← Back to Explorer

ZIP Code 48340

Oakland, Michigan

ZCTA 48340

Juniper

ZIP Code 48340 is in the lowest 14% nationally for FEMA risk score. It also sits in the lowest 6% nationally for typical home value. And it sits in the lowest 12% nationally for median income.

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

$158,613

Lower than 94% of U.S. ZIP codes
Home Price Growth, Past Five Years

67%

Higher than 83% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

32

Lower than 86% of U.S. ZIP codes

The boundary of ZIP Code 48340, in Oakland, Michigan.

The basics

Total Population

25,669

Median Age

34.6

Population Density

3,351.96

Home values & property tax

Median Property Tax

$1,327

Property Tax Rateyearly tax as a share of home value

1.1%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

2.5×

Lower than 71% of U.S. ZIP codes
Median Income

$47,891

Lower than 88% of U.S. ZIP codes
Median Rent

$1,135

Higher than 60% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

6.7%

Higher than 74% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

71%

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

50%

Climate & weather

Summer Avg High (°F)

80.4

Winter Avg Low (°F)

19.8

Avg Temperature (°F)

49.1

Hot Days/yr (>90°F)

9.9

Freezing Days/yr (<32°F)

135.1

Annual Precipitation (in)

33.9

Annual Snowfall (in)

36

Flood & disaster risk

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

32

Lower than 86% 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 48340: frequently asked questions

What is the typical home value in ZIP Code 48340?
The estimated median home value in ZIP Code 48340 today is $158,613, lower than 94% of U.S. ZIP codes.
How much is property tax in ZIP Code 48340?
The median annual property tax in ZIP Code 48340 is $1,327, an effective rate of 1.1% of home value.
Is ZIP Code 48340 expensive to live in?
Homes in ZIP Code 48340 cost about 2.5× the median household income, lower than 71% of U.S. ZIP codes.
What is the average rent in ZIP Code 48340?
The median gross rent in ZIP Code 48340 is $1,135 a month, higher than 60% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 48340?
Home prices in ZIP Code 48340 have moved 67% over the past five years (6.7% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 48340?
ZIP Code 48340 has a population of 25,669, about 3,351.96 people per square mile, per the U.S. Census American Community Survey. The median age is 34.6.
What is the weather like in ZIP Code 48340?
ZIP Code 48340 averages 49.1°F year-round, summer highs near 80.4°F, winter lows around 19.8°F (NOAA 1991–2020 normals). It sees about 36 inches of snow a year.
Is ZIP Code 48340 at risk of flooding or natural disasters?
ZIP Code 48340's FEMA National Risk Index score is 32 (lower than 86% 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 →

TermsPrivacyData disclaimer