USA.com / Michigan / Wayne County / Highland Park, MI / 48203 / Housing

48203 Zip Code Housing

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As of 2010-2014, median price of a house in 48203 Zip Code is $39,800, which is much lower than the state average of $120,200 and is much lower than the national average of $175,700. The 48203 Zip Code median house value has shrunk by 16.21% since 2000. The growth rate for the price of a house in 48203 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 48203 Zip Code was built is 1947, which is older than the median year for a house built in the state which is 1969 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 4,423 Owner Occupied Houses in 48203 Zip Code, see rank

48203 Zip Code	39,800 USD
Michigan	120,200 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

48203 Zip Code		-16.21%
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

	48203 Zip Code	Michigan	U.S.
Total Housing Units	16,334, see rank, 100%	4,532,719	132,741,033
Occupied Housing Units	9,735, 59.60%, see rank	84.45%	87.55%
Owner Occupied	4,423, 27.08%, see rank	60.41%	56.34%
Renter Occupied	5,312, 32.52%, see rank	24.04%	31.21%
Vacant Housing Units	6,599, 40.40%, see rank	15.55%	12.45%
For Rent	243, 1.49%, see rank	1.84%	2.34%
For Sale Only	81, 0.50%, see rank	1.40%	1.20%
Rented or Sold, Not Occupied	62, 0.38%, see rank	1.04%	0.92%
For Seasonal, Recreational, or Occasional Use	72, 0.44%, see rank	6.26%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.05%	0.03%
Other Vacant	6,141, 37.60%, see rank	4.96%	4.00%

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

Year Structure Built

Median Built Year, #901

48203 Zip Code	Michigan	U.S.
1947	1969	1976

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

	48203 Zip Code	%	Michigan	U.S.
Owner-Occupied Units	4,423	100%	2,738,012	74,787,460
With a Mortgage	2,118	47.89%, see rank	63.63%	65.58%
Without a Mortgage	2,305	52.11%, see rank	36.37%	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

48203 Zip Code	1,024 USD
Michigan	1,295 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	48203 Zip Code	%	Michigan	U.S.
$299 or Less	0	0.00%, see rank	0.19%	0.20%
$300 to $499	96	4.53%, see rank	1.88%	1.59%
$500 to $699	182	8.59%, see rank	6.65%	5.01%
$700 to $999	730	34.47%, see rank	19.56%	14.32%
$1,000 to $1,499	727	34.32%, see rank	34.69%	27.90%
$1,500 to $1,999	105	4.96%, see rank	20.06%	20.35%
$2,000 to $2,999	154	7.27%, see rank	12.84%	19.52%
$3,000 or More	124	5.85%, see rank	4.13%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

48203 Zip Code	28.20% 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

	48203 Zip Code	%	Michigan	U.S.
10% or Less	159	7.51%, see rank	5.90%	5.86%
10% to 20%	522	24.65%, see rank	35.28%	31.95%
20% to 30%	450	21.25%, see rank	27.51%	27.64%
30% to 40%	340	16.05%, see rank	12.63%	13.74%
40% or More	630	29.75%, see rank	18.20%	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

48203 Zip Code	458 USD
Michigan	463 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	48203 Zip Code	%	Michigan	U.S.
$199 or Less	151	6.55%, see rank	4.74%	7.76%
$200 to $299	296	12.84%, see rank	12.46%	14.70%
$300 to $499	825	35.79%, see rank	40.41%	34.63%
$500 to $699	635	27.55%, see rank	25.95%	21.16%
$700 or More	398	17.27%, see rank	16.44%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

48203 Zip Code	16.70% 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

	48203 Zip Code	%	Michigan	U.S.
10% or Less	594	25.77%, see rank	35.33%	40.19%
10% to 20%	707	30.67%, see rank	33.76%	31.47%
20% to 30%	269	11.67%, see rank	13.39%	12.24%
30% to 40%	281	12.19%, see rank	6.18%	5.64%
40% or More	401	17.40%, see rank	9.99%	9.16%

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

Units in Structure

	48203 Zip Code	Michigan	U.S.
Total Housing Units	16,334, 100%	4,532,719	132,741,033
1-unit, Detached	9,767, 59.80%, see rank	71.97%	61.65%
1-unit, Attached	907, 5.55%, see rank	4.66%	5.82%
2 Units	1,010, 6.18%, see rank	2.58%	3.75%
3 or 4 Units	400, 2.45%, see rank	2.56%	4.43%
5 to 9 Units	484, 2.96%, see rank	4.20%	4.78%
10 or More Units	3,623, 22.18%, see rank	8.58%	13.08%
Mobile Home, Boat, RV, Van, etc.	143, 0.88%, see rank	5.45%	6.49%

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

Rooms

	48203 Zip Code	Michigan	U.S.
Total Housing Units	16,334, 100%	4,532,719	132,741,033
1 Room	623, 3.81%, see rank	1.24%	1.95%
2 Rooms	226, 1.38%, see rank	1.78%	2.48%
3 Rooms	1,769, 10.83%, see rank	7.14%	9.13%
4 Rooms	2,261, 13.84%, see rank	14.38%	16.60%
5 Rooms	3,103, 19.00%, see rank	21.00%	20.41%
6 Rooms	3,704, 22.68%, see rank	20.07%	18.06%
7 Rooms	2,121, 12.99%, see rank	13.45%	12.27%
8 Rooms	1,211, 7.41%, see rank	9.27%	8.48%
9 Rooms or More	1,316, 8.06%, see rank	11.67%	10.60%
Median Rooms	5.50, see rank	5.70	5.50

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

Bedrooms

	48203 Zip Code	Michigan	U.S.
Total Housing Units	16,334, 100%	4,532,719	132,741,033
No Bedroom	623, 3.81%, see rank	1.35%	2.17%
1 Bedroom	2,994, 18.33%, see rank	9.11%	11.16%
2 Bedrooms	3,756, 22.99%, see rank	26.33%	26.69%
3 Bedrooms	5,857, 35.86%, see rank	43.93%	39.70%
4 Bedrooms	2,389, 14.63%, see rank	15.80%	16.05%
5 or More Bedrooms	715, 4.38%, see rank	3.47%	4.22%

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

House Heating Fuel

	48203 Zip Code	Michigan	U.S.
Total Housing Units	9,735, 100%	3,827,880	116,211,092
Utility Gas	8,424, 86.53%, see rank	77.13%	48.85%
Bottled, Tank, or LP Gas	59, 0.61%, see rank	8.48%	4.86%
Electricity	1,066, 10.95%, see rank	8.30%	36.68%
Fuel Oil, Kerosene, etc.	50, 0.51%, see rank	1.40%	5.86%
Coal or Coke	0, 0.00%, see rank	0.03%	0.12%
Wood	14, 0.14%, see rank	3.39%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	38, 0.39%, see rank	0.86%	0.47%
No Fuel Used	84, 0.86%, see rank	0.39%	1.00%

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

Gross Rent

Monthly Rental	48203 Zip Code	Michigan	U.S.
Occupied Units Paying Rent	4,967, 100%	1,028,835	39,201,928
$199 or Less	414, 8.34%, see rank	1.86%	1.50%
$200 to $299	371, 7.47%, see rank	3.88%	3.18%
$300 to $499	700, 14.09%, see rank	9.32%	7.37%
$500 to $699	1,398, 28.15%, see rank	23.63%	16.01%
$700 to $999	1,434, 28.87%, see rank	35.23%	29.17%
$1,000 to $1,499	545, 10.97%, see rank	20.17%	26.88%
$1,500 to $1,999	105, 2.11%, see rank	3.85%	9.79%
$2,000 or More	0, 0.00%, see rank	2.06%	6.10%
Median	$640, see rank	$780	$920

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

Vehicle Available

	48203 Zip Code	Michigan	U.S.
Occupied Housing Units	9,735, 100%	3,827,880	116,211,092
No Vehicles Available	3,374, 34.66%, see rank	7.97%	9.12%
1 Vehicles Available	4,236, 43.51%, see rank	35.06%	33.80%
2 Vehicles Available	1,788, 18.37%, see rank	38.45%	37.48%
3 or More Vehicles Available	337, 3.46%, see rank	18.52%	19.61%

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