ZIP Code 48329
standardSource:
Waterford · Oakland County · Michigan
- Population
- 25,009
- Median income
- $85,709
- Median home value
- $270,800
- Bachelor's or higher
- 30.0%
- Land area
- 26.4 sq mi
947/sq mi
▲ 12% vs US
higher than 69% of US ZIPs
▼ 3% vs US
higher than 62% of US ZIPs
Median age 43.9
Detroit
ZIP code 48329 in Waterford, Michigan has a population of 25,009. The median household income is $85,709, which is 12% above the national average. Median home value is $270,800, 3% below the US average. 30.0% of residents hold a bachelor's degree or higher.
ZIP code 48329 is classified by USPS as a standard delivery area and covers roughly 26.4 square miles in Waterford, Oakland County, Michigan. The area is home to 25,009 residents, producing a population density of 947 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 48329 against Michigan and the nation.
On the economic side, the median household income for ZIP 48329 sits at $85,709 (17% above the Michigan average), while per-capita income is $43,640. The poverty rate stands at 6.7% and the unemployment rate at 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 direct signal of whether 48329 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 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 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 48329
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 48329.
- Retail trade
Retail trade
85 establishments
- Construction
Construction
74 establishments
- Other services (except public administration)
Other services (except public administration)
60 establishments
- Administrative and support and waste management and remediation services
Administrative and support and waste management and remediation services
44 establishments
- Health care and social assistance
Health care and social assistance
44 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 48329, 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
25,009
Population
26.4
Area (sq mi)
947
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 48329?
43.9
Median Age
48.3%
Male
51.7%
Female
4.1%
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?
$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
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?
10,397
Total Housing Units
10,086
Occupied Units
311
Vacant Units
2.44
Avg Household Size
Occupancy Type
$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 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
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Frequently Asked Questions
What county is ZIP code 48329 in? ▼
What is the population of ZIP code 48329? ▼
What is the median household income in ZIP 48329? ▼
What is the average home value in ZIP 48329? ▼
What is the demographic makeup of ZIP 48329? ▼
How many businesses are in ZIP code 48329? ▼
What are the main industries in ZIP code 48329? ▼
How have home values changed in ZIP code 48329? ▼
What is the education level in ZIP code 48329? ▼
What is the average commute time in ZIP 48329? ▼
What percentage of residents own vs. rent in ZIP 48329? ▼
What is the poverty rate in ZIP code 48329? ▼
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.