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These days, finding an affordable place to live in the 48096 area can be challenging. Home prices in 48096 are now at a median cost of $365,012, higher than the Michigan average of $250,415.
The average cost of rent is $1,261/mo in 48096, primarily driven by the current value of real estate in the 48096 area. In 48096, 13.49% of households rent, and 43.22% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48096 is $9,719 per month. Households that rent pay about 12.98% of their income on rent here. 48096’s most expensive areas are in the southern regions, while the cheapest areas are in the northeastern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 48042, MI: higher priced homes
- 48094, MI: higher priced homes
- 48095, MI: higher priced homes
- 48005, MI: equally priced homes
- 48050, MI: equally priced homes
- 48065, MI: equally priced homes
- 48048, MI: less expensive homes
- 48051, MI: less expensive homes
- 48315, MI: equally priced homes
- 48044, MI: equally priced homes
Zip Codes with Similar Populations
- 24381, VA: less expensive homes
- 06277, CT: less expensive homes
- 07721, NJ: higher priced homes
- 07832, NJ: equally priced homes
- 13030, NY: less expensive homes
- 13132, NY: less expensive homes
- 82637, WY: less expensive homes
- 16023, PA: less expensive homes
- 16743, PA: less expensive homes
- 80446, CO: higher priced homes
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