ZIP code 48842: income, home prices and cost of living
The median household income in ZIP 48842 is $82,844, which is 27% above the Michigan median of $65,331 and 21% above the national figure. The typical home is valued at $194,800, and the median rent is $1,150/month. 65.9% of households own their home.
Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.
Median household income
$82,844
- Michigan average
- $65,33127%
- National
- $68,75021%
Median home value
$194,800
- Michigan average
- $171,50014%
- National
- $209,6007%
Median gross rent
$1,150
- Michigan average
- $91626%
- National
- $98417%
Median age
39.6 yrs
- Michigan average
- 42.6 yrs7%
- National
- 41.0 yrs3%
Homeownership rate
65.9%
- Michigan average
- 83.0%21%
- National
- 75.8%13%
Bachelor's degree or higher
24.4%
- Michigan average
- 14.6%67%
- National
- 15.9%53%
How ZIP 48842 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 48842
Searches for the cost of living in 48842, the median household income in 48842, average rent in 48842 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 48842
- median household income in 48842
- home values in 48842
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- housing market in 48842
Methodology
Figures describe ZIP Code Tabulation Area 48842, 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.