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ZIP Code 48653

Learn about the people, housing, costs and businesses in 48653

Median Home$200,214
Median Rent$775/month
Population7,993
Leading IndustryTransportation2% of local workforce
Home Value Growth⬆⬆⬆+31.9% over 2 years
Retirees36% of residentstop 3% nationally
Homeowners90% of occupied units
NotableVeteran Community13% of residents · top 5% nationally
ZIP Code
48653

Frequently Asked Questions

What are today's mortgage rates in ZIP code 48653?

As of today, the 30-year fixed mortgage rate for ZIP code 48653 is approximately 6.993% (7.036% 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 48653
What is the median home price in ZIP code 48653?

The median home value in ZIP code 48653 is $200k. The median monthly rent is $775. 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 48653?

Home values in ZIP code 48653 have increased 31.9% 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 48653?

Based on a typical all-in ownership cost of $806/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $35k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 48653 is $72k/year.

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What industries drive the economy in ZIP code 48653?

The largest employment sectors in ZIP code 48653 are public administration (23%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.