48062 Zip Code

April 19, 2024

Zip Code:	48062
City/Town:	Richmond Township
State:	Michigan

Population:	9,373
Per Capita Income:	$27,455
Mean Household Income:	$75,600

Total Housing Units:	3,434
Median Home Value:	$151,000
Median Year Homes Built:	1972

Land Area:	39.5 sq miles 102.3 sq kilometers
Water Area:	0.1 sq miles 0.2 sq kilometers

Population Information (48062 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

9,373

Male:

4,676

49.9%

49.2%

Female:

4,697

50.1%

50.8%

Median Age:

40.6 yrs

37.2 yrs

Under 5 years:

528

5.6%

6.5%

5 to 9 years:

634

7.0%

6.6%

10 to 19 years:

1,350

14.4%

13.8%

20 to 29 years:

928

9.9%

13.8%

30 to 39 years:

1,165

12.4%

13.0%

40 to 49 years:

1,467

15.7%

14.2%

50 to 59 years:

1,417

15.1%

13.6%

60 to 69 years:

993

10.6%

9.4%

70 to 79 years:

515

5.5%

5.4%

80 years and over:

376

4.0%

3.7%

Housing Information (48062 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$151,000

$119,600

Median year homes build:

1972

1971

Median real estate taxes:

$1,936 / yr.

$1,334 / yr.

Median rent:

$447 / mo.

$519 / mo.

Total households:

3,434

Family households:

2,524

73.5%

66.4%

Nonfamily households:

910

26.5%

33.6%

Households with individuals under 18 years:

1,196

34.8%

33.4%

Households with individuals 65 years and over:

842

24.5%

24.9%

Average household size:

2.7

Average family size:

3.1

Total housing units:

3,733

Occupied housing units:

3,434

92.0%

88.6%

Vacant housing units:

299

8.0%

11.4%

For rent:

125

3.3%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

1.4%

Sold, not occupied:

0.5%

0.3%

For seasonal, recreational, or occasional use:

0.8%

3.5%

All other vacants:

2.0%

2.8%

Homeowner vacancy rate:

1.8%

2.4%

Rental vacancy rate:

16.1%

9.2%

Owner-occupied housing units:

2,784

Population in owner-occupied housing units:

7,569

Average household size of owner-occupied units:

2.7

2.65

Renter-occupied housing units:

650

Population in renter-occupied housing units:

1,524

Average household size of renter-occupied units:

2.3

2.44

Educational Attainment (48062 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

5,483

Less than 9th grade:

317

5.8%

6.2%

9th to 12th grade, no diploma:

559

10.2%

8.7%

High school graduate (includes equivalency):

1,981

36.1%

29.0%

Some college, no degree:

1,330

24.3%

20.6%

Associate degree:

544

9.9%

7.5%

Bachelor's degree:

448

8.2%

17.6%

Graduate or professional degree:

304

5.5%

10.3%

Percent high school graduate or higher:

84.0%

85.0%

Percent bachelor's degree or higher:

13.7%

27.9%

Income Information (48062 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:

3,034

32.4%

50.4%

Median income:

$33,048 / yr.

$27,932 / yr.

Full-time, year-round workers:

1,777

19.0%

59.7%

Median income:

$48,075 / yr.

$38,349 / yr.

Females 15 years and over with income:

2,839

30.3%

49.6%

Median income:

$16,669 / yr.

$16,327 / yr.

Full-time, year-round workers:

1,066

11.4%

40.3%

Median income:

$28,318 / yr.

$28,135 / yr.

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