48462 Zip Code Income, Population and Demographics

Are you tired of spending 10+ hours searching for demographic and population data for the 48462 zip code? We have all of the data you need by state, county, city, and zip code that will save you many hours of research!

In this article, we'll explore most of the 190+ data points we have for 48462, covering popular demographics statistics like household income, race, age and gender, educational attainment, poverty, housing, and transportation.

48462 is a zip code in Genesee County, Lapeer County, and Oakland County, Michigan, which covers Atlas, Hadley, Brandon, Groveland, and Oxford, with a total population of 12,803 people.

The data on this page is from the 2022 American Community Survey (ACS) 5-Year survey from the US Census Bureau.

Median Household Income

According to the latest ACS 5-year survey in 2022, the median household income in 48462 is $99,950.00.

The chart below shows the average household income by age in 48462.

• Under 25
  $84,643.00
• 25 to 44
  $122,692.00
• 45 to 64
  $125,625.00
• 65 and over
  $83,250.00

Average Household Income

A very commonly asked question is "what is the average household income in the 48462 zip code?". The official term for the average household income is the mean household income. The mean household income is the total income of all households divided by the number of households.

The average (or mean) household income in 48462 is $125,526.00.

14.54% of households in the 48462 zip code are classed as high income households (making $200,000+ per year).

Household Income Tiers for 48462

We can also look at the household income tiers. This lets you see how many households fall into each of the earnings brackets and what percentage that bracket is of the total number of households.

The chart below shows the household income brackets to see which age groups have the highest median income. The actual data is more granular than these brackets, but we've simplified them into bigger categories to make reviewing the data for the 48462 zip code easier to view.

You can purchase the raw data above, which will have the full income tiers with smaller jumps in household income.

• Less than $24,999
  6.34%
• $25,000 to $49,999
  10.72%
• $50,000 to $74,999
  11.85%
• $75,000 to $99,999
  21.12%
• $100,000 to $149,999
  21.68%
• $150,000 to $199,999
  13.75%
• $200,000 or more
  14.54%

Per Capita Income

The per capita income is the average income of all people in the 48462 zip code. This is calculated by dividing the total income of all people in 48462 by the total number of people in 48462.

It differs from the average or mean household income because it includes all people in 48462 and not just the people who earn an income (i.e. children, retirees, unemployed, etc.).

The per capita income in the 48462 zip code is $50,088.00.

Population in 48462 by Race and Ethnicity

The total population in 48462 is currently 12,803 people.

The race and ethnicity of the population in 48462 can be very important for social research, economics, and marketing to a multi-culturial society.

Whether you want to target products or services to a particular race or ethnicity, or provide housing and new businesses to improve areas with a larger ethnic minority population, this data is very valuable for discovering suitable areas.

The chart below breaks down the population and percentage for each race and ethnicity in the 48462 zip code.

• 0.40% White
  54
• 93.40% Black/African American
  11,962
• 89.50% Native
  11,459
• 3.30% Hispanic
  423
• 0.20% Asian
  21
• 0.20% Hawaiian/Pacific Islander
  21
• 0.00% Two or more races
  0
• 2.30% Other
  293

Population of 48462 by Age and Gender

Another very important demographics statistic for the 48462 zip code is the age and gender of the population. The age and gender of the population can be used to track trends in population growth or decline, and for businesses, the data can be used to identify people important to you and your business need.

In the table below, we show age groups at a 10 year granularity for ease of use. The raw data, which can be purchased above, includes age and gender at a 5 year granularity.

Education Levels

Educational attainment is a very useful statistic that can give insights into other data such as the average household income, unemployment levels, and literacy.

What this means is that it is likely for areas that have higher levels of education to have higher average household incomes, lower unemployment rates, and higher literacy rates.

The chart below shows the educational attainment of the population in the 48462 zip code.

• Master's degree or higher
  16.02%
• Bachelor's degree
  33.13%
• Some college or associate's degree
  14.27%
• High school diploma or equivalent
  33.25%
• Less than high school diploma
  3.33%

Unemployment Rates

The unemployment rate is the percentage of the population that is actively looking for work but is unable to find a job. The unemployment rate is a very important statistic for 48462 because it can show how many people are actively looking for work and how many people are unable to find a job.

Lower levels of unemployment is generally seen as a positive sign for the economy. It also makes the government in 48462 look good because it shows that they are doing a good job of creating jobs, working to capacity, being efficient, and keeping the economy strong.

The unemployment rate is calculated using the total population in the 48462 zip code that are over the age of 16.

The current population in 48462 that are over the age of 16 is 10,515 people.

The unemployment rate in 48462 is 4.20%, which means 279 people are unemployed.

Median Age in 48462

The median age is an interesting metric because it gives us an idea of the age distribution of people in the 48462 zip code. You know when you see a median age that it is the age where half of the population is older and half is younger than it.

For demographic studies, this can be used to infer and compare date to things such as birth rates, the age of parents, and so on.

An increasing median age can be a sign of an aging population, which can be a sign of a declining population. This is because older people tend to have fewer children and die more often than younger people.

The median age in 48462 is 45.8 years old.

We can also look at the median age by gender to compare the see how each group compares to the total median age:

Median age by gender in 48462

45.8

Total

42.8

Male

48.9

Female

Households and Families

There are a total of 5,019 households in 48462, and the average household size is 2.53 people.

For families, the total number is 3,698, and the average family size is 2.96 people.

2.50% of those families in the 48462 zip code are living below the poverty line.

The table below shows the poverty thresholds for 48462 in .

Households and Families by Marital Status

There are four types of household and family, as defined by the Census Bureau:

• Married-couple
• Male householder, no spouse present
• Female householder, no spouse present
• Nonfamily household

In the table below, you can see the total households and families in the 48462 zip code for each type, as well as the average sizes.

Housing Data in 48462

There are total of 5,104 housing units in the 48462 zip code. Of those units, 5,019 (98.33%) are occupied, and 85 (1.67%) are vacant.

Rental Rates

Of the 5,104 housing units in 48462, 210 (4.11%) are occupied by renters. The median rent paid by renters is $912.00.

Owner occupied housing units make up the remaining 92.89% of housing units, with 4,741 housing units in total.

The table below breaks down how much rent is paid by renters in the 48462 zip code.

• No rent paid
  68
• Less than $500
  0
• $500 to $999
  128
• $1,000 to $1,499
  56
• $1,500 to $1,999
  0
• $2,000 to $2,499
  14
• $2,500 to $2,999
  12
• $3,000 or more
  0

Property Values

The median value of a property in 48462 is $308,200.00.

The table below breaks down the range of valuations for all properties in 48462.

• Less than $50,000
  81
• $50,000 to $99,999
  97
• $100,000 to $149,999
  293
• $150,000 to $199,999
  281
• $200,000 to $299,999
  1,516
• $300,000 to $499,999
  2,146
• $500,000 to $999,999
  282
• $1,000,000 or more
  45

Property Age

We can also look at the number of properties built in a given year to see the spread of property age in the 48462 zip code.

• 1939 or earlier
  314
• 1940 to 1949
  285
• 1950 to 1959
  272
• 1960 to 1969
  601
• 1970 to 1979
  1,176
• 1980 to 1989
  708
• 1990 to 1999
  986
• 2000 to 2009
  565
• 2010 to 2013
  189
• 2014 or later
  8

Vehicles Available per Household

Finally, we have data on how many vehicles each household in 48462 has. The table below breaks down the number of vehicles available per household.

• No vehicles available
  32
• 1 vehicle available
  859
• 2 vehicles available
  2,168
• 3 or more vehicles available
  1,960

Commuting to Work in 48462

The time and means of commuting to work are useful metrics to look at because they can be correlated against other data such as income and education level.

Does a longer commuting time indicate a higher average income? If so, has the huge increase in home working during the pandemic changed this?

Using these metrics, we can get a better understanding of the demographics of the 48462 zip code, how they commute, and how that correlates to other data points.

The average travel time is 34.7 minutes, and the chart below covers the range of travel times across the population of 48462.

• Less than 5 minutes
  74
• 5 to 9 minutes
  501
• 10 to 14 minutes
  210
• 15 to 19 minutes
  294
• 20 to 24 minutes
  612
• 25 to 29 minutes
  470
• 30 to 34 minutes
  688
• 35 to 39 minutes
  211
• 40 to 44 minutes
  531
• 45 to 59 minutes
  843
• 60 to 89 minutes
  799
• 90 or more minutes
  85

We can also look at the means of transport in 48462 to see which modes of transport people are using to commute to work.

• Drove alone
  4,931
• Carpooled
  334
• Public transportation
  0
• Walked
  39
• Other means
  14
• Worked from home
  911

Conclusion

Hopefully this article has given you the demographics data you were looking for in the 48462 zip code.

If you need more demographics data, or you need the data listed above in spreadsheet form with more granular grouping, head back to the top of this page where you can purchase the complete demographics data for 48462.

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