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ZIP 48908 — Housing & Real Estate

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

Working Class

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48908

Median Home Value
$240,400
Median Rent
$862
Affordability Snapshot
$66,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,544/mo PITI).

18%
Rent-to-Income Ratio

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

4.1x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

23.2 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 48908, a household would need roughly $66,000 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 $1,544. That is roughly in line with the local median household income ($57,953). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
26.3%-60% vs US avg
x
Vacancy Rate
5.9%-43% vs US avg
x
Broadband Access
88.9%+2% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
0.0%
x
Built Post-2014
0.7%-90% vs US avg
x
Rent Burden >30%
13.4%-73% vs US avg
x
Mortgage-Free
31.1%-19% vs US avg
x
$240,400
Home Value
$862
Rent
1977
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

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

  • 1-unit detached19.9%
  • 1-unit attached11.4%
  • 2-9 units11.7%
  • 10+ units57.0%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$240,400
Median rent$862
Owner-occupied26.3%
Vacant5.9%
Price-to-income4.1x
Est. income to buy$66,000