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ZIP 48531 — Housing & Real Estate

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

Working Class

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48531

Median Home Value
$40,100
Median Rent
$642
Affordability Snapshot
$11,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$258/mo PITI).

21%
Rent-to-Income Ratio

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

1.1x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

5.2 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 48531, a household would need roughly $11,000 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 $258. That sits below the local median household income ($36,637), 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

Vacancy rate 15% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
64.8%-1% vs US avg
x
Vacancy Rate
15.4%+50% vs US avg
x
Broadband Access
70.1%-19% vs US avg
x
4+ Bedrooms
0.0%
x
Built Pre-1939
18.6%+45% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
27.9%-44% vs US avg
x
Mortgage-Free
60.9%+59% vs US avg
x
$40,100
Home Value
$642
Rent
1961
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 detached84.7%
  • 1-unit attached0.0%
  • 2-9 units0.0%
  • 10+ units0.4%
  • Mobile home & other14.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$40,100
Median rent$642
Owner-occupied64.8%
Vacant15.4%
Price-to-income1.1x
Est. income to buy$11,000