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48188 Zip Code Housing

 
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As of 2010-2014, median price of a house in 48188 Zip Code is $197,400, which is much higher than the state average of $120,200 and is higher than the national average of $175,700. The 48188 Zip Code median house value has shrunk by 3.99% since 2000. The growth rate for the price of a house in 48188 Zip Code is lower than the state average rate of 3.98% and is much lower than the national average rate of 46.91%. The median year that a house in 48188 Zip Code was built is 1994, which is newer than the median year for a house built in the state which is 1969 and is newer than the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 11,436 Owner Occupied Houses in 48188 Zip Code, see rank
48188 Zip Code
197,400 USD
Michigan
120,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, see rank
48188 Zip Code
-3.99%
Michigan
3.98%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 48188 Zip CodeMichiganU.S.
Total Housing Units14,769, see rank, 100%4,532,719132,741,033
Occupied Housing Units14,006, 94.83%, see rank84.45%87.55%
Owner Occupied11,436, 77.43%, see rank60.41%56.34%
Renter Occupied2,570, 17.40%, see rank24.04%31.21%
Vacant Housing Units763, 5.17%, see rank15.55%12.45%
For Rent121, 0.82%, see rank1.84%2.34%
For Sale Only148, 1.00%, see rank1.40%1.20%
Rented or Sold, Not Occupied20, 0.14%, see rank1.04%0.92%
For Seasonal, Recreational, or Occasional Use74, 0.50%, see rank6.26%3.97%
For Migrant Workers0, 0.00%, see rank0.05%0.03%
Other Vacant400, 2.71%, see rank4.96%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #10
48188 Zip CodeMichiganU.S.
199419691976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 48188 Zip Code%MichiganU.S.
Owner-Occupied Units11,436100%2,738,01274,787,460
With a Mortgage8,55274.78%, see rank63.63%65.58%
Without a Mortgage2,88425.22%, see rank36.37%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
48188 Zip Code
1,853 USD
Michigan
1,295 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner Costs48188 Zip Code%MichiganU.S.
$299 or Less200.23%, see rank0.19%0.20%
$300 to $499120.14%, see rank1.88%1.59%
$500 to $699861.01%, see rank6.65%5.01%
$700 to $9993764.40%, see rank19.56%14.32%
$1,000 to $1,4991,74820.44%, see rank34.69%27.90%
$1,500 to $1,9992,85633.40%, see rank20.06%20.35%
$2,000 to $2,9992,66731.19%, see rank12.84%19.52%
$3,000 or More7879.20%, see rank4.13%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
48188 Zip Code
21.60% of the Total Income
Michigan
22.60% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 48188 Zip Code%MichiganU.S.
10% or Less3363.93%, see rank5.90%5.86%
10% to 20%3,45140.35%, see rank35.28%31.95%
20% to 30%2,55729.90%, see rank27.51%27.64%
30% to 40%1,02111.94%, see rank12.63%13.74%
40% or More1,17913.79%, see rank18.20%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
48188 Zip Code
646 USD
Michigan
463 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner Costs48188 Zip Code%MichiganU.S.
$199 or Less893.09%, see rank4.74%7.76%
$200 to $2991725.96%, see rank12.46%14.70%
$300 to $49949217.06%, see rank40.41%34.63%
$500 to $69994732.84%, see rank25.95%21.16%
$700 or More1,18441.05%, see rank16.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
48188 Zip Code
13.00% of the Total Income
Michigan
13.40% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 48188 Zip Code%MichiganU.S.
10% or Less1,10938.45%, see rank35.33%40.19%
10% to 20%1,00034.67%, see rank33.76%31.47%
20% to 30%2378.22%, see rank13.39%12.24%
30% to 40%1725.96%, see rank6.18%5.64%
40% or More31811.03%, see rank9.99%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 48188 Zip CodeMichiganU.S.
Total Housing Units14,769, 100%4,532,719132,741,033
1-unit, Detached9,107, 61.66%, see rank71.97%61.65%
1-unit, Attached2,314, 15.67%, see rank4.66%5.82%
2 Units69, 0.47%, see rank2.58%3.75%
3 or 4 Units446, 3.02%, see rank2.56%4.43%
5 to 9 Units913, 6.18%, see rank4.20%4.78%
10 or More Units594, 4.02%, see rank8.58%13.08%
Mobile Home, Boat, RV, Van, etc.1,326, 8.98%, see rank5.45%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 48188 Zip CodeMichiganU.S.
Total Housing Units14,769, 100%4,532,719132,741,033
1 Room33, 0.22%, see rank1.24%1.95%
2 Rooms22, 0.15%, see rank1.78%2.48%
3 Rooms518, 3.51%, see rank7.14%9.13%
4 Rooms1,456, 9.86%, see rank14.38%16.60%
5 Rooms2,863, 19.39%, see rank21.00%20.41%
6 Rooms2,644, 17.90%, see rank20.07%18.06%
7 Rooms2,305, 15.61%, see rank13.45%12.27%
8 Rooms2,135, 14.46%, see rank9.27%8.48%
9 Rooms or More2,793, 18.91%, see rank11.67%10.60%
Median Rooms6.40, see rank5.705.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 48188 Zip CodeMichiganU.S.
Total Housing Units14,769, 100%4,532,719132,741,033
No Bedroom39, 0.26%, see rank1.35%2.17%
1 Bedroom502, 3.40%, see rank9.11%11.16%
2 Bedrooms3,550, 24.04%, see rank26.33%26.69%
3 Bedrooms5,911, 40.02%, see rank43.93%39.70%
4 Bedrooms4,480, 30.33%, see rank15.80%16.05%
5 or More Bedrooms287, 1.94%, see rank3.47%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 48188 Zip CodeMichiganU.S.
Total Housing Units14,006, 100%3,827,880116,211,092
Utility Gas13,090, 93.46%, see rank77.13%48.85%
Bottled, Tank, or LP Gas116, 0.83%, see rank8.48%4.86%
Electricity768, 5.48%, see rank8.30%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank1.40%5.86%
Coal or Coke4, 0.03%, see rank0.03%0.12%
Wood9, 0.06%, see rank3.39%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel0, 0.00%, see rank0.86%0.47%
No Fuel Used19, 0.14%, see rank0.39%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental48188 Zip CodeMichiganU.S.
Occupied Units Paying Rent2,519, 100%1,028,83539,201,928
$199 or Less6, 0.24%, see rank1.86%1.50%
$200 to $2990, 0.00%, see rank3.88%3.18%
$300 to $49922, 0.87%, see rank9.32%7.37%
$500 to $699103, 4.09%, see rank23.63%16.01%
$700 to $999741, 29.42%, see rank35.23%29.17%
$1,000 to $1,4991,056, 41.92%, see rank20.17%26.88%
$1,500 to $1,999404, 16.04%, see rank3.85%9.79%
$2,000 or More187, 7.42%, see rank2.06%6.10%
Median$1,154, see rank$780$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 48188 Zip CodeMichiganU.S.
Occupied Housing Units14,006, 100%3,827,880116,211,092
No Vehicles Available367, 2.62%, see rank7.97%9.12%
1 Vehicles Available3,636, 25.96%, see rank35.06%33.80%
2 Vehicles Available6,693, 47.79%, see rank38.45%37.48%
3 or More Vehicles Available3,310, 23.63%, see rank18.52%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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