 | 3.2 mi |
| 48329 | Waterford, MI | 25,009 | 3.5 mi |
| 48342 | Pontiac, MI | 18,407 | 4.2 mi |
| 48324 | West Bloomfield, MI | 17,350 | 3.8 mi |
| 48340 | Pontiac, MI | 24,307 | 3.8 mi |
| 48323 | West Bloomfield, MI | 17,708 | 5.2 mi |
| 48302 | Bloomfield Hills, MI | 15,360 | 5.1 mi |
| 48322 | West Bloomfield, MI | 31,265 | 7.1 mi |
More ZIP Codes in Oakland County
Related Areas
Frequently Asked Questions
What county is ZIP code 48328 in? ▼
What is the population of ZIP code 48328? ▼
What is the median household income in ZIP 48328? ▼
What is the average home value in ZIP 48328? ▼
What is the demographic makeup of ZIP 48328? ▼
How many businesses are in ZIP code 48328? ▼
What are the main industries in ZIP code 48328? ▼
How have home values changed in ZIP code 48328? ▼
What is the education level in ZIP code 48328? ▼
What is the average commute time in ZIP 48328? ▼
What percentage of residents own vs. rent in ZIP 48328? ▼
What is the poverty rate in ZIP code 48328? ▼
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.