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ZIP 48606 — 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 48606

Median Home Value
$39,500
Median Rent
$711
Affordability Snapshot
$11,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$254/mo PITI).

24%
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.

4.6 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 48606, 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 $254. That sits below the local median household income ($35,489), 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 25% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
77.7%+19% vs US avg
x
Vacancy Rate
25.1%+144% vs US avg
x
Broadband Access
79.5%-9% vs US avg
x
4+ Bedrooms
4.4%-70% vs US avg
x
Built Pre-1939
5.1%-60% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
79.4%+60% vs US avg
x
Mortgage-Free
50.6%+32% vs US avg
x
$39,500
Home Value
$711
Rent
1938
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

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

  • 1-unit detached75.4%
  • 1-unit attached2.2%
  • 2-9 units16.4%
  • 10+ units5.9%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$39,500
Median rent$711
Owner-occupied77.7%
Vacant25.1%
Price-to-income1.1x
Est. income to buy$11,000