48116 Zip Code

April 23, 2024

Zip Code:	48116
City/Town:	Green Oak Twp
State:	Michigan

Population:	26,432
Per Capita Income:	$38,486
Mean Household Income:	$101,668

Total Housing Units:	10,538
Median Home Value:	$192,200
Median Year Homes Built:	1978

Land Area:	36.6 sq miles 94.9 sq kilometers
Water Area:	3.5 sq miles 9.1 sq kilometers

Population Information (48116 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Total Population:

26,432

Male:

13,063

49.4%

49.2%

Female:

13,369

50.6%

50.8%

Median Age:

42.7 yrs

37.2 yrs

Under 5 years:

1,333

5.0%

6.5%

5 to 9 years:

1,722

6.8%

6.6%

10 to 19 years:

3,807

14.4%

13.8%

20 to 29 years:

2,446

9.3%

13.8%

30 to 39 years:

2,794

10.6%

13.0%

40 to 49 years:

4,463

16.9%

14.2%

50 to 59 years:

4,349

16.5%

13.6%

60 to 69 years:

2,866

10.8%

9.4%

70 to 79 years:

1,464

5.5%

5.4%

80 years and over:

1,188

4.5%

3.7%

Housing Information (48116 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Median home value:

$192,200

$119,600

Median year homes build:

1978

1971

Median real estate taxes:

$2,180 / yr.

$1,334 / yr.

Median rent:

$607 / mo.

$519 / mo.

Total households:

10,538

Family households:

7,299

69.3%

66.4%

Nonfamily households:

3,239

30.7%

33.6%

Households with individuals under 18 years:

3,348

31.8%

33.4%

Households with individuals 65 years and over:

2,676

25.4%

24.9%

Average household size:

2.5

Average family size:

3.0

Total housing units:

11,400

Occupied housing units:

10,538

92.4%

88.6%

Vacant housing units:

862

7.6%

11.4%

For rent:

257

2.3%

3.1%

Rented, not occupied:

0.1%

0.2%

For sale only:

172

1.5%

1.4%

Sold, not occupied:

0.2%

0.3%

For seasonal, recreational, or occasional use:

256

2.2%

3.5%

All other vacants:

141

1.2%

2.8%

Homeowner vacancy rate:

2.0%

2.4%

Rental vacancy rate:

10.4%

9.2%

Owner-occupied housing units:

8,339

Population in owner-occupied housing units:

21,910

Average household size of owner-occupied units:

2.6

2.65

Renter-occupied housing units:

2,199

Population in renter-occupied housing units:

4,252

Average household size of renter-occupied units:

1.9

2.44

Educational Attainment (48116 zip code)

Number/Percent/U.S. Avg

Percent

U.S. Avg

Population 25 years and over

16,356

Less than 9th grade:

211

1.3%

6.2%

9th to 12th grade, no diploma:

901

5.5%

8.7%

High school graduate (includes equivalency):

4,015

24.5%

29.0%

Some college, no degree:

3,948

24.1%

20.6%

Associate degree:

1,458

8.9%

7.5%

Bachelor's degree:

3,897

23.8%

17.6%

Graduate or professional degree:

1,926

11.8%

10.3%

Percent high school graduate or higher:

93.2%

85.0%

Percent bachelor's degree or higher:

35.6%

27.9%

Income Information (48116 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:

9,014

34.1%

50.4%

Median income:

$48,273 / yr.

$27,932 / yr.

Full-time, year-round workers:

5,930

22.4%

59.7%

Median income:

$60,978 / yr.

$38,349 / yr.

Females 15 years and over with income:

8,368

31.7%

49.6%

Median income:

$21,521 / yr.

$16,327 / yr.

Full-time, year-round workers:

3,078

11.6%

40.3%

Median income:

$35,401 / yr.

$28,135 / yr.

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