Milford, MI 48380 ZIP Code Profile

Related Place Profiles:
Milford, MI
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ZIP Code 48380: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Milford, MI 48380

Not Acceptable, USPS
Milford Twp, MI 48380

  • ZIP Code Type: STANDARD
  • County: Oakland County
  • Centroid: Latitude 42.586, Longitude -83.651
  • Time Zone: Eastern Time Zone (UTC -5 hours)
  • Observes DST: Yes

ZIP Code 48380 has segments in 2 Counties (Livingston, Oakland).

  • Businesses Addresses: 20
  • PO Box Addresses: 0
  • Residential Addresses: 2,866
    • Multi-Family Addresses: 0
    • Single Family Addresses: 2,866

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. 48380 2019 Demographic Data
  2. Growth Rates for 48380 (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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Milford, MI 48380 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Milford, MI 48380 Housing Affordability Index is 162
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

Milford, MI 48380 Wealth Index is 224
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.

More Tools and Resources:

  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  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 7,984 (100%)
Population in Households 7,818 (97.9%)
Population in Families 7,048 (88.3%)
Population in Group Quarters1 166 ( 2.1%)
Population Density 275
Diversity Index2 16
 

INCOME

Median Household Income $110,904
Average Household Income $140,170
Per Capita Income $49,024
Wealth Index4 224

HOUSING

Total Housing Units 2,897 (100%)
Owner Occupied HU 2,640 (91.1%)
Renter Occupied HU 151 ( 5.2%)
Vacant Housing Units 106 ( 3.7%)
Median Home Value $352,841
Housing Affordability Index3 162
 

HOUSEHOLDS

Total Households 2,791
Average Household Size 2.8
Family Households 2,253
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 0.83% 0.82%
Households 0.96% 0.89%
Families 0.83% 0.81%
Median Household Income   2.45%
Per Capita Income   2.64%

Milford, MI 48380 - Peer Comparisons by Rank and Percentile

The table below compares 48380 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 # 371 62nd
Population Density # 345 65th
Diversity Index # 496 49th
Median Household Income # 21 98th
Per Capita Income # 39 96th

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


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