48362 Map

48362 Income Statistics

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Comparison to Surrounding Areas

48362 Median Household Income

The median household income ($108,667) for 48362 is less than the median household income for 48360 ($135,701), 48370 ($121,417), 48371 ($108,983), 48348 ($131,586), 48363 ($173,056), Oxford charter township ($110,077), and Orion charter township ($115,183). But it's more than Oakland County ($95,296).

48362$108,667
Orion charter township$115,183
Oxford charter township$110,077
Oakland County$95,296

48362 Average Household Income

The average household income ($130,024) for 48362 is less than 48371 ($135,206), 48360 ($155,980), 48363 ($209,593), 48370 ($144,864), 48348 ($170,789), Oakland County ($130,332), Orion charter township ($135,730), and Oxford charter township ($137,082).

48362$130,024
Orion charter township$135,730
Oxford charter township$137,082
Oakland County$130,332

48362 Per-Capita Income

The per-capita income for 48362 is $53,027. The per capita income ($53,027) for 48362 is less than the per capita income for 48348 ($64,649), 48360 ($61,320), 48363 ($69,375), Oakland County ($55,114), and Orion charter township ($55,922). But it's more than 48370 ($43,512), 48371 ($50,599), and Oxford charter township ($50,868).

48362$53,027
Orion charter township$55,922
Oxford charter township$50,868
Oakland County$55,114

48362 High Income Households

17.7% of households make over $200,000 a year. The percent high income households (17.7%) for 48362 is less than 48360 (24.4%), 48370 (27.9%), 48371 (18.2%), 48348 (29.8%), 48363 (36.8%), Oxford charter township (18.6%), and Orion charter township (19.1%). And it's the same as Oakland County (17.7%).

4836217.7%
Orion charter township19.1%
Oxford charter township18.6%
Oakland County17.7%

48362 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
48362$60,547$118,404$128,889$77,286
Orion charter township$60,491$119,672$146,067$66,069
Oxford charter township$61,364$123,454$141,395$67,869
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 48362 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+
48362+/-$14,883+/-$7,343+/-$2,978+/-2.9%+/-$37,977+/-$5,853+/-$7,628+/-$11,672
Orion charter township+/-$7,961+/-$6,446+/-$3,177+/-1.9%+/-$24,985+/-$6,229+/-$9,533+/-$10,970
Oxford charter township+/-$8,041+/-$8,839+/-$3,460+/-2.6%+/-$30,448+/-$16,113+/-$12,156+/-$6,382
Oakland County+/-$1,130+/-$1,280+/-$494+/-0.4%+/-$5,423+/-$1,805+/-$2,179+/-$1,248