ZIP Code 48098 — Troy, MI

Oakland | 2024 Census Data

Key Takeaway

ZIP code 48098 in Troy, MI has a population of 20,936 with a median household income of $164,759 and a median home value of $509,400 . The cost of living index is 166.2 (national average = 100).

Population & Age

Total Population
20,936
Median Age
46.50
Male
10,488
Female
10,448

Race & Ethnicity

White
59.5%
Black
1.9%
Hispanic
1.8%
Asian
31.9%
Native American
0.1%
Pacific Islander
0.0%
Two or More
6.0%
Other
0.5%

Income

Median Household
$164,759
Mean Household
$197,904
Per Capita
$71,048
Below Poverty
3.5%

Housing

Median Home Value
$509,400
Median Rent
$1,712
Total Units
7,783
Occupied
7,492
Owner Occupied
91.1%
Renter Occupied
8.9%
Median Year Built
1982
Vacant
291

Education

High School or Higher 96.6%
Bachelor's or Higher 76.9%
Graduate Degree 44.8%

Employment & Commuting

Labor Force
11,036
Unemployment
3.9%
Drive Alone
69.4%
Public Transit
0.1%
Work from Home
24.3%
Avg Commute
N/A

Cost of Living Index

166.2
National average = 100. Above average by 66.2%.

Nearby ZIP Codes

48083
Troy
3.4 mi
48084
Troy
3.4 mi
48307
Rochester hills
4.3 mi
48017
Clawson
4.4 mi
48304
Bloomfield towns
4.5 mi
48309
Rochester hills
4.7 mi
48310
Sterling heights
4.8 mi
48073
Royal oak
5.5 mi
48314
Sterling heights
5.7 mi
48317
Shelby township
5.8 mi
48009
Birmingham
5.9 mi
48312
Sterling heights
6.6 mi

Other ZIP Codes in Troy

48083
Pop: 23,771
48084
Pop: 15,960

Compare This ZIP Code

Frequently Asked Questions

What is the population of ZIP code 48098?

ZIP code 48098 (Troy, MI) has a total population of 20,936 according to the 2024 American Community Survey.

What is the median household income in ZIP code 48098?

The median household income in ZIP code 48098 is $164,759 per year, based on 2024 Census Bureau data.

What city is ZIP code 48098 in?

ZIP code 48098 is primarily located in Troy, Michigan (MI).

What is the median home value in ZIP code 48098?

The median home value in ZIP code 48098 is $509,400, based on the 2024 American Community Survey 5-year estimates.

What is the median age in ZIP code 48098?

The median age in ZIP code 48098 is 46.50 years, compared to the national median of 38.9 years.