ZIP Code 48123 — undefined, undefined Demographics & Data

ZIP code 48123 covers ZIP 48123 with a population of about 2,028.

At a glance, the area shows median age of 49.4 versus a U.S. median of about 38.9.

It sits in the DETROIT media market.

Median household income in ZIP 48123 is about $69,135 — about 8% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 12.1%; unemployment rate near 10.5%; 53.0% of adults with a bachelor’s degree or higher (about 19.3 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Retail trade, Healthcare, and Education; about 18.3% of workers reporting work-from-home (about 3.1 points above the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $204,500 — about 41% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $913 (about 21% below the U.S. median rent ($1,163)), and owner-occupancy near 70.1% (about 4.7 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 48123, a household would need roughly $56,000 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 $1,314. That sits below the local median household income ($69,135), 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.