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Wixom city, MI

ZIP 48393 — 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 48393

Median Home Value
$309,100
Median Rent
$901
Affordability Snapshot
$85,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,986/mo PITI).

16%
Rent-to-Income Ratio

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

4.6x
Home Price-to-Income Ratio

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

28.6 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 48393 in Wixom city, MI, a household would need roughly $85,000 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 $1,986. That is about 26% above the local median household income ($67,194), so the median earner would likely stretch or need a larger down payment. 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
52.2%-20% vs US avg
x
Vacancy Rate
2.0%-80% vs US avg
x
Broadband Access
92.6%+6% vs US avg
x
4+ Bedrooms
1.6%-89% vs US avg
x
Built Pre-1939
0.5%-96% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
13.6%-73% vs US avg
x
Mortgage-Free
40.9%+7% vs US avg
x
$309,100
Home Value
$901
Rent
1986
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached34.8%
  • 1-unit attached8.2%
  • 2-9 units10.5%
  • 10+ units37.4%
  • Mobile home & other9.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$309,100
Median rent$901
Owner-occupied52.2%
Vacant2.0%
Price-to-income4.6x
Est. income to buy$85,000