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ZIP Code 48625

Learn about the people, housing, costs and businesses in 48625

Median Home$120,693
Median Rent$735/month
Population11,809
Leading IndustriesEducation · Wholesale Trade · Finance & Insurance4% education
Home Value Growth⬆⬆+19.2% over 2 years
Retirees28% of residentsabove average nationally
Homeowners89% of occupied units
NotableVeteran Community11% of residents · top 11% nationally
NotableAffordable Market$121k median home · lower cost than 88% of the country
ZIP Code
48625

Frequently Asked Questions

What are today's mortgage rates in ZIP code 48625?

As of today, the 30-year fixed mortgage rate for ZIP code 48625 is approximately 7.347% (7.399% 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 48625
What is the median home price in ZIP code 48625?

The median home value in ZIP code 48625 is $121k. The median monthly rent is $735. 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 48625?

Home values in ZIP code 48625 have increased 19.2% 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 48625?

Based on a typical all-in ownership cost of $650/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 48625 is $42k/year.

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What industries drive the economy in ZIP code 48625?

The largest employment sectors in ZIP code 48625 are public administration (24%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.