ZIP Code 48371

standard

Source:

Oxford · Oakland County · Michigan

Population
23,155

209/sq mi

Median income
$111,239

▲ 46% vs US

higher than 87% of US ZIPs

Median home value
$370,200

▲ 33% vs US

higher than 76% of US ZIPs

Bachelor's or higher
41.7%

Median age 41

Land area
110.8 sq mi

Detroit

ZIP code 48371 in Oxford, Michigan has a population of 23,155. The median household income is $111,239, which is 46% above the national average. Median home value is $370,200, 33% above the US average. 41.7% of residents hold a bachelor's degree or higher.

ZIP code 48371 is classified by USPS as a standard delivery area and covers roughly 110.8 square miles in Oxford, Oakland County, Michigan. The area is home to 23,155 residents, producing a population density of 209 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 48371 against Michigan and the nation.

On the economic side, the median household income for ZIP 48371 sits at $111,239 (52% above the Michigan average), while per-capita income is $52,058. The poverty rate stands at 6.9% and the unemployment rate at 5.5%. On housing, the median home value is $370,200 (69% above the state average) with median rent at $1,358 per month, and 88.4% of occupied units are owner-occupied, a direct signal of whether 48371 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 41.7% of adults hold a bachelor's degree or higher, the median age is 41, and the average commute is 31 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Oakland County, so you can benchmark 48371 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 48371

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 48371.

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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 48371, Oxford, 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

23,155

Population

110.8

Area (sq mi)

209

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 48371?

41.0

Median Age

52.4%

Male

47.6%

Female

6.3%

Foreign-Born

White 89.7%
African American 1.7%
Asian 2.6%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 5.3%
Hispanic or Latino 3.6%

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?

$111,239

Median Household Income

+52% vs state

$52,058

Per Capita Income

6.9%

Poverty Rate

5.5%

Unemployment Rate

31.2 min

Mean Commute Time

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

What is the education profile here?

High School Graduate or Higher 59.7%
Bachelor's Degree or Higher 41.7%

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

What does housing look like?

10,169

Total Housing Units

9,663

Occupied Units

506

Vacant Units

2.68

Avg Household Size

Occupancy Type

Owner 88.4%
Renter 11.6%

$370,200

Median Home Value

+69% vs state

$1,358

Median Rent

1995

Median Year Built

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

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+5.2%

YoY Change (2024)

177

HPI Index (2000 = 100)

+77%

Total Change Since 2000

Home values in ZIP 48371 have increased 5.2% over the past year (2024). Since 2000, this ZIP has seen +77% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.0% 129
2021 +9.8% 142
2022 +11.1% 158
2023 +7.0% 169
2024 +5.2% 177

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 499 business establishments in ZIP 48371, employing approximately 4,925 people with a combined annual payroll of $237,175,000.

499

Businesses

4,925

Employees

$237.2M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Other services (except public administration) 63 12.6%
Health care and social assistance 56 11.2%
Manufacturing 53 10.6%
Construction 50 10.0%
Professional, scientific, and technical services 50 10.0%
Retail trade 43 8.6%
Administrative and support and waste management and remediation services 42 8.4%
Accommodation and food services 37 7.4%
Finance and insurance 27 5.4%
Real estate and rental and leasing 19 3.8%
Wholesale trade 17 3.4%
Arts, entertainment, and recreation 13 2.6%
Information 12 2.4%
Transportation and warehousing 7 1.4%
Educational services 7 1.4%

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 48371 vs 48362 →

ZIP Code City Population Distance
48362 Lake Orion, MI 15,141 4.2 mi
48370 Oxford, MI 1,685 4.6 mi
48455 Metamora, MI 7,974 6.7 mi
48360 Lake Orion, MI 11,651 6.4 mi
48359 Lake Orion, MI 8,044 8.3 mi
48462 Ortonville, MI 13,266 6.9 mi
48367 Leonard, MI 4,727 7.6 mi
48348 Clarkston, MI 23,387 7.6 mi
48363 Oakland, MI 4,978 8.1 mi
48440 Hadley, MI 157 9.8 mi

More ZIP Codes in Oakland County

Frequently Asked Questions

What county is ZIP code 48371 in?
ZIP code 48371 (Oxford) 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 48371?
ZIP code 48371 in Oxford, MI has a population of 23,155 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 48371?
The median household income in ZIP 48371 is $111,239, which is 46% above the national average of $76,288.
What is the average home value in ZIP 48371?
The median home value in ZIP 48371 is $370,200, which is 33% above the national average of $278,155.
What is the demographic makeup of ZIP 48371?
The largest racial group in ZIP 48371 is White at 89.7%. Hispanic or Latino residents make up 3.6% of the population.
How many businesses are in ZIP code 48371?
ZIP code 48371 has 499 business establishments employing approximately 4,925 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 48371?
The top industries by establishment count in ZIP 48371 are: Other services (except public administration) (63), Health care and social assistance (56), Manufacturing (53). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 48371?
According to the FHFA House Price Index, home values in ZIP 48371 increased by 5.2% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 77%. 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 48371?
In ZIP code 48371, 59.7% of residents aged 25+ have a high school diploma or higher, and 41.7% 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 48371?
The mean commute time for workers in ZIP code 48371 is 31.2 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 48371?
In ZIP code 48371, approximately 88.4% of occupied housing units are owner-occupied and 11.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 48371?
The poverty rate in ZIP code 48371 is 6.9% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Oxford, 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.

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