48362 Zip Code

Below you will find a comprehensive overview of the statistics and characteristics of the 48362 zip code. These include population demographics, economic characteristics, education data, occupation information, housing characteristics, and more.

Key Information:
StateMichigan
CityLake Orion
Time ZoneAmerica/Detroit
Geo Location42.78226, -83.26969
Population14869
Size25.64 square miles
Median Family Income$112673.00
Median Home Value$275400.00

Population & Demographics

The following information lists the population statistics and breakdown for the 48362 zip code. The total population is 14869, of which, 7463 are male and 7406 are female. With a total area of 25.64 square miles, the population density is 617.5 people per square mile. The median age of the population is 43.9 years old. Below you’ll find additional information on the population and demographics of this zip code, including age distribution, race distribution, language spoken, and more.

YearPopulation
201114901
201215431
201315439
201415743
201516080
201616073
201715756
201816056
201915833
202015502
202114869

Age BracketNumber of PeoplePercentage of Population
Under 5 years old 7815.3%
Age 5-97164.8%
Age 10-147605.1%
Age 15-1911527.7%
Age 20-246904.6
Age 25-299136.1%
Age 30-348265.6%
Age 35-398185.5%
Age 40-44950 6.4%
Age 45-4910316.9%
Age 50-5410206.9%
Age 55-5913859.3%
Age 60-6413609.1%
Age 65-698675.8%
Age 70-746814.6%
Age 75-793892.6%
Age 80-842181.5%
Age 85 and over3122.1%


Languages Spoken (of those 5 years of age and older) :
  • Speaks Language other than English: 5.6 %
  • Speaks Spanish: 2.1 %
  • Speaks Other Indo-European Language: 1.3 %
  • Speaks Pacific Island Languages: 1.2 %
  • Speak Other Languages: 1 %
Marital Status: 
  • Currently Married: 54.7 %
  • Divorced: 12.3 %
  • Separated (not divorced): 0.4 %
  • Never Married: 27.8 %

Income & Economic Characteristics

The median inflation-adjusted family income in the 48362 zip code is $112673. This is 50.48% greater than the national average. This income places 4.9% of the population below the poverty line. The average retirement income for individuals in this zip code (for those that have it) is $27541. Below you can find additional economic characteristics, including income bracket distribution, median income over time, retirement statistics, and more.

Annual Income Bracket ($)Number of Families in Bracket
Less than $10,000.0047
$10,000.00 – $14,999.0017
$15,000.00 – $24,999.00119
$25,000.00 – $34,999.0097
$35,000.00 – $49,999.00260
$50,000.00 – $74,999.00512
$75,000.00 – $99,999.00637
$100,000.00 – $149,999.001193
$150,000.00 – $199,999,00482
$200,000.00 +756

YearMedian Family Income ($ USD)
201189580
201288706
201388016
201488774
201586250
201690533
2017100599
2018103117
2019103708
2020107454
2021112673

Income Source# of Households
Wage or Salary4816
Self Employment530
Social Security1784
Dividends, Interest, or Rental1417
Retirement1661
Other699

Total Insured & Uninsured Individuals: 
  • Families Insure: 14125
  • Families Uninsured: 639
Total Individuals with and w/o retirement income:   
  • Yes retirement income: 1661
  • No retirement income: 4169

Education

In the 48362 zip code, 96.6% of individuals over 25 years old have a high school degree or higher, and 40.9% have a bachelors degree or higher. Additionally, 11.4% of individuals 3 years and older are in private school, and 88.6% are in public school. The data below outline the education level breakdown, degree field breakdown, and more.




Occupation and Work Characteristics

In the 48362 zip, there are an estimated 8385 people in the labor force, of which, 8072 are employed, and 313 are unemployed. There are a total of 0 people in the armed forces. The average commute time for this zip code is 29.1 minutes. Of the total people that work, 805 worked from home and 7746 commuted. The average number of hours worked is 38.3. Below you’ll find additional information on occupation distribution, industry breakdown, commuting characteristics and workplace statistics.

Occupation# of Individual
Management, Business, Science, and Arts3534
Services1378
Sales and Office1543
Construction and Maintenance:637
Transportation and Material Moving980





Housing

The median home value for the 48362 zip code is 275400. There is an estimated  5830 number of occupied housing units, the median gross rent in is $1039 per month, and the average monthly housing costs are estimated to be $1323. Below you’ll find additional breakdowns of home values, rents, home build years, and more.

Home Value (USD)Number of Homes
Less than $50,00017
$50,000 – $99,000110
$100,000 – $149,999457
$150,000 – $199,999802
$200,000 – $299,9991365
$300,000 – $499,9991487
$500,000 – $999,999683
$1,000,000+27

Home Year BuiltNumber of Homes
2020 or Later0
2010 – 2019142
2000 – 2009490
1980 – 19991848
1960 – 19791173
1940 – 19591492
1939 or earlier685

The median number of rooms in all housing units is 6.4 rooms.
Monthly Rent ($ USD)Number of Units
Less than $50074
$500 – $999302
$1,000 – $1,499352
$1,500 – $1,99964
$2,000 – $2,4998
$2,499 – $2,9999
$3,000 + 10

Monthly Housing Costs ($)Number of Households
Less than 30083
300-499379
500-799935
800-999539
1000-14991359
1500-19991095
2000-2499608
2500-2999396
3000+373

Monthly Housing Cost as a % of Monthly IncomeNumber of Households
Less than 20%1854
20%-24.9%734
25%-29.9%175
30%-34.9%268
35+%543



# of VehiclesHouseholds
None215
11435
22620
3+1560
Home Heating Characteristics: 
  • Utility Gas: 91.2 %
  • Bottle Tank or LP Gas: 1.4 %
  • Electricity: 6 %
  • Oil or Kerosene etc: 0 %
  • Coal or Coke: 0 %
  • All Other: 0.8 %

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All information sourced from official government sources including Census.gov, the IRS, and the Department of Education.