ZIP Code 48864

standard

Source:

Okemos · Ingham County · Michigan

Population
20,148

361/sq mi

Median income
$121,103

▲ 59% vs US

higher than 91% of US ZIPs

Median home value
$378,700

▲ 36% vs US

higher than 77% of US ZIPs

Bachelor's or higher
75.5%

Median age 37.7

Land area
55.9 sq mi

Detroit

ZIP code 48864 in Okemos, Michigan has a population of 20,148. The median household income is $121,103, which is 59% above the national average. Median home value is $378,700, 36% above the US average. 75.5% of residents hold a bachelor's degree or higher.

ZIP code 48864 is classified by USPS as a standard delivery area and covers roughly 55.9 square miles in Okemos, Ingham County, Michigan. The area is home to 20,148 residents, producing a population density of 361 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 48864 against Michigan and the nation.

On the economic side, the median household income for ZIP 48864 sits at $121,103 (65% above the Michigan average), while per-capita income is $63,593. The poverty rate stands at 5.9% and the unemployment rate at 2.2%. On housing, the median home value is $378,700 (72% above the state average) with median rent at $1,334 per month, and 67.8% of occupied units are owner-occupied, a direct signal of whether 48864 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 75.5% of adults hold a bachelor's degree or higher, the median age is 37.7, and the average commute is 20 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Ingham County, so you can benchmark 48864 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 48864

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 48864.

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 48864, Okemos, 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

20,148

Population

55.9

Area (sq mi)

361

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 48864?

37.7

Median Age

47.7%

Male

52.3%

Female

25.9%

Foreign-Born

White 60.2%
African American 3.8%
Asian 22.3%
American Indian or Alaska Native 0.9%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 11.3%
Hispanic or Latino 7.0%

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?

$121,103

Median Household Income

+65% vs state

$63,593

Per Capita Income

5.9%

Poverty Rate

2.2%

Unemployment Rate

19.6 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 82.3%
Bachelor's Degree or Higher 75.5%

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

What does housing look like?

9,744

Total Housing Units

8,911

Occupied Units

833

Vacant Units

2.65

Avg Household Size

Occupancy Type

Owner 67.8%
Renter 32.2%

$378,700

Median Home Value

+72% vs state

$1,334

Median Rent

1984

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

+0.0%

YoY Change (2024)

177

HPI Index (2000 = 100)

+77%

Total Change Since 2000

Home values in ZIP 48864 have increased 0.0% over the past year (2024). Since 2000, this ZIP has seen +77% cumulative appreciation.

Year Annual Change HPI Index
2020 +1.8% 130
2021 +8.6% 141
2022 +11.6% 157
2023 +12.2% 177
2024 +0.0% 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 924 business establishments in ZIP 48864, employing approximately 14,081 people with a combined annual payroll of $732,969,000.

924

Businesses

14,081

Employees

$733.0M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 168 18.2%
Health care and social assistance 151 16.3%
Retail trade 144 15.6%
Other services (except public administration) 87 9.4%
Finance and insurance 84 9.1%
Accommodation and food services 80 8.7%
Real estate and rental and leasing 44 4.8%
Construction 37 4.0%
Administrative and support and waste management and remediation services 31 3.4%
Educational services 25 2.7%
Information 17 1.8%
Manufacturing 13 1.4%
Wholesale trade 13 1.4%
Transportation and warehousing 13 1.4%
Arts, entertainment, and recreation 11 1.2%
Management of companies and enterprises 3 0.3%

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 48864 vs 48825 →

ZIP Code City Population Distance
48825 East Lansing, MI 12,596 4.2 mi
48840 Haslett, MI 12,501 5.0 mi
48823 East Lansing, MI 51,302 4.8 mi
48910 Lansing, MI 34,560 5.9 mi
48895 Williamston, MI 11,189 6.5 mi
48912 Lansing, MI 17,035 6.5 mi
48854 Mason, MI 18,598 8.6 mi
48808 Bath, MI 5,178 8.8 mi
48933 Lansing, MI 2,530 7.8 mi
48842 Holt, MI 20,432 8.2 mi

More ZIP Codes in Ingham County

Frequently Asked Questions

What county is ZIP code 48864 in?
ZIP code 48864 (Okemos) is located in Ingham County, Michigan. Ingham County contains multiple ZIP codes, see the full list at /counties/ingham-mi.
What is the population of ZIP code 48864?
ZIP code 48864 in Okemos, MI has a population of 20,148 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 48864?
The median household income in ZIP 48864 is $121,103, which is 59% above the national average of $76,288.
What is the average home value in ZIP 48864?
The median home value in ZIP 48864 is $378,700, which is 36% above the national average of $278,155.
What is the demographic makeup of ZIP 48864?
The largest racial group in ZIP 48864 is White at 60.2%. Hispanic or Latino residents make up 7.0% of the population.
How many businesses are in ZIP code 48864?
ZIP code 48864 has 924 business establishments employing approximately 14,081 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 48864?
The top industries by establishment count in ZIP 48864 are: Professional, scientific, and technical services (168), Health care and social assistance (151), Retail trade (144). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 48864?
According to the FHFA House Price Index, home values in ZIP 48864 increased by 0.0% 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 48864?
In ZIP code 48864, 82.3% of residents aged 25+ have a high school diploma or higher, and 75.5% 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 48864?
The mean commute time for workers in ZIP code 48864 is 19.6 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 48864?
In ZIP code 48864, approximately 67.8% of occupied housing units are owner-occupied and 32.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 48864?
The poverty rate in ZIP code 48864 is 5.9% 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 Okemos, 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.