ZIP code 48317: income, home prices and cost of living

The median household income in ZIP 48317 is $71,426, which is 9% above the Michigan median of $65,331 and 4% above the national figure. The typical home is valued at $235,800, and the median rent is $1,161/month. 57.4% of households own their home.

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

Median household income

$71,426

Michigan average
$65,3319%
National
$68,7504%

Median home value

$235,800

Michigan average
$171,50037%
National
$209,60013%

Median gross rent

$1,161

Michigan average
$91627%
National
$98418%

Median age

39.1 yrs

Michigan average
42.6 yrs8%
National
41.0 yrs5%

Homeownership rate

57.4%

Michigan average
83.0%31%
National
75.8%24%

Bachelor's degree or higher

22.2%

Michigan average
14.6%52%
National
15.9%40%

How ZIP 48317 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

48316483154831448313483124832248323483104832448309

Or compare 48317 with 48316.

Run your own numbers

Cost of living calculatorBudget calculatorMortgage calculator

See every local figure on the Michigan money guide.

What people search about ZIP 48317

Searches for the cost of living in 48317, the median household income in 48317, average rent in 48317 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 48317
  • median household income in 48317
  • home values in 48317
  • average rent in 48317
  • property tax in 48317
  • housing market in 48317

Methodology

Figures describe ZIP Code Tabulation Area 48317, 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.