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48855 Zip Code Housing

 
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As of 2010-2014, median price of a house in 48855 Zip Code is $174,900, which is higher than the state average of $120,200 and is about the same as the national average of $175,700. The median year that a house in 48855 Zip Code was built is 1991, 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 4,800 Owner Occupied Houses in 48855 Zip Code, see rank
48855 Zip Code
174,900 USD
Michigan
120,200 USD
U.S.
175,700 USD
Median House Price Growth Since 2008-2012, see rank
48855 Zip Code
0.69%
Michigan
3.98%
U.S.
46.91%

*The 48855 Zip Code median house price growth rate is since 2008-2012. The Michigan and U.S population growth rate is since 2000.
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

 48855 Zip CodeMichiganU.S.
Total Housing Units5,598, see rank, 100%4,532,719132,741,033
Occupied Housing Units5,377, 96.05%, see rank84.45%87.55%
Owner Occupied4,800, 85.74%, see rank60.41%56.34%
Renter Occupied577, 10.31%, see rank24.04%31.21%
Vacant Housing Units221, 3.95%, see rank15.55%12.45%
For Rent0, 0.00%, see rank1.84%2.34%
For Sale Only27, 0.48%, see rank1.40%1.20%
Rented or Sold, Not Occupied0, 0.00%, see rank1.04%0.92%
For Seasonal, Recreational, or Occasional Use138, 2.47%, see rank6.26%3.97%
For Migrant Workers0, 0.00%, see rank0.05%0.03%
Other Vacant56, 1.00%, see rank4.96%4.00%

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

Year Structure Built

Median Built Year, #22
48855 Zip CodeMichiganU.S.
199119691976

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

 48855 Zip Code%MichiganU.S.
Owner-Occupied Units4,800100%2,738,01274,787,460
With a Mortgage3,74578.02%, see rank63.63%65.58%
Without a Mortgage1,05521.98%, 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
48855 Zip Code
1,629 USD
Michigan
1,295 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner Costs48855 Zip Code%MichiganU.S.
$299 or Less70.19%, see rank0.19%0.20%
$300 to $499290.77%, see rank1.88%1.59%
$500 to $699721.92%, see rank6.65%5.01%
$700 to $9993559.48%, see rank19.56%14.32%
$1,000 to $1,4991,15030.71%, see rank34.69%27.90%
$1,500 to $1,9991,25633.54%, see rank20.06%20.35%
$2,000 to $2,99981021.63%, see rank12.84%19.52%
$3,000 or More661.76%, see rank4.13%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
48855 Zip Code
23.40% 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
 48855 Zip Code%MichiganU.S.
10% or Less1153.07%, see rank5.90%5.86%
10% to 20%1,27534.05%, see rank35.28%31.95%
20% to 30%1,24833.32%, see rank27.51%27.64%
30% to 40%53814.37%, see rank12.63%13.74%
40% or More55014.69%, 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
48855 Zip Code
510 USD
Michigan
463 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner Costs48855 Zip Code%MichiganU.S.
$199 or Less242.27%, see rank4.74%7.76%
$200 to $299969.10%, see rank12.46%14.70%
$300 to $49938236.21%, see rank40.41%34.63%
$500 to $69938336.30%, see rank25.95%21.16%
$700 or More17016.11%, see rank16.44%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
48855 Zip Code
11.80% 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
 48855 Zip Code%MichiganU.S.
10% or Less43641.33%, see rank35.33%40.19%
10% to 20%38136.11%, see rank33.76%31.47%
20% to 30%959.00%, see rank13.39%12.24%
30% to 40%413.89%, see rank6.18%5.64%
40% or More1029.67%, 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

 48855 Zip CodeMichiganU.S.
Total Housing Units5,598, 100%4,532,719132,741,033
1-unit, Detached4,792, 85.60%, see rank71.97%61.65%
1-unit, Attached342, 6.11%, see rank4.66%5.82%
2 Units48, 0.86%, see rank2.58%3.75%
3 or 4 Units34, 0.61%, see rank2.56%4.43%
5 to 9 Units54, 0.96%, see rank4.20%4.78%
10 or More Units232, 4.14%, see rank8.58%13.08%
Mobile Home, Boat, RV, Van, etc.96, 1.71%, see rank5.45%6.49%

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

Rooms

 48855 Zip CodeMichiganU.S.
Total Housing Units5,598, 100%4,532,719132,741,033
1 Room0, 0.00%, see rank1.24%1.95%
2 Rooms3, 0.05%, see rank1.78%2.48%
3 Rooms142, 2.54%, see rank7.14%9.13%
4 Rooms548, 9.79%, see rank14.38%16.60%
5 Rooms869, 15.52%, see rank21.00%20.41%
6 Rooms1,156, 20.65%, see rank20.07%18.06%
7 Rooms898, 16.04%, see rank13.45%12.27%
8 Rooms924, 16.51%, see rank9.27%8.48%
9 Rooms or More1,058, 18.90%, see rank11.67%10.60%
Median Rooms6.60, see rank5.705.50

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

Bedrooms

 48855 Zip CodeMichiganU.S.
Total Housing Units5,598, 100%4,532,719132,741,033
No Bedroom0, 0.00%, see rank1.35%2.17%
1 Bedroom97, 1.73%, see rank9.11%11.16%
2 Bedrooms933, 16.67%, see rank26.33%26.69%
3 Bedrooms2,988, 53.38%, see rank43.93%39.70%
4 Bedrooms1,316, 23.51%, see rank15.80%16.05%
5 or More Bedrooms264, 4.72%, see rank3.47%4.22%

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

House Heating Fuel

 48855 Zip CodeMichiganU.S.
Total Housing Units5,377, 100%3,827,880116,211,092
Utility Gas2,475, 46.03%, see rank77.13%48.85%
Bottled, Tank, or LP Gas1,813, 33.72%, see rank8.48%4.86%
Electricity341, 6.34%, see rank8.30%36.68%
Fuel Oil, Kerosene, etc.282, 5.24%, see rank1.40%5.86%
Coal or Coke0, 0.00%, see rank0.03%0.12%
Wood440, 8.18%, see rank3.39%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel17, 0.32%, see rank0.86%0.47%
No Fuel Used9, 0.17%, see rank0.39%1.00%

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

Gross Rent

Monthly Rental48855 Zip CodeMichiganU.S.
Occupied Units Paying Rent515, 100%1,028,83539,201,928
$199 or Less0, 0.00%, see rank1.86%1.50%
$200 to $2990, 0.00%, see rank3.88%3.18%
$300 to $4990, 0.00%, see rank9.32%7.37%
$500 to $69919, 3.69%, see rank23.63%16.01%
$700 to $999191, 37.09%, see rank35.23%29.17%
$1,000 to $1,499238, 46.21%, see rank20.17%26.88%
$1,500 to $1,99935, 6.80%, see rank3.85%9.79%
$2,000 or More32, 6.21%, see rank2.06%6.10%
Median$1,082, see rank$780$920

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

Vehicle Available

 48855 Zip CodeMichiganU.S.
Occupied Housing Units5,377, 100%3,827,880116,211,092
No Vehicles Available74, 1.38%, see rank7.97%9.12%
1 Vehicles Available1,275, 23.71%, see rank35.06%33.80%
2 Vehicles Available2,216, 41.21%, see rank38.45%37.48%
3 or More Vehicles Available1,812, 33.70%, see rank18.52%19.61%

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


 
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