5 ZIP Code Tabulation Areas in Waterford, Michigan. The population-weighted median household income is about $91,434, the median home value about $296,969, and 76.6% of occupied homes are owner-occupied.
- 5
- ZIP codes
- 110.4K
- Population
- 54
- Data points
Waterford at a glance
- $91,434
- Median household income
- $296,969
- Median home value
- 43
- Median age
- 76.6%
- Owner-occupied
- 48,947
- Housing units
Income, home value, and age are population-weighted averages of the ZIP-level medians in the file. Counts are exact.
Top 5 Waterford ZIP codes by median household income| # | ZIP | City | Population | Homeowner % | Median HH $ |
|---|
| 1 | 48324 | Orchard Lake Village | 17,098 | 91% | $142,100 |
| 2 | 48346 | Independence | 23,167 | 69.1% | $101,477 |
| 3 | 48329 | Independence | 24,715 | 89.4% | $85,709 |
| 4 | 48327 | Waterford | 20,960 | 72.2% | $74,788 |
| 5 | 48328 | Waterford | 24,478 | 66.7% | $72,299 |
Top 5 Waterford ZIP codes by population| # | ZIP | City | Population | Homeowner % | Median HH $ |
|---|
| 1 | 48329 | Independence | 24,715 | 89.4% | $85,709 |
| 2 | 48328 | Waterford | 24,478 | 66.7% | $72,299 |
| 3 | 48346 | Independence | 23,167 | 69.1% | $101,477 |
| 4 | 48327 | Waterford | 20,960 | 72.2% | $74,788 |
| 5 | 48324 | Orchard Lake Village | 17,098 | 91% | $142,100 |
Top 5 Waterford ZIP codes by Homeowner GDP| # | ZIP | City | Population | Homeowner % | Median HH $ | Homeowner GDP |
|---|
| 1 | 48324 | Orchard Lake Village | 17,098 | 91% | $142,100 | $854.2M |
| 2 | 48329 | Independence | 24,715 | 89.4% | $85,709 | $773M |
| 3 | 48346 | Independence | 23,167 | 69.1% | $101,477 | $663.7M |
| 4 | 48328 | Waterford | 24,478 | 66.7% | $72,299 | $541M |
| 5 | 48327 | Waterford | 20,960 | 72.2% | $74,788 | $510.2M |
Homeowner GDP = owner-occupied units × median household income — a proxy for aggregate homeowner spending power in a ZIP, useful for scoring market opportunity. Not an official economic statistic.
Densest: 48328 (Waterford) at 2,741 people/sq mi. Least dense: 48346 (Independence) at 1,279 people/sq mi.
Other cities in Michigan
See all Michigan cities →