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Dearborn city, MI

ZIP 48128 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48128

Median Home Value
$236,900
Median Rent
$1,072
Affordability Snapshot
$65,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,522/mo PITI).

13%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

18.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 48128 in Dearborn city, MI, a household would need roughly $65,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,522. That sits below the local median household income ($98,362), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics

Historic housing stock (43% built before 1939)

Owner Occupied
87.0%+33% vs US avg
x
Vacancy Rate
2.7%-74% vs US avg
x
Broadband Access
93.3%+7% vs US avg
x
4+ Bedrooms
5.9%-60% vs US avg
x
Built Pre-1939
43.4%+239% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
29.4%-41% vs US avg
x
Mortgage-Free
39.5%+4% vs US avg
x
$236,900
Home Value
$1,072
Rent
1949
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached96.9%
  • 1-unit attached0.8%
  • 2-9 units0.8%
  • 10+ units1.2%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$236,900
Median rent$1,072
Owner-occupied87.0%
Vacant2.7%
Price-to-income2.4x
Est. income to buy$65,000