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48329 Income Statistics

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Comparison to Surrounding Areas

48329 Median Household Income

The median household income ($86,768) for 48329 is less than the median household income for 48346 ($92,024), 48359 ($91,236), 48386 ($88,119), Oakland County ($92,620), Independence charter township ($106,056), and Lake Angelus city ($223,750). But it's more than 48326 ($78,394), 48327 ($72,336), 48328 ($65,687), 48340 ($46,270), and Waterford charter township ($73,089).

48329$86,768
Independence charter township$106,056
Waterford charter township$73,089
Lake Angelus city$223,750
Oakland County$92,620

48329 Average Household Income

The average household income ($105,967) for 48329 is less than the average household income for 48346 ($112,678), 48359 ($111,144), 48386 ($109,024), Oakland County ($126,488), Independence charter township ($138,448), and Lake Angelus city ($382,872). But it's more than 48326 ($98,559), 48327 ($90,261), 48328 ($94,414), 48340 ($54,977), and Waterford charter township ($96,734).

48329$105,967
Independence charter township$138,448
Waterford charter township$96,734
Lake Angelus city$382,872
Oakland County$126,488

48329 Per-Capita Income

The per-capita income for 48329 is $44,466. The per capita income ($44,466) for 48329 is less than the per capita income for 48326 ($46,847), 48346 ($46,482), 48359 ($46,343), 48386 ($44,754), Oakland County ($53,157), Independence charter township ($53,822), and Lake Angelus city ($178,962). But it's more than 48327 ($41,444), 48328 ($41,833), 48340 ($24,073), and Waterford charter township ($42,493).

48329$44,466
Independence charter township$53,822
Waterford charter township$42,493
Lake Angelus city$178,962
Oakland County$53,157

48329 High Income Households

8.9% of households make over $200,000 a year. The percent high income households (8.9%) for 48329 is more than 48386 (12.8%), 48328 (8.5%), 48340 (0.4%), 48346 (13.3%), 48359 (13.3%), 48326 (7.2%), 48327 (6.1%), Oakland County (16.5%), Independence charter township (19.4%), Waterford charter township (7.9%), and Lake Angelus city (63.5%).

483298.9%
Independence charter township19.4%
Waterford charter township7.9%
Lake Angelus city63.5%
Oakland County16.5%

48329 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
48329$83,750$101,310$93,148$62,708
Independence charter township$29,640$108,830$129,702$70,814
Waterford charter township$43,377$83,259$85,847$53,991
Lake Angelus city$-1$250,001$250,001$200,903
Oakland County$48,948$101,983$117,191$63,313

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2022 5-year estimates. You can find this information and other demographics for 48329 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
48329+/-$6,423+/-$5,632+/-$2,700+/-1.7%+/-$40,179+/-$4,477+/-$6,346+/-$8,795
Independence charter township+/-$7,409+/-$6,229+/-$2,601+/-2.4%+/-$12,930+/-$13,561+/-$19,246+/-$4,588
Waterford charter township+/-$2,265+/-$5,503+/-$2,214+/-1.2%+/-$6,026+/-$5,844+/-$5,616+/-$3,423
Lake Angelus city+/-$84,447+/-$94,352+/-$46,279+/-16.0%+/-$-1+/-$-1+/-$-1+/-$51,172
Oakland County+/-$953+/-$1,234+/-$481+/-0.3%+/-$3,944+/-$1,701+/-$1,716+/-$1,466