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These days, finding an affordable place to live in the 48167 area can be challenging. Home prices in 48167 are now at a median cost of $350,591, higher than the Michigan average of $196,062.
The average cost of rent is $1,377/mo in 48167, primarily driven by the current value of real estate in the 48167 area. While nearly 33.35% of residents own their homes outright in 48167, 29.17% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48167 is $10,041 per month. Households that rent pay about 13.72% of their income on rent here. 48167's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 48168, MI: higher priced homes
- 48375, MI: less expensive homes
- 48374, MI: higher priced homes
- 48170, MI: equally priced homes
- 48175, MI: less expensive homes
- 48335, MI: equally priced homes
- 48377, MI: equally priced homes
- 48152, MI: less expensive homes
- 48331, MI: equally priced homes
- 48154, MI: less expensive homes
Zip Codes with Similar Populations
- 28681, NC: less expensive homes
- 90270, CA: higher priced homes
- 90274, CA: higher priced homes
- 76126, TX: less expensive homes
- 75219, TX: equally priced homes
- 55025, MN: equally priced homes
- 44012, OH: less expensive homes
- 40031, KY: less expensive homes
- 37215, TN: higher priced homes
- 33144, FL: equally priced homes
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