ZIP Code 48377
standardSource:
Novi · Oakland County · Michigan
- Population
- 15,244
- Median income
- $83,104
- Median home value
- $350,600
- Bachelor's or higher
- 56.1%
- Land area
- 24.9 sq mi
613/sq mi
▲ 9% vs US
higher than 66% of US ZIPs
▲ 26% vs US
higher than 74% of US ZIPs
Median age 38.2
Detroit
ZIP code 48377 in Novi, Michigan has a population of 15,244. The median household income is $83,104, which is 9% above the national average. Median home value is $350,600, 26% above the US average. 56.1% of residents hold a bachelor's degree or higher.
ZIP code 48377 is classified by USPS as a standard delivery area and covers roughly 24.9 square miles in Novi, Oakland County, Michigan. The area is home to 15,244 residents, producing a population density of 613 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 48377 against Michigan and the nation.
On the economic side, the median household income for ZIP 48377 sits at $83,104 (13% above the Michigan average), while per-capita income is $50,478. The poverty rate stands at 8.7% and the unemployment rate at 5.2%. On housing, the median home value is $350,600 (60% above the state average) with median rent at $1,579 per month, and 46.7% of occupied units are owner-occupied, a direct signal of whether 48377 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 56.1% of adults hold a bachelor's degree or higher, the median age is 38.2, 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 48377 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 48377
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 48377.
- Retail trade
Retail trade
178 establishments
- Health care and social assistance
Health care and social assistance
99 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
97 establishments
- Wholesale trade 66
Wholesale trade
66 establishments
- Accommodation and food services 62
Accommodation and food services
62 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 48377, Novi, 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
15,244
Population
24.9
Area (sq mi)
613
People / sq mi
Detroit
Time Zone
standard
ZIP Type
Who lives in ZIP 48377?
38.2
Median Age
48.6%
Male
51.4%
Female
28.9%
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?
$83,104
Median Household Income
+13% vs state
$50,478
Per Capita Income
8.7%
Poverty Rate
5.2%
Unemployment Rate
24.7 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?
10,066
Total Housing Units
9,253
Occupied Units
813
Vacant Units
2.13
Avg Household Size
Occupancy Type
$350,600
Median Home Value
+60% vs state
$1,579
Median Rent
2001
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
+15.3%
YoY Change (2024)
194
HPI Index (2000 = 100)
+94%
Total Change Since 2000
Home values in ZIP 48377 have increased 15.3% over the past year (2024). Since 2000, this ZIP has seen +94% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +2.6% | 127 |
| 2021 | +9.3% | 139 |
| 2022 | +17.5% | 163 |
| 2023 | +3.3% | 168 |
| 2024 | +15.3% | 194 |
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 728 business establishments in ZIP 48377, employing approximately 25,952 people with a combined annual payroll of $2,085,476,000.
728
Businesses
25,952
Employees
$2.1B
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 178 | 24.4% |
| Health care and social assistance | 99 | 13.6% |
| Professional, scientific, and technical services | 97 | 13.3% |
| Wholesale trade | 66 | 9.1% |
| Accommodation and food services | 62 | 8.5% |
| Real estate and rental and leasing | 35 | 4.8% |
| Construction | 31 | 4.3% |
| Finance and insurance | 29 | 4.0% |
| Other services (except public administration) | 26 | 3.6% |
| Administrative and support and waste management and remediation services | 21 | 2.9% |
| Manufacturing | 19 | 2.6% |
| Transportation and warehousing | 16 | 2.2% |
| Arts, entertainment, and recreation | 16 | 2.2% |
| Management of companies and enterprises | 14 | 1.9% |
| Information | 12 | 1.6% |
| Educational services | 6 | 0.8% |
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 48377 vs 48390 →
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 48390 | Walled Lake, MI | 22,898 | 3.1 mi |
| 48375 | Novi, MI | 21,801 | 2.9 mi |
| 48331 | Farmington, MI | 21,503 | 3.3 mi |
| 48374 | Novi, MI | 14,049 | 3.6 mi |
| 48393 | Wixom, MI | 16,111 | 3.8 mi |
| 48335 | Farmington, MI | 22,398 | 4.7 mi |
| 48382 | Commerce Township, MI | 21,945 | 6.1 mi |
| 48334 | Farmington, MI | 18,540 | 6.3 mi |
| 48322 | West Bloomfield, MI | 31,265 | 5.3 mi |
| 48167 | Northville, MI | 21,534 | 5.7 mi |
More ZIP Codes in Oakland County
Related Areas
Frequently Asked Questions
What county is ZIP code 48377 in? ▼
What is the population of ZIP code 48377? ▼
What is the median household income in ZIP 48377? ▼
What is the average home value in ZIP 48377? ▼
What is the demographic makeup of ZIP 48377? ▼
How many businesses are in ZIP code 48377? ▼
What are the main industries in ZIP code 48377? ▼
How have home values changed in ZIP code 48377? ▼
What is the education level in ZIP code 48377? ▼
What is the average commute time in ZIP 48377? ▼
What percentage of residents own vs. rent in ZIP 48377? ▼
What is the poverty rate in ZIP code 48377? ▼
ZIP Code Research Guides
Official Data Resources for Novi, 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.