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ZIP Code 42048

Learn about the people, housing, costs and businesses in 42048

Median Home$166,774
Median Rent$638/month
Population4,496
Leading IndustriesTransportation · Retail · Wholesale Trade4% transportation
Home Value Growth-3.0% over 2 years
Retirees24% of residentsslightly above average
Homeowners80% of occupied units
NotableVeteran Community10% of residents · top 16% nationally
NotableAffordable Market$167k median home · lower cost than 71% of the country
ZIP Code
42048

Frequently Asked Questions

What are today's mortgage rates in ZIP code 42048?

As of today, the 30-year fixed mortgage rate for ZIP code 42048 is approximately 7.260% (7.309% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for ZIP code 42048
What is the median home price in ZIP code 42048?

The median home value in ZIP code 42048 is $167k. The median monthly rent is $638. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 42048?

Home values in ZIP code 42048 have decreased 3.0% over the past two years. Buyers may find more negotiating room in this market. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in ZIP code 42048?

Based on a typical all-in ownership cost of $645/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 42048 is $51k/year.

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What industries drive the economy in ZIP code 42048?

The largest employment sectors in ZIP code 42048 are public administration (22%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.