48067 Zip Code

April 28, 2024

Zip Code:	48067
City/Town:	Royal Oak
State:	Michigan

Population:	24,458
Per Capita Income:	$37,243
Mean Household Income:	$77,917

Total Housing Units:	12,146
Median Home Value:	$144,200
Median Year Homes Built:	1949

Land Area:	4.6 sq miles 11.9 sq kilometers
Water Area:	0.0 sq miles 0.0 sq kilometers

Population Information (48067 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

24,458

Male:

12,325

50.4%

49.2%

Female:

12,133

49.6%

50.8%

Median Age:

35.7 yrs

37.2 yrs

Under 5 years:

1,418

5.8%

6.5%

5 to 9 years:

1,013

3.7%

6.6%

10 to 19 years:

1,768

7.2%

13.8%

20 to 29 years:

5,005

20.5%

13.8%

30 to 39 years:

4,687

19.2%

13.0%

40 to 49 years:

3,431

14.0%

14.2%

50 to 59 years:

3,363

13.8%

13.6%

60 to 69 years:

1,864

7.6%

9.4%

70 to 79 years:

965

3.9%

5.4%

80 years and over:

944

3.9%

3.7%

Housing Information (48067 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$144,200

$119,600

Median year homes build:

1949

1971

Median real estate taxes:

$1,803 / yr.

$1,334 / yr.

Median rent:

$580 / mo.

$519 / mo.

Total households:

12,146

Family households:

5,409

44.5%

66.4%

Nonfamily households:

6,737

55.5%

33.6%

Households with individuals under 18 years:

2,305

19.0%

33.4%

Households with individuals 65 years and over:

2,090

17.2%

24.9%

Average household size:

2.0

Average family size:

2.8

Total housing units:

13,014

Occupied housing units:

12,146

93.3%

88.6%

Vacant housing units:

868

6.7%

11.4%

For rent:

385

3.0%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

170

1.3%

1.4%

Sold, not occupied:

0.3%

For seasonal, recreational, or occasional use:

0.3%

3.5%

All other vacants:

219

1.7%

2.8%

Homeowner vacancy rate:

2.1%

2.4%

Rental vacancy rate:

8.4%

9.2%

Owner-occupied housing units:

7,953

Population in owner-occupied housing units:

17,224

Average household size of owner-occupied units:

2.2

2.65

Renter-occupied housing units:

4,193

Population in renter-occupied housing units:

7,058

Average household size of renter-occupied units:

1.7

2.44

Educational Attainment (48067 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

18,790

Less than 9th grade:

439

2.3%

6.2%

9th to 12th grade, no diploma:

1,178

6.3%

8.7%

High school graduate (includes equivalency):

4,099

21.8%

29.0%

Some college, no degree:

4,383

23.3%

20.6%

Associate degree:

1,246

6.6%

7.5%

Bachelor's degree:

4,818

25.6%

17.6%

Graduate or professional degree:

2,627

14.0%

10.3%

Percent high school graduate or higher:

91.4%

85.0%

Percent bachelor's degree or higher:

39.6%

27.9%

Income Information (48067 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Mean household income:

$0 / yr.

$70,883

Per capita income:

$0 / yr.

$27,334

Males 15 years and over with income:

10,367

42.4%

50.4%

Median income:

$40,502 / yr.

$27,932 / yr.

Full-time, year-round workers:

6,548

26.8%

59.7%

Median income:

$50,667 / yr.

$38,349 / yr.

Females 15 years and over with income:

9,729

39.8%

49.6%

Median income:

$24,429 / yr.

$16,327 / yr.

Full-time, year-round workers:

4,462

18.2%

40.3%

Median income:

$36,877 / yr.

$28,135 / yr.

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