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ZIP Code 48072

Learn about the people, housing, costs and businesses in 48072

Median Home$320,810
Median Rent$1,501/month
Population15,035
Leading IndustriesArts, Food & Hospitality · Healthcare · Education15% arts, food & hospitality
Home Value Growth+10.4% over 2 years
Young Adults33% of residentsabove average nationally
Homeowners88% of occupied units
NotableHighly Educated36% bachelor's · 17% graduate · top 4% nationally
NotableHigh Incomes$116k/year · top 11% nationally
ZIP Code
48072

Frequently Asked Questions

What are today's mortgage rates in ZIP code 48072?

As of today, the 30-year fixed mortgage rate for ZIP code 48072 is approximately 6.942% (6.980% 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 48072
What is the median home price in ZIP code 48072?

The median home value in ZIP code 48072 is $321k. The median monthly rent is $1,501. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 48072?

Home values in ZIP code 48072 have increased 10.4% over the past two years. This indicates a strong appreciation trend. 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 48072?

Based on a typical all-in ownership cost of $1,565/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $67k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 48072 is $116k/year.

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What industries drive the economy in ZIP code 48072?

The largest employment sectors in ZIP code 48072 are public administration (22%) and healthcare (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.