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, MI

ZIP 48164 — Housing & Real Estate

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48164

Median Home Value
$313,700
Median Rent
$1,177
Affordability Snapshot
$86,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,015/mo PITI).

13%
Rent-to-Income Ratio

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

2.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

22.2 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 48164 in MI, a household would need roughly $86,000 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 $2,015. That sits below the local median household income ($111,173), 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
Owner Occupied
95.1%+45% vs US avg
x
Vacancy Rate
4.4%-57% vs US avg
x
Broadband Access
92.7%+7% vs US avg
x
4+ Bedrooms
7.9%-46% vs US avg
x
Built Pre-1939
5.7%-56% vs US avg
x
Built Post-2014
1.1%-84% vs US avg
x
Rent Burden >30%
0.0%
x
Mortgage-Free
33.0%-14% vs US avg
x
$313,700
Home Value
$1,177
Rent
1992
Year Built
2006
Moved In

Residents have lived here since ~2006 on average

Housing Structure

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

  • 1-unit detached81.3%
  • 1-unit attached8.7%
  • 2-9 units3.1%
  • 10+ units0.0%
  • Mobile home & other6.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$313,700
Median rent$1,177
Owner-occupied95.1%
Vacant4.4%
Price-to-income2.8x
Est. income to buy$86,000