PlainZIP

Lake Orion, MI · standard

ZIP Code 48362

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

15,141
589/sq mi
$115,230
Median income
$346,900
Median home value
47.1%
Bachelor's or higher

The verdict

Lake Orion pairs an upper-quartile household income with above-median home values, in a low-density, homeowner-dominated area.

Top 11%
household income, US ZIPs
Top 27%
home value, US ZIPs
589
people per sq mi
86%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 48362 against every reporting US ZIP.

ZIP code 48362 is a mid-sized community (a standard USPS delivery area) in Lake Orion, Oakland County, Michigan, home to 15,141 residents across 25.7 square miles, a density of 589 people per square mile, in the Detroit time zone.

ZIP 48362 skews affluent, with a median household income of $115,230 (57% above the Michigan average), while per-capita income is $55,885. Poverty here runs at 6.1%, with unemployment measured at 1.6%. Housing costs here run $346,900 for a typical home value (58% above the state average), with rent averaging $1,145 a month; 86.4% of homes are owner-occupied.

A solid share of residents have a four-year degree: 47.1% of adults hold a bachelor's degree or higher, the median age is 43.1, and the average commute is 28 minutes. To put 48362 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 48362

Top 5 sectors by establishment count in Lake Orion, MI

Which industries have the most business establishments in ZIP 48362.

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 48362, Lake Orion, 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

15,141

Population

25.7

Area (sq mi)

589

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 48362?

43.1

Median Age

50.7%

Male

49.3%

Female

6.0%

Foreign-Born

White 87.8%
African American 2.7%
Asian 1.9%
American Indian or Alaska Native 0.1%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 5.6%
Hispanic or Latino 3.5%

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?

$115,230

Median Household Income

+57% vs state

$55,885

Per Capita Income

6.1%

Poverty Rate

1.6%

Unemployment Rate

27.9 min

Mean Commute Time

How ZIP 48362 ranks nationally

Lake Orion, MI household income vs. every US ZIP code

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

$115,230 Top 11% higher than 89% 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%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). This entry sits in this band. $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 68.8%
Bachelor's Degree or Higher 47.1%

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

What does housing look like?

6,399

Total Housing Units

6,030

Occupied Units

369

Vacant Units

2.47

Avg Household Size

Occupancy Type

Owner 86.4%
Renter 13.6%

$346,900

Median Home Value

+58% vs state

$1,145

Median Rent

1977

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

+7.7%

YoY Change (2024)

186

HPI Index (2000 = 100)

+86%

Total Change Since 2000

Home values in ZIP 48362 have increased 7.7% over the past year (2024). Since 2000, this ZIP has seen +86% cumulative appreciation.

Year Annual Change HPI Index
2020 +2.9% 132
2021 +10.5% 146
2022 +12.8% 165
2023 +4.6% 173
2024 +7.7% 186

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 340 business establishments in ZIP 48362, employing approximately 3,416 people with a combined annual payroll of $140,749,000.

340

Businesses

3,416

Employees

$140.7M

Annual Payroll

14

Industry Sectors

Industry Establishments % of Total
Retail trade 60 17.6%
Professional, scientific, and technical services 47 13.8%
Accommodation and food services 45 13.2%
Construction 37 10.9%
Health care and social assistance 35 10.3%
Administrative and support and waste management and remediation services 31 9.1%
Other services (except public administration) 27 7.9%
Finance and insurance 18 5.3%
Real estate and rental and leasing 9 2.6%
Transportation and warehousing 7 2.1%
Manufacturing 5 1.5%
Wholesale trade 5 1.5%
Arts, entertainment, and recreation 5 1.5%
Educational services 4 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 48362 vs 48360 →

ZIP 48362 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 48362 ranks #7 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 48362 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 48362 ranks #6 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
48360 Lake Orion, MI 11,651 2.3 mi
48359 Lake Orion, MI 8,044 4.2 mi
48371 Oxford, MI 23,155 4.2 mi
48363 Oakland, MI 4,978 5.5 mi
48326 Auburn Hills, MI 20,298 7.4 mi
48370 Oxford, MI 1,685 5.4 mi
48340 Pontiac, MI 24,307 7.8 mi
48342 Pontiac, MI 18,407 9.6 mi
48348 Clarkston, MI 23,387 6.8 mi
48306 Rochester, MI 26,691 7.4 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 Lake Orion, MI Michigan

Frequently Asked Questions

What county is ZIP code 48362 in? ▼
ZIP code 48362 (Lake Orion) 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 48362? ▼
ZIP code 48362 in Lake Orion, MI has a population of 15,141 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 48362? ▼
The median household income in ZIP 48362 is $115,230, which is 51% above the national average of $76,288.
What is the average home value in ZIP 48362? ▼
The median home value in ZIP 48362 is $346,900, which is 25% above the national average of $278,155.
What is the demographic makeup of ZIP 48362? ▼
The largest racial group in ZIP 48362 is White at 87.8%. Hispanic or Latino residents make up 3.5% of the population.
How many businesses are in ZIP code 48362? ▼
ZIP code 48362 has 340 business establishments employing approximately 3,416 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 48362? ▼
The top industries by establishment count in ZIP 48362 are: Retail trade (60), Professional, scientific, and technical services (47), Accommodation and food services (45). There are 14 industry sectors represented in total.
How have home values changed in ZIP code 48362? ▼
According to the FHFA House Price Index, home values in ZIP 48362 increased by 7.7% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 86%. 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 48362? ▼
In ZIP code 48362, 68.8% of residents aged 25+ have a high school diploma or higher, and 47.1% 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 48362? ▼
The mean commute time for workers in ZIP code 48362 is 27.9 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 48362? ▼
In ZIP code 48362, approximately 86.4% of occupied housing units are owner-occupied and 13.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 48362? ▼
The poverty rate in ZIP code 48362 is 6.1% 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.