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![]() | We Buy Homes |
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Investors
Interested in purchasing investment houses in the 48324 zip code in West Bloomfield, MI?
Detailed Demographic Statistics
The zip code 48324 is in Oakland county, is in the state of Michigan. This zip code contains two cities including Orchard Lake Village, MI (27.61%), and Sylvan Lake, MI (0.15%) The total land area is 8.5 square miles and the water area is 3.6 square miles.
The zip 48324 is in county number and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 18,024 in 2019 and 17,350 in 2010. This further breaks down to 8,977 males (49.8%) and 9,046 females (50.2%). The median age of residents is 45.9 years. The population density (people per square mile) is 2,111. This zip code has a combined total of 6,897 houses and condos. There are 644 rented appartments. 10% of residents rent versus the 10% of residents in the state who rent.
The average individual gross adjusted income is $126,424 and the average salary is $92,240. The estimated median household income of individuals is around $123,824. This zip code has a mean commute time to work of 33.0 minutes. The unemployment rate is 2.8%. 3.8% of residents live below poverty line versus the 13.0% in the state that are below this line. The cost of living index is 90.5. The educational breakdown is 97.6% have a high school education or higher, 58.6% have a bachelor's degree or higher, and 25.8% have some kind of profesional degree.
The average size of households is 2.8 people. Individuals who are single and have never been married are 24.6%, 61.4% are now married, 0.4% are separated, 4.6% are widowed, and 9.0% are divorced. The average yearly contribution amount given by people to charity was $4,678 versus the state average of $4,225. The percent of residents who gave to charity was 47.2%.
The estimated median value of houses and condos is $349,748. The median monthly owner costs of mortgage holders was $2,045, where as the costs for those who don't have a mortgage are $788. The median number of rooms in houses and condos are 7.8 versus apartments which had a median number of 5.2.
The real estate tax percent rate is 1.3% which equated to an average real estate tax amount payment of $4,593. In comparision, the average real estate tax percent rate in the state is 1.4% which equated to an average real estate tax amount payment in the state of $2,455. The median housing property tax percent for residents with mortgages was 1.3% which amounted to an average tax amount of $4,615. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.3% which amounted to an average tax amount of $4,550. Reported taxable interest for persons was $3,378, dividends $9,628, capital gains +$25,895, and itemized deductions $31,100. The average earned income tax credit is $1,836. The percent of individuals that use a tax preparer is 61.1%. The total average income taxes paid by individuals was $15,095. Businesses reported an average profit of $21,410.Local Restaurants
Applewood Grill
4532 Pine Village Dr, West Bloomfield, MI 48323 (1.9 miles away)
Harbor Steak House
3251 Orchard Lake Rd, Keego Harbor, MI 48320 (2.6 miles away)
Red Lobster
479 N Telegraph Rd, Waterford, MI 48328 (3.5 miles away)
Thai Legend
7108 Highland Rd, Waterford, MI 48327 (3.5 miles away)
Outback Steakhouse
6203 Orchard Lake Rd, West Bloomfield, MI 48322 (3.7 miles away)
Olga's Kitchen
Oakland Mall Shopping Ctr, Troy, MI 48007 (4.3 miles away)