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ZIP Code 48331

Oakland, Michigan

ZCTA 48331

Juniper

ZIP Code 48331 is in the lowest 15% nationally for FEMA risk score. It also sits in the highest 8% nationally for median income. And it sits in the highest 12% nationally for median rent.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$468,843

Higher than 71% of U.S. ZIP codes
Home Price Growth, Past Five Years

41%

Lower than 79% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

32.8

Lower than 85% of U.S. ZIP codes

The boundary of ZIP Code 48331, in Oakland, Michigan.

The basics

Total Population

21,562

Median Age

47.6

Population Density

2,315.76

Home values & property tax

Median Property Tax

$6,154

Property Tax Rateyearly tax as a share of home value

1.5%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

3.21×

Near the U.S. ZIP codes median
Median Income

$127,633

Higher than 92% of U.S. ZIP codes
Median Rent

$1,828

Higher than 88% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

2.4%

Lower than 59% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

29%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

38%

Climate & weather

Summer Avg High (°F)

80.7

Winter Avg Low (°F)

17.7

Avg Temperature (°F)

47.6

Hot Days/yr (>90°F)

11.2

Freezing Days/yr (<32°F)

146.1

Annual Precipitation (in)

34.7

Annual Snowfall (in)

36

Flood & disaster risk

FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

32.8

Lower than 85% of U.S. ZIP codes

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

ZIP Code 48331: frequently asked questions

What is the typical home value in ZIP Code 48331?
The estimated median home value in ZIP Code 48331 today is $468,843, higher than 71% of U.S. ZIP codes.
How much is property tax in ZIP Code 48331?
The median annual property tax in ZIP Code 48331 is $6,154, an effective rate of 1.5% of home value.
Is ZIP Code 48331 expensive to live in?
Homes in ZIP Code 48331 cost about 3.21× the median household income, near the U.S. ZIP codes median.
What is the average rent in ZIP Code 48331?
The median gross rent in ZIP Code 48331 is $1,828 a month, higher than 88% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 48331?
Home prices in ZIP Code 48331 have moved 41% over the past five years (2.4% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 48331?
ZIP Code 48331 has a population of 21,562, about 2,315.76 people per square mile, per the U.S. Census American Community Survey. The median age is 47.6.
What is the weather like in ZIP Code 48331?
ZIP Code 48331 averages 47.6°F year-round, summer highs near 80.7°F, winter lows around 17.7°F (NOAA 1991–2020 normals). It sees about 36 inches of snow a year.
Is ZIP Code 48331 at risk of flooding or natural disasters?
ZIP Code 48331's FEMA National Risk Index score is 32.8 (lower than 85% of U.S. ZIP codes). Its greatest modeled natural hazard is inland flooding.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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