How much is a home worth in ZIP code 48180?

The typical home in 48180 is worth $177,981, based on the Zillow Home Value Index.

Are home values rising in 48180?

Home values in 48180 are up 1.9% over the past year, and up 5.2% a year over five years.

What is the typical rent in 48180?

A typical home in 48180 rents for about $1,394 a month, a gross rental yield of 9.4%.

What is the property tax rate in 48180?

The effective property tax rate in 48180 is 1.6% — roughly $2,835 a year on a typical home.

ZIP code 48180 has a population of 62,081 and a median household income of $61,081.

HousingHandbookReference data

…

U.S. ZIP Code · MI48180

Wayne County · Detroit-Warren-Dearborn, MI

Typical home value

$177,981^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.9%
5-year / yr: +5.2%
10-year / yr: +8.4%

Relative price

vs U.S.: -37.3%
vs metro: -41.2%
vs state: -25.6%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 48180 is worth $177,981 — 41.2% below the Detroit-Warren-Dearborn, MI median. Over the past year, values have risen 1.9%. Homes here rent for a typical $1,394 a month — a 9.4% gross rental yield. The effective property tax rate is 1.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,394^[2]
Gross yield: 9.4%^[2]
Cap rate: 5.6%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.6%^[3]
Typical annual tax: $2,835^[3]

#Climate risk

FEMA National Risk Index ratings for Wayne County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Very High
Coastal flood: Relatively Low
Wildfire: Very Low
Drought: No Rating
Heat wave: Relatively High
Hurricane: Very Low
Tornado: Very High
Earthquake: Relatively Moderate
Winter weather: Relatively High

#Who lives here

Population: 62,081^[3]
Median household income: $61,081^[3]

#Migration

Household moves in and out of Wayne County over a year, from IRS tax-return data.

Net migration: -4,559^[5]
Moved in: 28,607
Moved out: 33,166

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 17
Elementary: 10
Middle: 2
High: 4

Taylor High School
High · Grades 9–12 · Taylor School District
1,402 students
Quest Charter Academy
Elementary · Grades K–8 · Quest Charter Academy
693 students
Trillium Academy
Other · Grades K–12 · Trillium Academy
665 students
Taylor Exemplar Academy
Elementary · Grades K–8 · Taylor Exemplar Academy
643 students
Robert J West Middle School
Middle · Grades 6–8 · Taylor School District
637 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield9.4%

Net yield (after ~40% expenses)5.6%

Annual rent$16,725

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$900

Loan principal$142,384

Down payment$35,596

Total interest paid$181,604

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.92

Monthly cost to own$1,284

Monthly rent$1,394

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 51st percentile^[1]
Rental yield: 73rd percentile^[2]
Property tax: 84th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

2nd for most populous in MIView list →

Frequently asked

How much is a home worth in ZIP code 48180?: The typical home in 48180 is worth $177,981, based on the Zillow Home Value Index.
Are home values rising in 48180?: Home values in 48180 are up 1.9% over the past year, and up 5.2% a year over five years.
What is the typical rent in 48180?: A typical home in 48180 rents for about $1,394 a month, a gross rental yield of 9.4%.
What is the property tax rate in 48180?: The effective property tax rate in 48180 is 1.6% — roughly $2,835 a year on a typical home.
Who lives in 48180?: ZIP code 48180 has a population of 62,081 and a median household income of $61,081.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

48202 vs 48180 →
Detroit, MI
Typical home
$178,276
Gross yield
9.6%
48043 vs 48180 →
Mount Clemens, MI
Typical home
$178,471
Gross yield
7.6%
48239
Detroit, MI
Typical home
$176,437
Gross yield
10.8%
48184
Wayne, MI
Typical home
$174,631
Gross yield
8.3%
48060
Port Huron, MI
Typical home
$172,604
Gross yield
7.4%
48066
Roseville, MI
Typical home
$172,245
Gross yield
9.2%

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Pit ZIP 48180 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · MI48180

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