US > Michigan > Oakland County > Rochester, MI 48306

48306 ZIP Code Profile, Map, Data & Demographics

Related Place Profiles:
Goodison, MI | Rochester, MI | Rochester Hills, MI
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ZIP Code 48306: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Rochester, MI 48306

Acceptable Alternative
Goodison, MI 48306
Oakland, MI 48306
Oakland Township, MI 48306
Oakland Twp, MI 48306
Rochester Hills, MI 48306
Rochester Hls, MI 48306

  • ZIP Code Type: STANDARD
  • County: Oakland County
  • Centroid: Latitude 42.725, Longitude -83.15
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes

ZIP Code 48306 has segments in 2 Counties (Macomb, Oakland).

  • Businesses Addresses: 189
  • PO Box Addresses: 0
  • Residential Addresses: 10,478
    • Multi-Family Addresses: 472
    • Single Family Addresses: 10,006

The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2025, Maps updated: May 1, 2024.

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Rochester, MI 48306 Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 27,956 (100%)
Population in Households 27,940 (99.9%)
Population in Families 25,287 (90.5%)
Population in Group Quarters1 16 ( 0.1%)
Population Density 1,259
Diversity Index2 43
 
 

INCOME

Median Household Income $170,577
Average Household Income $225,515
% of Income for Mortgage4 19%
Per Capita Income $82,314
Wealth Index5 242
Socioeconomic Status Index6 High (73.1)
 

HOUSING

Total HU (Housing Units) 10,504 (100%)
Owner Occupied HU 9,351 (89.0%)
Renter Occupied HU 853 ( 8.1%)
Vacant Housing Units 300 ( 2.9%)
Median Home Value $503,817
Average Home Value $570,680
Housing Affordability Index3 125
 

HOUSEHOLDS

Total Households 10,204
Average Household Size 2.74
Family Households 8,096
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. 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 races 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.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

 2020-2024 2024-2029
Population -0.32% -0.15%
Households 0.56% 0.38%
Families   0.25%
Median Household Income   1.44%
Per Capita Income   2.52%
Owner Occupied HU   0.51%

Rochester, MI 48306 - Peer Comparisons by Rank and Percentile

The table below compares 48306 to the other 958 ZIP Codes in Michigan by rank and percentile using July 1, 2024 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 # 103 89th
Population Density # 193 80th
Median Household Income # 5 100th
Housing Affordability Index # 606 63rd
Per Capita Income # 12 99th
Diversity Index # 190 80th

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


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