Lake Orion, MI 48360 ZIP Code Profile

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Lake Orion, MI
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ZIP Code 48360: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Lake Orion, MI 48360

Acceptable Alternative
Orion, MI 48360

Not Acceptable, USPS
Orion Township, MI 48360
Orion Twp, MI 48360

  • ZIP Code Type: STANDARD
  • County: Oakland County
  • Centroid: Latitude 42.766, Longitude -83.278
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes
  • Businesses Addresses: 224
  • PO Box Addresses: 0
  • Residential Addresses: 4,800
    • Multi-Family Addresses: 67
    • Single Family Addresses: 4,733

The ZIP Code maps and database are updated 4 times per year.
Database updated: April 1, 2020, Maps updated: May 1, 2020.

Jump to... (On This Page!)
  1. 48360 2019 Demographic Data
  2. Growth Rates for 48360 (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Michigan Research Tools (Easy Tools & Current Data)
  3. Michigan Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.



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Lake Orion, MI 48360 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Lake Orion, MI 48360 Housing Affordability Index is 188
State of Michigan Housing Affordability Index is 142
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.

WEALTH INDEX

Lake Orion, MI 48360 Wealth Index is 190
State of Michigan Wealth Index is 92
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  1. For information about schools and school attendance zones, use the HTL Address Tool
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  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Michigan COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 11,750 (100%)
Population in Households 11,712 (99.7%)
Population in Families 10,306 (87.7%)
Population in Group Quarters1 38 ( 0.3%)
Population Density 972
Diversity Index2 28
 

INCOME

Median Household Income $112,731
Average Household Income $136,115
Per Capita Income $48,229
Wealth Index4 190

HOUSING

Total Housing Units 4,279 (100%)
Owner Occupied HU 3,346 (78.2%)
Renter Occupied HU 817 (19.1%)
Vacant Housing Units 116 ( 2.7%)
Median Home Value $299,011
Housing Affordability Index3 188
 

HOUSEHOLDS

Total Households 4,163
Average Household Size 2.81
Family Households 3,200
Average Family Size 3
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 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.
  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 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 0.88% 1.04%
Households 0.97% 1.08%
Families 0.72% 0.94%
Median Household Income   1.72%
Per Capita Income   2.45%

Lake Orion, MI 48360 - Peer Comparisons by Rank and Percentile

The table below compares 48360 to the other 986 ZIP Codes in Michigan by rank and percentile using July 1, 2019 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 # 297 70th
Population Density # 218 78th
Diversity Index # 269 73rd
Median Household Income # 16 98th
Per Capita Income # 44 96th

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


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