48381 Zip Code

April 16, 2024

Zip Code:	48381
City/Town:	Milford Twp
State:	Michigan

Population:	12,605
Per Capita Income:	$34,113
Mean Household Income:	$89,830

Total Housing Units:	4,963
Median Home Value:	$209,400
Median Year Homes Built:	1978

Land Area:	20.0 sq miles 51.9 sq kilometers
Water Area:	0.8 sq miles 2.0 sq kilometers

Population Information (48381 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

12,605

Male:

6,094

48.3%

49.2%

Female:

6,511

51.7%

50.8%

Median Age:

42.8 yrs

37.2 yrs

Under 5 years:

657

5.2%

6.5%

5 to 9 years:

812

6.8%

6.6%

10 to 19 years:

1,762

14.0%

13.8%

20 to 29 years:

1,229

9.8%

13.8%

30 to 39 years:

1,317

10.4%

13.0%

40 to 49 years:

2,107

16.7%

14.2%

50 to 59 years:

2,267

18.0%

13.6%

60 to 69 years:

1,388

11.0%

9.4%

70 to 79 years:

659

5.2%

5.4%

80 years and over:

407

3.2%

3.7%

Housing Information (48381 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$209,400

$119,600

Median year homes build:

1978

1971

Median real estate taxes:

$2,593 / yr.

$1,334 / yr.

Median rent:

$534 / mo.

$519 / mo.

Total households:

4,963

Family households:

3,586

72.3%

66.4%

Nonfamily households:

1,377

27.7%

33.6%

Households with individuals under 18 years:

1,622

32.7%

33.4%

Households with individuals 65 years and over:

1,182

23.8%

24.9%

Average household size:

2.5

Average family size:

3.0

Total housing units:

5,369

Occupied housing units:

4,963

92.4%

88.6%

Vacant housing units:

406

7.6%

11.4%

For rent:

128

2.4%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

147

2.7%

1.4%

Sold, not occupied:

0.4%

0.3%

For seasonal, recreational, or occasional use:

0.7%

3.5%

All other vacants:

1.3%

2.8%

Homeowner vacancy rate:

3.5%

2.4%

Rental vacancy rate:

12.6%

9.2%

Owner-occupied housing units:

4,081

Population in owner-occupied housing units:

10,724

Average household size of owner-occupied units:

2.6

2.65

Renter-occupied housing units:

882

Population in renter-occupied housing units:

1,857

Average household size of renter-occupied units:

2.1

2.44

Educational Attainment (48381 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

7,830

Less than 9th grade:

189

2.4%

6.2%

9th to 12th grade, no diploma:

481

6.1%

8.7%

High school graduate (includes equivalency):

1,974

25.2%

29.0%

Some college, no degree:

2,097

26.8%

20.6%

Associate degree:

648

8.3%

7.5%

Bachelor's degree:

1,580

20.2%

17.6%

Graduate or professional degree:

861

11.0%

10.3%

Percent high school graduate or higher:

91.4%

85.0%

Percent bachelor's degree or higher:

31.2%

27.9%

Income Information (48381 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:

4,286

34.0%

50.4%

Median income:

$45,196 / yr.

$27,932 / yr.

Full-time, year-round workers:

2,678

21.2%

59.7%

Median income:

$60,769 / yr.

$38,349 / yr.

Females 15 years and over with income:

3,945

31.3%

49.6%

Median income:

$20,662 / yr.

$16,327 / yr.

Full-time, year-round workers:

1,580

12.5%

40.3%

Median income:

$31,931 / yr.

$28,135 / yr.

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