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These days, finding an affordable place to live in the 48472 area can be challenging. Home prices in 48472 are now at a median cost of $153,907, lower than the Michigan average of $250,415.
The average cost of rent is $895/mo in 48472, primarily driven by the current value of real estate in the 48472 area. In 48472, 12.70% of households rent, and 65.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 48472 is $4,617 per month. Households that rent pay about 19.39% of their income on rent here. 48472’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern 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
- 48410, MI: equally priced homes
- 48426, MI: equally priced homes
- 48471, MI: equally priced homes
- 48729, MI: higher priced homes
- 48427, MI: less expensive homes
- 48475, MI: equally priced homes
- 48726, MI: less expensive homes
- 48741, MI: equally priced homes
- 48456, MI: higher priced homes
- 48465, MI: higher priced homes
Zip Codes with Similar Populations
- 74740, OK: less expensive homes
- 39846, GA: less expensive homes
- 41055, KY: higher priced homes
- 42056, KY: less expensive homes
- 43556, OH: higher priced homes
- 45363, OH: higher priced homes
- 45772, OH: less expensive homes
- 47970, IN: higher priced homes
- 49264, MI: higher priced homes
- 01034, MA: higher priced homes
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