US5.com
  1. Home
  2. States
  3. Michigan
  4. ZIP 48174
  5. Housing & Real Estate
Romulus city, MI

ZIP 48174 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48174

Median Home Value
$151,500
Median Rent
$864
Affordability Snapshot
$42,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$973/mo PITI).

16%
Rent-to-Income Ratio

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

2.3x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

14.6 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 48174 in Romulus city, MI, a household would need roughly $42,000 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 $973. That sits below the local median household income ($65,675), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
74.8%+14% vs US avg
x
Vacancy Rate
7.8%-24% vs US avg
x
Broadband Access
87.1%+0% vs US avg
x
4+ Bedrooms
2.4%-84% vs US avg
x
Built Pre-1939
7.7%-40% vs US avg
x
Built Post-2014
1.1%-84% vs US avg
x
Rent Burden >30%
19.2%-61% vs US avg
x
Mortgage-Free
42.0%+10% vs US avg
x
$151,500
Home Value
$864
Rent
1975
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 detached67.3%
  • 1-unit attached4.5%
  • 2-9 units6.3%
  • 10+ units6.1%
  • Mobile home & other15.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$151,500
Median rent$864
Owner-occupied74.8%
Vacant7.8%
Price-to-income2.3x
Est. income to buy$42,000