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, 2017)

POPULATION

Total Population 21,025
Daytime Population: Workers 27,034
Daytime Population: Residents 10,521
Total Daytime Population (TDP) 37,555
Ratio TDP/Total Population1 1.79
Population in Households 20,933
Population in Familes 18,988
Population in Group Qrtrs 92
Population Density2 2,116
Diversity Index3 46
 

INCOME

Median Household Income $124,744
Average Household Income $170,001
Per Capita Income $63,101

HOUSING

Total Housing Units 8,010 (100%)
Owner Occupied HU 7,033 (87.8%)
Renter Occupied HU 756 ( 9.4%)
Vacant Housing Units 221 ( 2.8%)
Median Home Value $325,718
Average Home Value $349,293
 

HOUSEHOLDS

Total Households 7,789
Average Household Size 2.69
Family Households 6,165
Average Family Size 3
NOTES
  1. If the ratio of the TDP to Total Population is greater than 1, the location gains population during the day when commuting workers are present. If the ratio is less than 1, the location is more of a bedroom community where people commute to another place for work.
  2. Population Density = Total Population per square mile.
  3. The Diversity Index is a scale of 0 to 100 that represents the likelihood 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.

GROWTH RATE / YEAR

2010-2017 2017-2022
Population 0.37% 0.45%
Households 0.48% 0.5%
Families 0.34% 0.41%
Median Household Income   0.6%
Per Capita Income   1.49%

Troy, MI 48098 - Peer Comparisons by Rank and Percentile

The table below compares 48098 to the other 984 ZIP Codes in Michigan by rank and percentile using July 1, 2017 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 # 184 81st
Population Density # 144 85th
Diversity Index # 110 89th
Median Household Income # 6 99th
Per Capita Income # 9 99th

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


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