The 48084 ZIP Code is associated with the city of Troy in Michigan in Oakland County in the United States. The current population estimate is 15,737. It is estimated that about 71.3% of residents in this Michigan region hold a bachelor's degree or higher, while the per capita income is approximately $50,227. Median househould income is approximately $96,280, and an estimated 4% of the population is living below the poverty line. The median age in ZIP Code 48084 is approximately 37.9 years, and 17.4% of the region's residents are aged 62 years and older.
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The median household income in ZIP Code 48084 is $96,280, while the region's mean household income is $117,799. Breaking income down further, per capita income in the region is $50,227. The per capita income in ZIP Code 48084 of $50,227 is approximately 58.38% more than the per capita income in Michigan overall of $31,713. An estimated 4.2% of the population is living below the poverty line in this region. This rate is approximately 55.79% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 22.4% of the population in 48084 earn $100,000 to $149,999 per year, while an estimated 18.3% earn $75,000 to $99,999 per year, and 2.2% of 48084 residents earn $10,000 to $14,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 2.7% |
| $10,000 to $14,999 per year | 2.2% |
| $15,000 to $24,999 per year | 2.8% |
| $25,000 to $34,999 per year | 5.5% |
| $35,000 to $49,999 per year | 5.5% |
| $50,000 to $74,999 per year | 15.8% |
| $75,000 to $99,999 per year | 18.3% |
| $100,000 to $149,999 per year | 22.4% |
| $150,000 to $199,999 per year | 11.3% |
| $200,000 or more per year | 13.6% |
Looking at race in the population that makes up ZIP Code 48084, 97.0% is one race, while 3.0% are two or more races. Approximately 2.0% of 48084 residents are hispanic or Latino (of any race). The most common race in 48084 (race alone or in combination with one or more other races), is White (57.6%), followed by Asian (37.9%) .
| Industry | Percent |
|---|---|
| White | 57.6% |
| Black or African American | 5.7% |
| American Indian and Alaska Native | 0.4% |
| Asian | 37.9% |
| Native Hawaiian and Other Pacific Islander | 0.4% |
| Some other race | 1.1% |
Residents of ZIP Code 48084 are younger than average. The median age of 37.9 years in ZIP Code 48084 is approximately 0.52% lower than the overall median age in the U.S. of 38.1 years. About 77.3% of residents are aged 18 years and older, and 17.4% of residents are 62 years and over. Approximately 15.4% of the population in 48084 falls in the age group 35 to 44 years, while an estimated 15.1% are aged 25 to 34 years. On the low end of the scale, 1.6% of 48084 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 6.0% |
| 5 to 9 years | 6.4% |
| 10 to 14 years | 7.2% |
| 15 to 19 years | 4.4% |
| 20 to 24 years | 5.8% |
| 25 to 34 years | 15.1% |
| 35 to 44 years | 15.4% |
| 45 to 54 years | 13.7% |
| 55 to 59 years | 6.4% |
| 60 to 64 years | 5.4% |
| 65 to 74 years | 7.7% |
| 75 to 84 years | 5.0% |
| 85 years and over | 1.6% |
In ZIP Code 48084, 59.8% of the population lists "English only" as the language spoken in home, while 1.6% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 15.2% of homes, and other Indo-European languages are spoken in 21.2% of homes. Lastly, 2.3% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Oakland County region.
| Language Spoken | Percent |
|---|---|
| English only | 59.8% |
| Spanish | 1.6% |
| Other Indo-European languages | 15.2% |
| Asian and Pacific Islander languages | 21.2% |
| Other languages | 2.3% |
The median home value in ZIP Code 48084 in March 2024 comes in at $497,161. The March 2024 value is approximately 3% higher than the $484,230 median value in October 2023, and 6% higher than the $467,758 median value in April 2023. Regarding the age of homes in ZIP Code 48084, an estimated 30.9% of homes were built between 1970 and 1979. Additionally, 27.8% of homes in the region were built between 1960 and 1969, while an estimated 0.5% of homes were built in 2014 or later in this Oakland County region.
| Month | Home value |
|---|---|
| Mar 2024 | $497,161 |
| Feb 2024 | $492,714 |
| Jan 2024 | $489,285 |
| Dec 2023 | $486,628 |
| Nov 2023 | $484,762 |
| Oct 2023 | $484,230 |
| Sep 2023 | $483,927 |
| Aug 2023 | $483,484 |
| Jul 2023 | $481,467 |
| Jun 2023 | $477,608 |
| May 2023 | $472,332 |
| Apr 2023 | $467,758 |
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 0.5% |
| Built between 2010 and 2013 | 0.7% |
| Built between 2000 and 2009 | 6.4% |
| Built between 1990 and 1999 | 10.8% |
| Built between 1980 and 1989 | 6.4% |
| Built between 1970 and 1979 | 30.9% |
| Built between 1960 and 1969 | 27.8% |
| Built between 1950 and 1959 | 12.2% |
| Built between 1940 and 1949 | 1.8% |
| Built in 1939 or earlier | 2.4% |
In ZIP Code 48084, 98.0% of the population graduated high school, while 71.3% have a bachelor's degree or higher. In this region, 0.8% achieved an education level less than 9th grade, while 35.7% hold a graduate or professional degree. Approximately 10.0% in this Oakland County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 0.8% |
| 9th to 12th grade, no diploma | 1.2% |
| High school graduate (includes equivalency) | 10.0% |
| Some college, no degree | 11.1% |
| Associate's degree | 5.5% |
| Bachelor's degree | 35.6% |
| Graduate or professional degree | 35.7% |
One of the leading chronic health issues in ZIP Code 48084 is high cholesterol, as an estimated 31.0% of adults aged 18 and older deal with this issue. Another chronic health issue of concern for residents of 48084 is high blood pressure, as approximately 26.0% of adults 18 and older in this Oakland County region contend with that issue.
| Health Issue | Percent of adults* |
|---|---|
| Arthritis | 20.7% |
| High blood pressure | 26.0% |
| Cancer (excluding skin cancer) | 6.4% |
| Current asthma | 8.9% |
| Coronary heart disease | 4.1% |
| Diagnosed diabetes | 6.4% |
| High cholesterol | 31.0% |
| Chronic kidney disease | 2.3% |
| Stroke | 2.0% |
One of the top preventative health measures in ZIP Code 48084 is current access to health insurance, as an estimated 96% of adults 18 and older take part in this preventive measure. Additionally, 90.0% of those 18 and above in 48084 list cholesterol screening, as a preventive measure. Common health risk behaviors in 48084 include sleeping less than 7 hours (31.2% of adults aged 18 and above) and obesity (25.0% of those 18 and older).
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 96% |
| Taking medicine for high blood pressure control | 77.1% |
| Visits to doctor for routine checkup | 74.4% |
| Cholesterol screening | 90.0% |
| Visits to dentist or dental clinic | 78.9% |
| Risk Behavior | Percent of adults* |
|---|---|
| Binge drinking | 16.8% |
| Current smoking | 8.8% |
| No leisure-time physical activity | 15.1% |
| Obesity | 25.0% |
| Sleeping less than 7 hours | 31.2% |
Regarding solar power potential, ZIP Code 48084 has an average daily solar radiation level of 4.67 kWh/m2/day. This is approximately 13.35% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 29.14% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 48084 | 14.13¢/kWh | 10.93¢/kWh | 7.62¢/kWh |
| Michigan | 18.57¢/kWh | 13.73¢/kWh | 8.02¢/kWh |
| United States | 16.1¢/kWh | 12.81¢/kWh | 7.81¢/kWh |
| Month | ZIP Code 48084 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 3.05 | 1.9 | 5.84 |
| Feb | 4.24 | 3 | 6.31 |
| Mar | 4.77 | 3.65 | 7.02 |
| Apr | 5.31 | 5.13 | 7.3 |
| May | 5.53 | 5.17 | 7.13 |
| Jun | 5.84 | 5.72 | 6.95 |
| Jul | 6.01 | 6.22 | 6.51 |
| Aug | 5.87 | 6.08 | 6.65 |
| Sep | 5.42 | 5.15 | 7.02 |
| Oct | 4.39 | 3.32 | 6.92 |
| Nov | 3.17 | 2.33 | 5.99 |
| Dec | 2.46 | 1.78 | 5.46 |
Regarding consumer complaints about financial products in ZIP Code 48084, credit reporting or other personal consumer reports have received the most complaints in 48084 in the past 12 months. Credit reporting or credit repair services received the second most complaints. The most frequent complaint overall in this Oakland County region was incorrect information on a report.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit reporting or other personal consumer reports | 41 |
| Credit reporting or credit repair services | 18 |
| Debt collection | 5 |
| Checking or savings account | 3 |
| Credit card or prepaid card | 3 |
| Other | 6 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Incorrect information on your report | 44 |
| Problem with a company's investigation into an existing problem | 9 |
| Problem with a credit reporting company's investigation | 6 |
| Managing an account | 2 |
| Written notification about debt | 2 |
| Other | 13 |
In 48084, 68.4% of the population is in the labor force. Recent estimates place 3.6% as working from home, while the total labor force in the region has a mean travel to time to work of 23.7 minutes. Approximately 27.1% of the employed population 16 years and over in 48084 work in manufacturing, while an estimated 21.8% work in professional, scientific, management, and administrative. On the lower end of the scale, just 0.0% of 48084 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.0% |
| Construction | 1.8% |
| Manufacturing | 27.1% |
| Wholesale trade | 2.0% |
| Retail trade | 6.8% |
| Transportation and warehousing, and utilities | 1.5% |
| Information | 2.4% |
| Finance and insurance, and real estate and rental and leasing | 7.8% |
| Professional, scientific, management, and administrative | 21.8% |
| Educational services, and health care and social assistance | 20.5% |
| Arts, entertainment, and recreation, and accommodation and food services | 4.9% |
| Other services, except public administration | 2.1% |
| Public administration | 1.4% |