PlainZIP

Milford, MI · standard

ZIP Code 48381

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

12,605
243/sq mi
$105,213
Median income
$405,200
Median home value
45.0%
Bachelor's or higher

The verdict

Milford pairs an upper-quartile household income with upper-quartile home values, in a low-density, homeowner-dominated area.

Top 16%
household income, US ZIPs
Top 20%
home value, US ZIPs
243
people per sq mi
82%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 48381 against every reporting US ZIP.

ZIP code 48381 is a mid-sized community (a standard USPS delivery area) in Milford, Oakland County, Michigan, home to 12,605 residents across 51.9 square miles, a density of 243 people per square mile, in the Detroit time zone.

ZIP 48381 lands in the middle-income range, with a median household income of $105,213 (43% above the Michigan average), while per-capita income is $56,960. Poverty here runs at 5.3%, with unemployment measured at 3.1%. Median home value sits at $405,200 (85% above the state average), median rent at $1,466 a month, and owner-occupancy at 81.6%.

A solid share of residents have a four-year degree: 45.0% of adults hold a bachelor's degree or higher, the median age is 40.3, and the average commute is 29 minutes. Beyond these figures, 10 nearby ZIP codes within about 10 miles are surfaced below, along with 6 more sharing Oakland County, letting you compare 48381 to its immediate surroundings rather than a national baseline 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 48381

Top 5 sectors by establishment count in Milford, MI

Which industries have the most business establishments in ZIP 48381.

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 48381, Milford, 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

12,605

Population

51.9

Area (sq mi)

243

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 48381?

40.3

Median Age

50.3%

Male

49.7%

Female

3.1%

Foreign-Born

White 89.9%
African American 1.0%
Asian 1.4%
American Indian or Alaska Native 0.2%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 6.8%
Hispanic or Latino 4.2%

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?

$105,213

Median Household Income

+43% vs state

$56,960

Per Capita Income

5.3%

Poverty Rate

3.1%

Unemployment Rate

29.3 min

Mean Commute Time

How ZIP 48381 ranks nationally

Milford, MI household income vs. every US ZIP code

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

$105,213 Top 16% higher than 84% 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 69.2%
Bachelor's Degree or Higher 45.0%

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

What does housing look like?

5,578

Total Housing Units

5,433

Occupied Units

145

Vacant Units

2.57

Avg Household Size

Occupancy Type

Owner 81.6%
Renter 18.4%

$405,200

Median Home Value

+85% vs state

$1,466

Median Rent

1985

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

+10.0%

YoY Change (2024)

186

HPI Index (2000 = 100)

+86%

Total Change Since 2000

Home values in ZIP 48381 have increased 10.0% over the past year (2024). Since 2000, this ZIP has seen +86% cumulative appreciation.

Year Annual Change HPI Index
2020 +1.8% 134
2021 +9.7% 147
2022 +15.5% 169
2023 -0.3% 169
2024 +10.0% 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 456 business establishments in ZIP 48381, employing approximately 5,166 people with a combined annual payroll of $283,687,000.

456

Businesses

5,166

Employees

$283.7M

Annual Payroll

15

Industry Sectors

Industry Establishments % of Total
Construction 72 15.8%
Health care and social assistance 64 14.0%
Professional, scientific, and technical services 54 11.8%
Retail trade 40 8.8%
Other services (except public administration) 40 8.8%
Administrative and support and waste management and remediation services 35 7.7%
Accommodation and food services 34 7.5%
Wholesale trade 24 5.3%
Finance and insurance 22 4.8%
Real estate and rental and leasing 21 4.6%
Manufacturing 17 3.7%
Transportation and warehousing 8 1.8%
Educational services 8 1.8%
Arts, entertainment, and recreation 7 1.5%
Information 6 1.3%

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 48381 vs 48165 →

ZIP 48381 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 48381 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 48381 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 48381 ranks #5 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
48165 New Hudson, MI 6,339 4.3 mi
48380 Milford, MI 7,404 3.7 mi
48393 Wixom, MI 16,111 3.8 mi
48356 Highland, MI 8,407 6.5 mi
48382 Commerce Township, MI 21,945 4.9 mi
48390 Walled Lake, MI 22,898 6.0 mi
48357 Highland, MI 8,170 7.0 mi
48383 White Lake, MI 12,701 7.4 mi
48374 Novi, MI 14,049 7.2 mi
48377 Novi, MI 15,244 7.3 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 Milford, MI Michigan

Frequently Asked Questions

What county is ZIP code 48381 in? ▼
ZIP code 48381 (Milford) 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 48381? ▼
ZIP code 48381 in Milford, MI has a population of 12,605 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 48381? ▼
The median household income in ZIP 48381 is $105,213, which is 38% above the national average of $76,288.
What is the average home value in ZIP 48381? ▼
The median home value in ZIP 48381 is $405,200, which is 46% above the national average of $278,155.
What is the demographic makeup of ZIP 48381? ▼
The largest racial group in ZIP 48381 is White at 89.9%. Hispanic or Latino residents make up 4.2% of the population.
How many businesses are in ZIP code 48381? ▼
ZIP code 48381 has 456 business establishments employing approximately 5,166 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 48381? ▼
The top industries by establishment count in ZIP 48381 are: Construction (72), Health care and social assistance (64), Professional, scientific, and technical services (54). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 48381? ▼
According to the FHFA House Price Index, home values in ZIP 48381 increased by 10.0% 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 48381? ▼
In ZIP code 48381, 69.2% of residents aged 25+ have a high school diploma or higher, and 45.0% 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 48381? ▼
The mean commute time for workers in ZIP code 48381 is 29.3 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 48381? ▼
In ZIP code 48381, approximately 81.6% of occupied housing units are owner-occupied and 18.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 48381? ▼
The poverty rate in ZIP code 48381 is 5.3% 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.