ZIP code 48504: income, home prices and cost of living

The median household income in ZIP 48504 is $38,472, which is 41% below the Michigan median of $65,331 and 44% below the national figure. The typical home is valued at $44,400, and the median rent is $867/month. 59.5% of households own their home.

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

Median household income

$38,472

Michigan average
$65,33141%
National
$68,75044%

Median home value

$44,400

Michigan average
$171,50074%
National
$209,60079%

Median gross rent

$867

Michigan average
$9165%
National
$98412%

Median age

34.4 yrs

Michigan average
42.6 yrs19%
National
41.0 yrs16%

Homeownership rate

59.5%

Michigan average
83.0%28%
National
75.8%22%

Bachelor's degree or higher

9.1%

Michigan average
14.6%38%
National
15.9%43%

How ZIP 48504 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 48504

Searches for the cost of living in 48504, the median household income in 48504, average rent in 48504 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 48504, 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.