PlainZIP

Waterford, MI · standard

ZIP Code 48329

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

25,009
947/sq mi
$85,709
Median income
$270,800
Median home value
30.0%
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 31%
household income, US ZIPs
Top 38%
home value, US ZIPs
947
people per sq mi
89%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 48329 against every reporting US ZIP.

ZIP code 48329 is a densely settled ZIP (a standard USPS delivery area) in Waterford, Oakland County, Michigan, with 25,009 residents across 26.4 square miles, a density of 947 people per square mile, in the Detroit time zone.

ZIP 48329 lands in the middle-income range, with a median household income of $85,709 (17% above the Michigan average), while per-capita income is $43,640. 6.7% of residents live below the poverty line, and the unemployment rate reads 4.3%. On housing, the median home value is $270,800 (23% above the state average) with median rent at $1,184 per month, and 89.4% of occupied units are owner-occupied.

A solid share of residents have a four-year degree: 30.0% of adults hold a bachelor's degree or higher, the median age is 43.9, and the average commute is 27 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Oakland County, so you can benchmark 48329 against its immediate geography rather than a national average alone.

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 48329

Top 5 sectors by establishment count in Waterford, MI

Which industries have the most business establishments in ZIP 48329.

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 48329, 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

25,009

Population

26.4

Area (sq mi)

947

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 48329?

43.9

Median Age

48.3%

Male

51.7%

Female

4.1%

Foreign-Born

White 86.9%
African American 1.2%
Asian 2.0%
American Indian or Alaska Native 0.5%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 8.1%
Hispanic or Latino 6.1%

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?

$85,709

Median Household Income

+17% vs state

$43,640

Per Capita Income

6.7%

Poverty Rate

4.3%

Unemployment Rate

27.4 min

Mean Commute Time

How ZIP 48329 ranks nationally

Waterford, MI household income vs. every US ZIP code

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

$85,709 Top 31% higher than 69% 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%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). This entry sits in this band. $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 54.7%
Bachelor's Degree or Higher 30.0%

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

What does housing look like?

10,397

Total Housing Units

10,086

Occupied Units

311

Vacant Units

2.44

Avg Household Size

Occupancy Type

Owner 89.4%
Renter 10.6%

$270,800

Median Home Value

+23% vs state

$1,184

Median Rent

1966

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

+7.6%

YoY Change (2024)

173

HPI Index (2000 = 100)

+73%

Total Change Since 2000

Home values in ZIP 48329 have increased 7.6% over the past year (2024). Since 2000, this ZIP has seen +73% cumulative appreciation.

Year Annual Change HPI Index
2020 +4.1% 123
2021 +11.1% 136
2022 +12.7% 154
2023 +4.8% 161
2024 +7.6% 173

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 506 business establishments in ZIP 48329, employing approximately 4,787 people with a combined annual payroll of $223,120,000.

506

Businesses

4,787

Employees

$223.1M

Annual Payroll

14

Industry Sectors

Industry Establishments % of Total
Retail trade 85 16.8%
Construction 74 14.6%
Other services (except public administration) 60 11.9%
Administrative and support and waste management and remediation services 44 8.7%
Health care and social assistance 44 8.7%
Accommodation and food services 40 7.9%
Professional, scientific, and technical services 39 7.7%
Manufacturing 24 4.7%
Wholesale trade 24 4.7%
Finance and insurance 22 4.3%
Transportation and warehousing 17 3.4%
Real estate and rental and leasing 11 2.2%
Educational services 10 2.0%
Arts, entertainment, and recreation 6 1.2%

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 48329 vs 48346 →

ZIP 48329 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 48329 ranks the most populous - useful context the national average alone can't give.

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

ZIP 48329 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 48329 ranks #7 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
48346 Clarkston, MI 22,567 2.9 mi
48327 Waterford, MI 21,559 3.3 mi
48328 Waterford, MI 24,960 3.5 mi
48348 Clarkston, MI 23,387 5.5 mi
48324 West Bloomfield, MI 17,350 6.4 mi
48340 Pontiac, MI 24,307 5.1 mi
48386 White Lake, MI 17,434 4.9 mi
48320 Keego Harbor, MI 4,589 5.8 mi
48323 West Bloomfield, MI 17,708 8.2 mi
48359 Lake Orion, MI 8,044 6.1 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 48329 in? ▼
ZIP code 48329 (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 48329? ▼
ZIP code 48329 in Waterford, MI has a population of 25,009 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 48329? ▼
The median household income in ZIP 48329 is $85,709, which is 12% above the national average of $76,288.
What is the average home value in ZIP 48329? ▼
The median home value in ZIP 48329 is $270,800, which is 3% below the national average of $278,155.
What is the demographic makeup of ZIP 48329? ▼
The largest racial group in ZIP 48329 is White at 86.9%. Hispanic or Latino residents make up 6.1% of the population.
How many businesses are in ZIP code 48329? ▼
ZIP code 48329 has 506 business establishments employing approximately 4,787 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 48329? ▼
The top industries by establishment count in ZIP 48329 are: Retail trade (85), Construction (74), Other services (except public administration) (60). There are 14 industry sectors represented in total.
How have home values changed in ZIP code 48329? ▼
According to the FHFA House Price Index, home values in ZIP 48329 increased by 7.6% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 73%. 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 48329? ▼
In ZIP code 48329, 54.7% of residents aged 25+ have a high school diploma or higher, and 30.0% 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 48329? ▼
The mean commute time for workers in ZIP code 48329 is 27.4 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 48329? ▼
In ZIP code 48329, approximately 89.4% of occupied housing units are owner-occupied and 10.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 48329? ▼
The poverty rate in ZIP code 48329 is 6.7% 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.