ZIP code 48314: income, home prices and cost of living

The median household income in ZIP 48314 is $77,463, which is 19% above the Michigan median of $65,331 and 13% above the national figure. The typical home is valued at $291,600, and the median rent is $1,393/month. 75.5% of households own their home.

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

Median household income

$77,463

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

Median home value

$291,600

Michigan average
$171,50070%
National
$209,60039%

Median gross rent

$1,393

Michigan average
$91652%
National
$98442%

Median age

46.2 yrs

Michigan average
42.6 yrs8%
National
41.0 yrs13%

Homeownership rate

75.5%

Michigan average
83.0%9%
National
75.8%

Bachelor's degree or higher

21.7%

Michigan average
14.6%49%
National
15.9%36%

How ZIP 48314 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.

Talk to a vetted advisor who serves your area

Local numbers only take you so far. Get matched with a fiduciary advisor who works with households in Michigan.

Get matched with an advisor

Nearby ZIP codes in Michigan

48313483154831248316483174831048309483074830648322

Or compare 48314 with 48313.

Run your own numbers

Cost of living calculatorBudget calculatorMortgage calculator

See every local figure on the Michigan money guide.

What people search about ZIP 48314

Searches for the cost of living in 48314, the median household income in 48314, average rent in 48314 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.

  • cost of living in 48314
  • median household income in 48314
  • home values in 48314
  • average rent in 48314
  • property tax in 48314
  • housing market in 48314

Methodology

Figures describe ZIP Code Tabulation Area 48314, 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.