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These days, finding an affordable place to live in the 48554 area can be challenging. Home prices in 48554 are now at a median cost of $105,400, lower than the Michigan average of $196,062.
The average cost of rent is $862/mo in 48554, primarily driven by the current value of real estate in the 48554 area. While nearly 28.94% of residents own their homes outright in 48554, 38.92% rent.
Housing affordability isn’t just about home prices, though. The average household income in 48554 is $4,945 per month. Households that rent pay about 17.43% of their income on rent here. 48554's most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Nearby Zip Codes
- 48473, MI: higher priced homes
- 48532, MI: equally priced homes
- 48507, MI: less expensive homes
- 48504, MI: less expensive homes
- 48503, MI: less expensive homes
- 48502, MI: less expensive homes
- 48529, MI: less expensive homes
- 48433, MI: higher priced homes
- 48449, MI: higher priced homes
- 48505, MI: less expensive homes
Zip Codes with Similar Populations
- 78144, TX: higher priced homes
- 59062, MT: higher priced homes
- 59076, MT: higher priced homes
- 59333, MT: higher priced homes
- 59642, MT: higher priced homes
- 01229, MA: higher priced homes
- 59933, MT: higher priced homes
- 60926, IL: equally priced homes
- 61027, IL: higher priced homes
- 61037, IL: higher priced homes
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