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ZIP 48480 — Housing & Real Estate

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

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Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48480

Median Home Value
$218,500
Median Rent
$858
Affordability Snapshot
$60,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,404/mo PITI).

24%
Rent-to-Income Ratio

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

5.0x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

21.2 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 48480, a household would need roughly $60,000 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 $1,404. That is about 38% above the local median household income ($43,359), 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
40.1%-39% vs US avg
x
Vacancy Rate
7.0%-32% vs US avg
x
Broadband Access
74.8%-14% vs US avg
x
4+ Bedrooms
0.3%-98% vs US avg
x
Built Pre-1939
4.2%-67% vs US avg
x
Built Post-2014
1.4%-80% vs US avg
x
Rent Burden >30%
23.4%-53% vs US avg
x
Mortgage-Free
57.5%+50% vs US avg
x
$218,500
Home Value
$858
Rent
1981
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 detached31.1%
  • 1-unit attached11.4%
  • 2-9 units25.0%
  • 10+ units32.5%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$218,500
Median rent$858
Owner-occupied40.1%
Vacant7.0%
Price-to-income5.0x
Est. income to buy$60,000