ZIP code 48060: income, home prices and cost of living

The median household income in ZIP 48060 is $48,639, which is 26% below the Michigan median of $65,331 and 29% below the national figure. The typical home is valued at $136,300, and the median rent is $986/month. 60.9% of households own their home.

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

Median household income

$48,639

Michigan average
$65,33126%
National
$68,75029%

Median home value

$136,300

Michigan average
$171,50021%
National
$209,60035%

Median gross rent

$986

Michigan average
$9168%
National
$984

Median age

39.7 yrs

Michigan average
42.6 yrs7%
National
41.0 yrs3%

Homeownership rate

60.9%

Michigan average
83.0%27%
National
75.8%20%

Bachelor's degree or higher

11.0%

Michigan average
14.6%25%
National
15.9%31%

How ZIP 48060 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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Nearby ZIP codes in Michigan

48059480624806548054480664806748051480704804948071

Or compare 48060 with 48059.

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What people search about ZIP 48060

Searches for the cost of living in 48060, the median household income in 48060, average rent in 48060 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 48060, 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.