48162 Zip Code

April 18, 2024

Zip Code:	48162
City/Town:	Monroe
State:	Michigan

Population:	29,344
Per Capita Income:	$26,735
Mean Household Income:	$71,307

Total Housing Units:	11,590
Median Home Value:	$127,100
Median Year Homes Built:	1962

Land Area:	57.2 sq miles 148.2 sq kilometers
Water Area:	1.5 sq miles 3.8 sq kilometers

Population Information (48162 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

29,344

Male:

14,009

47.7%

49.2%

Female:

15,335

52.3%

50.8%

Median Age:

39.8 yrs

37.2 yrs

Under 5 years:

1,824

6.2%

6.5%

5 to 9 years:

1,844

7.2%

6.6%

10 to 19 years:

4,080

13.9%

13.8%

20 to 29 years:

3,511

12.0%

13.8%

30 to 39 years:

3,495

11.9%

13.0%

40 to 49 years:

4,133

14.1%

14.2%

50 to 59 years:

4,357

14.8%

13.6%

60 to 69 years:

2,877

9.8%

9.4%

70 to 79 years:

1,664

5.7%

5.4%

80 years and over:

1,559

5.3%

3.7%

Housing Information (48162 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$127,100

$119,600

Median year homes build:

1962

1971

Median real estate taxes:

$1,624 / yr.

$1,334 / yr.

Median rent:

$506 / mo.

$519 / mo.

Total households:

11,590

Family households:

7,858

67.8%

66.4%

Nonfamily households:

3,732

32.2%

33.6%

Households with individuals under 18 years:

3,805

32.8%

33.4%

Households with individuals 65 years and over:

2,896

25.0%

24.9%

Average household size:

2.5

Average family size:

3.0

Total housing units:

12,591

Occupied housing units:

11,590

92.0%

88.6%

Vacant housing units:

1,001

8.0%

11.4%

For rent:

488

3.9%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

164

1.3%

1.4%

Sold, not occupied:

0.3%

For seasonal, recreational, or occasional use:

0.4%

3.5%

All other vacants:

242

1.9%

2.8%

Homeowner vacancy rate:

2.0%

2.4%

Rental vacancy rate:

12.1%

9.2%

Owner-occupied housing units:

8,071

Population in owner-occupied housing units:

20,742

Average household size of owner-occupied units:

2.6

2.65

Renter-occupied housing units:

3,519

Population in renter-occupied housing units:

7,967

Average household size of renter-occupied units:

2.3

2.44

Educational Attainment (48162 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

19,106

Less than 9th grade:

1,117

5.8%

6.2%

9th to 12th grade, no diploma:

2,748

14.4%

8.7%

High school graduate (includes equivalency):

6,708

35.1%

29.0%

Some college, no degree:

4,193

21.9%

20.6%

Associate degree:

1,385

7.2%

7.5%

Bachelor's degree:

1,793

9.4%

17.6%

Graduate or professional degree:

1,162

6.1%

10.3%

Percent high school graduate or higher:

79.8%

85.0%

Percent bachelor's degree or higher:

15.5%

27.9%

Income Information (48162 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:

10,283

35.0%

50.4%

Median income:

$35,757 / yr.

$27,932 / yr.

Full-time, year-round workers:

6,047

20.6%

59.7%

Median income:

$46,072 / yr.

$38,349 / yr.

Females 15 years and over with income:

10,107

34.4%

49.6%

Median income:

$14,963 / yr.

$16,327 / yr.

Full-time, year-round workers:

3,519

12.0%

40.3%

Median income:

$27,911 / yr.

$28,135 / yr.

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