ZIP code 48059: income, home prices and cost of living

The median household income in ZIP 48059 is $77,696, which is 19% above the Michigan median of $65,331 and 13% above the national figure. The typical home is valued at $192,700, and the median rent is $998/month. 82.7% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$77,696

Michigan average
$65,33119%
National
$68,75013%

Median home value

$192,700

Michigan average
$171,50012%
National
$209,6008%

Median gross rent

$998

Michigan average
$9169%
National
$9841%

Median age

47.6 yrs

Michigan average
42.6 yrs12%
National
41.0 yrs16%

Homeownership rate

82.7%

Michigan average
83.0%
National
75.8%9%

Bachelor's degree or higher

13.5%

Michigan average
14.6%8%
National
15.9%15%

How ZIP 48059 compares with Michigan and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

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What people search about ZIP 48059

Searches for the cost of living in 48059, the median household income in 48059, average rent in 48059 and home values in this part of Michigan all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

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Methodology

Figures describe ZIP Code Tabulation Area 48059, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.