Waterford, MI 48327 ZIP Code Profile

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Waterford, MI
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ZIP Code 48327: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Waterford, MI 48327

Not Acceptable, USPS
Waterford Township, MI 48327

  • ZIP Code Type: STANDARD
  • Businesses Addresses: 527
  • Single Family Addresses: 8,129
  • Multi-Family Addresses: 1,715
  • County: Oakland County
  • Centroid: Latitude 42.648, Longitude -83.407
  • 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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48327 ZIP Code Map

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Waterford, MI 48327 Data & Demographics (As of July 1, 2017)

POPULATION

Total Population 22,448
Daytime Population: Workers 6,005
Daytime Population: Residents 10,996
Total Daytime Population (TDP) 17,001
Ratio TDP/Total Population1 0.76
Population in Households 22,176
Population in Familes 17,174
Population in Group Qrtrs 272
Population Density2 1,844
Diversity Index3 31
 

INCOME

Median Household Income $55,561
Average Household Income $72,055
Per Capita Income $30,697

HOUSING

Total Housing Units 10,377 (100%)
Owner Occupied HU 6,465 (62.3%)
Renter Occupied HU 2,993 (28.8%)
Vacant Housing Units 919 ( 8.9%)
Median Home Value $157,136
Average Home Value $177,904
 

HOUSEHOLDS

Total Households 9,458
Average Household Size 2.34
Family Households 5,727
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 0.39% 0.45%
Households 0.43% 0.47%
Families 0.18% 0.32%
Median Household Income   1.8%
Per Capita Income   2.55%

Waterford, MI 48327 - Peer Comparisons by Rank and Percentile

The table below compares 48327 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 # 161 84th
Population Density # 160 84th
Diversity Index # 219 78th
Median Household Income # 283 71st
Per Capita Income # 213 78th

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


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