HousingHandbookReference data

U.S. ZIP Code · MI48185

Wayne County · Detroit-Warren-Dearborn, MI

Typical home value

$226,317[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.4%
5-year / yr
+5.2%
10-year / yr
+6.8%

Relative price

vs U.S.
-20.3%
vs metro
-25.2%
vs state
-5.3%
ZIP 48185 location in MI
Location of ZIP 48185 in MI

Price history

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

The typical home in 48185 is worth $226,317 — 25.2% below the Detroit-Warren-Dearborn, MI median. Over the past year, values have risen 2.4%. Homes here rent for a typical $1,296 a month — a 6.9% gross rental yield. The effective property tax rate is 1.2%.

#Rent & investment

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

Monthly rent
$1,296[2]
Gross yield
6.9%[2]
Cap rate
4.1%[2]

#Property tax

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

Effective tax rate
1.2%[3]
Typical annual tax
$2,827[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
48,530[3]
Median household income
$60,854[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
8
Elementary
3
Middle
3
High
1
  • John Glenn High School

    High · Grades 8–12 · Wayne-Westland Community School District

    1,468 students

  • Universal Learning Academy

    Other · Grades PK–12 · Universal Learning Academy

    754 students

  • Cooper Upper Elementary School

    Middle · Grades 5–6 · Livonia Public Schools School District

    646 students

  • Wildwood Elementary School

    Elementary · Grades PK–5 · Wayne-Westland Community School District

    524 students

  • Johnson Upper Elementary School

    Middle · Grades 4–6 · Livonia Public Schools School District

    489 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.

Gross yield6.9%
Net yield (after ~40% expenses)4.1%
Annual rent$15,547

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.

Monthly payment$1,144
Loan principal$181,054
Down payment$45,263
Total interest paid$230,924

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.

Own : rent ratio1.21
Monthly cost to own$1,569
Monthly rent$1,296

Renting 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
53rd percentile[1]
Rental yield
45th percentile[2]
Property tax
54th percentile[3]

Frequently asked

How much is a home worth in ZIP code 48185?
The typical home in 48185 is worth $226,317, based on the Zillow Home Value Index.
Are home values rising in 48185?
Home values in 48185 are up 2.4% over the past year, and up 5.2% a year over five years.
What is the typical rent in 48185?
A typical home in 48185 rents for about $1,296 a month, a gross rental yield of 6.9%.
What is the property tax rate in 48185?
The effective property tax rate in 48185 is 1.2% — roughly $2,827 a year on a typical home.
Who lives in 48185?
ZIP code 48185 has a population of 48,530 and a median household income of $60,854.

#Comparable ZIPs

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

  • St. Clair Shores, MI

    Typical home
    $224,706
    Gross yield
    6.4%
  • Southfield, MI

    Typical home
    $228,194
    Gross yield
    7.8%
  • Warren, MI

    Typical home
    $224,107
    Gross yield
    6.9%
  • Marine City, MI

    Typical home
    $223,661
    Gross yield
  • St. Clair Shores, MI

    Typical home
    $229,654
    Gross yield
    9.9%
  • St. Clair Shores, MI

    Typical home
    $222,069
    Gross yield
    8.5%

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