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Zip Code 48362 Map And Demographics

Home»Michigan State»Oakland County»Lake Orion»Zip Code 48362
  • Population
    15,431
  • Density
    1,556 / sqml.
  • Med. Home Value
    $185,300
  • Med. Rent
    $763

Zip Code Rankings

The table shows the top 5 positions of zip code 48362 on our zip code ranking charts. For example, a rank of 10 means that a zip code ranks #10 on the list of the top zip codes in America for a particular value. The lists were created for all zip codes in America with the population of 1000 residents or higher.

Rank Report Value
#2,703 Top Zip Codes With The Highest Percentage Of College Undergrads 7.29%
#3,338 Top Zip Codes With The Highest Percentage Of Rich Households 6.46%
#3,508 Top Zip Codes With The Highest Percentage Of Wealthy Families 8.13%
#3,855 Top Zip Codes With The Highest Percentage Of Males 51.89%
#4,251 Top Zip Codes With The Highest Percentage Of College Graduates 1.57%

Population breakdown by gender

Population in zip code 48362 is 15,431 residents | Male to Female ratio is 1:0.93 | Zip Code 48362 land area is 9.9185 sq. miles | Population density is 1,555.78 residents per square mile

Median age

  Median Age
Zip Code Median Age 38.6
Median Age - Male 36.2
Median Age - Female 41.6

Median age of zip code 48362 is equal compared to nearby zip codes and 3.8% higher compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 48362 is 4.5% lower compared to nearby zip codes and 1.1% higher compared to the United States male median age. Female zip code 48362 median age is 6.4% higher in comparison to nearby zip codes and 8.1% higher compared to female national median age average.

Population breakdown by age

Racial makeup

Race Count
White population 14406
Black or African American population 391
Asian population 363
American Indian and Alaska Native population 21
Native Hawaiian and other Pacific Islander population 0
Other population 63

Region of birth

Ancestry distribution

Ancestry Percent Ancestry Percent
Arab 0.8% Czech 1%
Danish 1.3% Dutch 2.9%
English 12.1% French No Basque 7.2%
French Canadian 3.1% German 25.1%
Greek 0.3% Hungarian 1.7%
Irish 14.8% Italian 6%
Lithuanian 0.6% Norwegian 1.2%
Polish 12.4% Portuguese 0%
Russian 0.4% Scotch-Irish 2%
Scottish 4.4% Slovak 0.6%
Subsaharan African 0.1% Swedish 1.5%
Swiss 0.6% Ukrainian 0.8%
USA 7.4% Welsh 0.7%
West Indian No Hispanic Groups 0% Other Ancestries 12.9%

Family type by presence of children under 18 by age

Family Type Distribution
Total families 4135
Married couples 87.64%
Other couples 12.36%

Family and household income distribution

  Family income (%) Household income (%)
$30,000 or less 8.71% 17.29%
$30,000 and $50,000 13.37% 15.32%
$50,000 and $100,000 37.65% 35.21%
$100,000 and $200,000 32.14% 25.71%
$200,000 or more 8.13% 6.46%

Households by size

Household language

Language Spoken Percent
English language 92.91%
Spanish language 2.45%
Other European language 2.55%
Asian language 2.02%
Other language 0.08%

Population by housing unit

Housing Unit Percent
Total Occupied housing units 5600
Detached housing units 84.43%
Attached housing units 1.95%
2 units 1.25%
3 - 4 units 1.16%
5 - 9 units 3.7%
10 - 19 units 4.25%
20 - 49 units 0.88%
50 or more units 2.39%
Mobile homes 0%
Boats, RVs, Vans 0%

Means of transportation to work

Means Percent
Use car, track or Van 95.22%
Use public transportation 0.32%
Use Motorcycle 0%
Use bicycle 0.43%
Walk to work 0.72%
Work at home 3.3%

School attendance

Attendance Percent
Attent Preschool programs 3.35%
Attend Public School 17.58%
Attend college undergraduate program 7.29%
Attent graduate studies 1.57%
Not enrolled in school 70.21%

Highest school attainment

Attainment Percent
Less then 9th grade 1.26%
Grade 9 to 12, no diploma 3.82%
High school diploma 22.84%
Some college, no degree 31.07%
Associate degree 11.97%
Bachelor's degree 26.56%
Graduate or professional degree 2.48%

Business Counts by Industry

Industry Type Count
Total of all sectors 305
Retail Trade 51
Professional, Scientific, and Technical Services 45
Construction 36
Health Care and Social Assistance 32
Other Services (except Public Administration) 30
Accommodation and Food Services 27
Administrative and Support and Waste Management and Remediation Services 20
Finance and Insurance 19
Real Estate and Rental and Leasing 12
Manufacturing 8
Wholesale Trade 8
Information 6
Arts, Entertainment, and Recreation 6
Educational Services 3
Transportation and Warehousing 1
Management of Companies and Enterprises 1

Real Estate

Metric Value
Housing occupied 91.16%
Housing vacant 8.84%
Housing occupied by owner 81.54%
Housing occupied by tenant 18.46%
Total Rented Units 1034
Median Contract Gross Rent $623
Median Gross Rent $763
Median Home Value $185,300

Contract rent is the monthly cash rent agreed to, regardless of any furnishings, utilities, fees, meals, or services that may be included. Gross rent is the contract rent plus the estimated average monthly cost of utilities and fuels if these are paid by the renter. In zip code 48362 median gross rent is 22.47% larger then the median contract rent.

Average estimated apartment rent

Apartment Type Average Rent
Studio $600
1 Bedroom $690
2 Bedrooms $820
3 Bedrooms $980
4 Bedrooms $1,010
AVERAGE RENT $820

Average rent in zip code 48362 ($820.00) is 2.6% lower compared to nearby zip codes and 12.3% lower compared to the average rent in the US. The following illustrates how zip code 48362 rent compares to the nearby zip code rents by unit type: studio apartment rent is 3.1% lower, one bedroom apartment rent is 1.9% lower, two bedroom rent is 2.6% lower, three bedroom rent is 2.7% lower, four bedroom rent is 2.5% lower.

Housing units

Housing Unit Percent
Total housing units 6143
Detached housing units 85.04%
Attached housing units 1.95%
2 units 1.3%
3 - 4 units 1.06%
5 - 9 units 3.37%
10 - 19 units 3.87%
20 - 49 units 0.8%
50 or more units 2.18%
Mobile homes 0.42%
Boats, RVs, Vans 0%

Real Estate taxes paid

Tax Amount
Total Real Estate Taxes $15,696,600
Real estate taxes paid for units with a mortgage $12,481,800
Real estate taxes paid for units with no mortgage $3,214,800

Nearby Zip Code Income Per Capita Comparison

Compare Zip Codes

or compare zip code 48362 to other nearby zip codes.

Zip Codes Near 48362

Zip Code City County Distance
48360 Lake Orion Oakland 2.3 ml
48371 Oxford Oakland 3.29 ml
48359 Lake Orion Oakland 3.66 ml
48342 Pontiac Oakland 5.68 ml
48370 Oxford Oakland 5.78 ml
48363 Oakland Oakland 5.95 ml
48348 Clarkston Oakland 6.6 ml
48306 Rochester Oakland 6.88 ml
48326 Auburn Hills Oakland 7.1 ml
48340 Pontiac Oakland 7.32 ml