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Wayne city, MI

ZIP 48184 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48184

Median Home Value
$142,400
Median Rent
$766
Affordability Snapshot
$39,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$915/mo PITI).

17%
Rent-to-Income Ratio

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

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

15.5 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 48184 in Wayne city, MI, a household would need roughly $39,000 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 $915. That sits below the local median household income ($54,572), 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

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
57.9%-11% vs US avg
x
Vacancy Rate
8.6%-17% vs US avg
x
Broadband Access
89.8%+3% vs US avg
x
4+ Bedrooms
1.7%-88% vs US avg
x
Built Pre-1939
15.3%+19% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
23.0%-54% vs US avg
x
Mortgage-Free
35.7%-7% vs US avg
x
$142,400
Home Value
$766
Rent
1959
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached62.5%
  • 1-unit attached6.5%
  • 2-9 units16.4%
  • 10+ units14.3%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$142,400
Median rent$766
Owner-occupied57.9%
Vacant8.6%
Price-to-income2.6x
Est. income to buy$39,000