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48206 Zip Code Housing

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As of 2010-2014, median price of a house in 48206 Zip Code is $45,600, which is much lower than the state average of $120,200 and is much lower than the national average of $175,700. The 48206 Zip Code median house value has shrunk by 15.08% since 2000. The growth rate for the price of a house in 48206 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 48206 Zip Code was built is 1941, 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 3,182 Owner Occupied Houses in 48206 Zip Code, see rank

48206 Zip Code	45,600 USD
Michigan	120,200 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

48206 Zip Code		-15.08%
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

	48206 Zip Code	Michigan	U.S.
Total Housing Units	13,828, see rank, 100%	4,532,719	132,741,033
Occupied Housing Units	7,016, 50.74%, see rank	84.45%	87.55%
Owner Occupied	3,182, 23.01%, see rank	60.41%	56.34%
Renter Occupied	3,834, 27.73%, see rank	24.04%	31.21%
Vacant Housing Units	6,812, 49.26%, see rank	15.55%	12.45%
For Rent	492, 3.56%, see rank	1.84%	2.34%
For Sale Only	100, 0.72%, see rank	1.40%	1.20%
Rented or Sold, Not Occupied	191, 1.38%, see rank	1.04%	0.92%
For Seasonal, Recreational, or Occasional Use	26, 0.19%, see rank	6.26%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.05%	0.03%
Other Vacant	6,003, 43.41%, see rank	4.96%	4.00%

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

Year Structure Built

Median Built Year, #928

48206 Zip Code	Michigan	U.S.
1941	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

	48206 Zip Code	%	Michigan	U.S.
Owner-Occupied Units	3,182	100%	2,738,012	74,787,460
With a Mortgage	1,133	35.61%, see rank	63.63%	65.58%
Without a Mortgage	2,049	64.39%, 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

48206 Zip Code	1,158 USD
Michigan	1,295 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	48206 Zip Code	%	Michigan	U.S.
$299 or Less	9	0.79%, see rank	0.19%	0.20%
$300 to $499	20	1.77%, see rank	1.88%	1.59%
$500 to $699	111	9.80%, see rank	6.65%	5.01%
$700 to $999	311	27.45%, see rank	19.56%	14.32%
$1,000 to $1,499	341	30.10%, see rank	34.69%	27.90%
$1,500 to $1,999	154	13.59%, see rank	20.06%	20.35%
$2,000 to $2,999	173	15.27%, see rank	12.84%	19.52%
$3,000 or More	14	1.24%, see rank	4.13%	11.12%

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

48206 Zip Code	31.30% 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

	48206 Zip Code	%	Michigan	U.S.
10% or Less	63	5.56%, see rank	5.90%	5.86%
10% to 20%	222	19.59%, see rank	35.28%	31.95%
20% to 30%	245	21.62%, see rank	27.51%	27.64%
30% to 40%	193	17.03%, see rank	12.63%	13.74%
40% or More	393	34.69%, 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

48206 Zip Code	484 USD
Michigan	463 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	48206 Zip Code	%	Michigan	U.S.
$199 or Less	108	5.27%, see rank	4.74%	7.76%
$200 to $299	187	9.13%, see rank	12.46%	14.70%
$300 to $499	792	38.65%, see rank	40.41%	34.63%
$500 to $699	483	23.57%, see rank	25.95%	21.16%
$700 or More	479	23.38%, see rank	16.44%	21.75%

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

48206 Zip Code	20.50% 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

	48206 Zip Code	%	Michigan	U.S.
10% or Less	384	18.74%, see rank	35.33%	40.19%
10% to 20%	571	27.87%, see rank	33.76%	31.47%
20% to 30%	310	15.13%, see rank	13.39%	12.24%
30% to 40%	199	9.71%, see rank	6.18%	5.64%
40% or More	484	23.62%, 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

	48206 Zip Code	Michigan	U.S.
Total Housing Units	13,828, 100%	4,532,719	132,741,033
1-unit, Detached	7,175, 51.89%, see rank	71.97%	61.65%
1-unit, Attached	665, 4.81%, see rank	4.66%	5.82%
2 Units	2,627, 19.00%, see rank	2.58%	3.75%
3 or 4 Units	920, 6.65%, see rank	2.56%	4.43%
5 to 9 Units	346, 2.50%, see rank	4.20%	4.78%
10 or More Units	2,091, 15.12%, see rank	8.58%	13.08%
Mobile Home, Boat, RV, Van, etc.	4, 0.03%, see rank	5.45%	6.49%

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

Rooms

	48206 Zip Code	Michigan	U.S.
Total Housing Units	13,828, 100%	4,532,719	132,741,033
1 Room	365, 2.64%, see rank	1.24%	1.95%
2 Rooms	94, 0.68%, see rank	1.78%	2.48%
3 Rooms	798, 5.77%, see rank	7.14%	9.13%
4 Rooms	1,282, 9.27%, see rank	14.38%	16.60%
5 Rooms	2,947, 21.31%, see rank	21.00%	20.41%
6 Rooms	4,015, 29.04%, see rank	20.07%	18.06%
7 Rooms	1,490, 10.78%, see rank	13.45%	12.27%
8 Rooms	1,340, 9.69%, see rank	9.27%	8.48%
9 Rooms or More	1,497, 10.83%, see rank	11.67%	10.60%
Median Rooms	5.90, see rank	5.70	5.50

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

Bedrooms

	48206 Zip Code	Michigan	U.S.
Total Housing Units	13,828, 100%	4,532,719	132,741,033
No Bedroom	383, 2.77%, see rank	1.35%	2.17%
1 Bedroom	1,747, 12.63%, see rank	9.11%	11.16%
2 Bedrooms	3,352, 24.24%, see rank	26.33%	26.69%
3 Bedrooms	5,600, 40.50%, see rank	43.93%	39.70%
4 Bedrooms	1,840, 13.31%, see rank	15.80%	16.05%
5 or More Bedrooms	906, 6.55%, see rank	3.47%	4.22%

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

House Heating Fuel

	48206 Zip Code	Michigan	U.S.
Total Housing Units	7,016, 100%	3,827,880	116,211,092
Utility Gas	6,323, 90.12%, see rank	77.13%	48.85%
Bottled, Tank, or LP Gas	84, 1.20%, see rank	8.48%	4.86%
Electricity	477, 6.80%, see rank	8.30%	36.68%
Fuel Oil, Kerosene, etc.	38, 0.54%, see rank	1.40%	5.86%
Coal or Coke	0, 0.00%, see rank	0.03%	0.12%
Wood	0, 0.00%, see rank	3.39%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	33, 0.47%, see rank	0.86%	0.47%
No Fuel Used	61, 0.87%, see rank	0.39%	1.00%

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

Gross Rent

Monthly Rental	48206 Zip Code	Michigan	U.S.
Occupied Units Paying Rent	3,610, 100%	1,028,835	39,201,928
$199 or Less	131, 3.63%, see rank	1.86%	1.50%
$200 to $299	265, 7.34%, see rank	3.88%	3.18%
$300 to $499	262, 7.26%, see rank	9.32%	7.37%
$500 to $699	1,215, 33.66%, see rank	23.63%	16.01%
$700 to $999	1,176, 32.58%, see rank	35.23%	29.17%
$1,000 to $1,499	539, 14.93%, see rank	20.17%	26.88%
$1,500 to $1,999	0, 0.00%, see rank	3.85%	9.79%
$2,000 or More	22, 0.61%, see rank	2.06%	6.10%
Median	$693, see rank	$780	$920

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

Vehicle Available

	48206 Zip Code	Michigan	U.S.
Occupied Housing Units	7,016, 100%	3,827,880	116,211,092
No Vehicles Available	2,569, 36.62%, see rank	7.97%	9.12%
1 Vehicles Available	2,975, 42.40%, see rank	35.06%	33.80%
2 Vehicles Available	992, 14.14%, see rank	38.45%	37.48%
3 or More Vehicles Available	480, 6.84%, see rank	18.52%	19.61%

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