48331 Map

48331 Income Statistics

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Comparison to Surrounding Areas

48331 Median Household Income

The median household income ($121,101) for 48331 is more than 48390 ($89,411), 48375 ($112,978), 48377 ($83,368), 48322 ($118,001), 48334 ($98,937), 48335 ($96,359), 48336 ($85,325), Oakland County ($95,296), and Farmington Hills city ($101,863).

48331$121,101
Farmington Hills city$101,863
Oakland County$95,296

48331 Average Household Income

The average household income ($148,348) for 48331 is less than the average household income for 48322 ($152,320). But it's more than 48390 ($115,874), 48375 ($138,185), 48377 ($104,937), 48334 ($119,954), 48335 ($118,385), 48336 ($106,606), Oakland County ($130,332), and Farmington Hills city ($128,478).

48331$148,348
Farmington Hills city$128,478
Oakland County$130,332

48331 Per-Capita Income

The per-capita income for 48331 is $61,413. The per capita income ($61,413) for 48331 is more than 48390 ($51,272), 48375 ($57,792), 48377 ($48,788), 48322 ($59,951), 48334 ($50,998), 48335 ($55,303), 48336 ($46,158), Oakland County ($55,114), and Farmington Hills city ($55,459).

48331$61,413
Farmington Hills city$55,459
Oakland County$55,114

48331 High Income Households

23.2% of households make over $200,000 a year. The percent high income households (23.2%) for 48331 is less than the percent high income households for 48322 (25.1%). But it's more than 48390 (13.5%), 48375 (19.9%), 48377 (11.7%), 48334 (14.1%), 48335 (14.2%), 48336 (11.5%), Oakland County (17.7%), and Farmington Hills city (16.4%).

4833123.2%
Farmington Hills city16.4%
Oakland County17.7%

48331 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
48331$90,422$138,095$149,560$86,391
Farmington Hills city$56,194$118,241$126,972$72,401
Oakland County$52,277$104,593$121,833$65,958

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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 2023 5-year estimates. You can find this information and other demographics for 48331 on the US Census Bureau’s website. These values are in 2023 inflation-adjusted dollars and were downloaded on 12 December 2024.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2023 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2023 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+
48331+/-$11,315+/-$8,616+/-$3,692+/-2.8%+/-$68,365+/-$27,754+/-$13,847+/-$18,063
Farmington Hills city+/-$6,198+/-$7,241+/-$3,453+/-1.4%+/-$2,551+/-$5,922+/-$11,696+/-$7,720
Oakland County+/-$1,130+/-$1,280+/-$494+/-0.4%+/-$5,423+/-$1,805+/-$2,179+/-$1,248