Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

ZIP Code 48437

Learn about the people, housing, costs and businesses in 48437

Median Home$177,300
Median Rent$913/month
Population2,150
Leading IndustriesEducation · Healthcare · Arts, Food & Hospitality5% education
Home Value Growth⬇⬇-11.1% over 2 years
Young Adults26% of residentsnear the national average
Homeowners72% of occupied units
ZIP Code
48437

Frequently Asked Questions

What are today's mortgage rates in ZIP code 48437?

As of today, the 30-year fixed mortgage rate for ZIP code 48437 is approximately 7.201% (7.249% 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 48437
What is the median home price in ZIP code 48437?

The median home value in ZIP code 48437 is $177k. The median monthly rent is $913. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 48437?

Home values in ZIP code 48437 have decreased 11.1% 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 48437?

Based on a typical all-in ownership cost of $934/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 48437 is $50k/year.

Calculate your buying power
What industries drive the economy in ZIP code 48437?

The largest employment sectors in ZIP code 48437 are healthcare (14%) and public administration (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.