Troy, MI 48098 ZIP Code Profile

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Troy, MI
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ZIP Code 48098: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Troy, MI 48098

  • ZIP Code Type: STANDARD
  • Businesses Addresses: 446
  • Single Family Addresses: 7,144
  • Multi-Family Addresses: 174
  • County: Oakland County
  • Centroid: Latitude 42.604, Longitude -83.176
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes

Neighborhood Data

Address Based Hyperlocal Data Input an address and get data & demographics for the pertinent census block group (CBG), a searchable map and a customized directory. The CBG is the smallest geographical unit used by the Census Bureau for reporting certain data.


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48098 ZIP Code Map

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Troy, MI 48098 Data & Demographics (As of July 1, 2016)

POPULATION

Total Population 20,085
Population in Households 20,039
Population in Familes 18,245
Population in Group Qrtrs 46
Population Density1 2,069
Diversity Index2 46
 

HOUSEHOLDS

Total Households 7,434
Average Household Size 2.7
Family Households 5,935
Average Family Size 3

HOUSING

Total Housing Units 7,700 (100%)
Owner Occupied HU 6,756 (87.7%)
Renter Occupied HU 678 ( 8.8%)
Vacant Housing Units 266 ( 3.5%)
Median Home Value $332,556
Average Home Value $355,095
 

INCOME

Median Household Income $122,336
Average Household Income $165,485
Per Capita Income $61,314
  (Compound Annual Growth Rates)

GROWTH RATES

2010-2015 2015-2020
Population 0.16% 0.44%
Households 0.31% 0.55%
Families 0.18% 0.46%
Median Household Income   1.31%
Per Capita Income   1.41%
1) Population Density = Total Population per square mile.
2) The Diversity Index is a scale of 0 to 100 that represents the likelyhood that two persons, chosen at random from the same area, belong to different race or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
Based on Census 2010 counts, the Diversity Index for the United States was 60.6 and it is expected to increase to 64.8 by July 1, 2018.

Troy, MI 48098 - Peer Comparisons by Rank and Percentile

The table below compares 48098 to the other 987 ZIP Codes in Michigan by rank and percentile using July 1, 2016 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 192 81st
Population Density1 # 145 85th
Diversity Index2 # 111 89th
Median Household Income # 3 100th
Per Capita Income # 10 99th

Additional comparisons and rankings can be made with a VERY EASY TO USE Michigan Census Data Comparison Tool.