HousingHandbookReference data

U.S. ZIP Code · MI48225

Wayne County · Detroit-Warren-Dearborn, MI

Typical home value

$152,670[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.4%
5-year / yr
+4.6%
10-year / yr
+9.9%

Relative price

vs U.S.
-46.3%
vs metro
-49.6%
vs state
-36.1%
ZIP 48225 location in MI
Location of ZIP 48225 in MI

Price history

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

The typical home in 48225 is worth $152,670 — 49.6% below the Detroit-Warren-Dearborn, MI median. Over the past year, values have risen 2.4%. Homes here rent for a typical $1,371 a month — a 10.8% gross rental yield. The effective property tax rate is 2.2%.

#Rent & investment

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

Monthly rent
$1,371[2]
Gross yield
10.8%[2]
Cap rate
6.5%[2]

#Property tax

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

Effective tax rate
2.2%[3]
Typical annual tax
$3,320[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
16,098[3]
Median household income
$61,750[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
11
Elementary
4
Middle
2
High
4
  • Harper Woods High School

    High · Grades 9–12 · Harper Woods The School District of the City of

    878 students

  • Chandler Park Academy Elementary

    Elementary · Grades PK–5 · Chandler Park Academy

    793 students

  • Harper Woods Virtual Academy

    Other · Grades K–12 · Harper Woods The School District of the City of

    746 students

  • Chandler Park Academy High School

    High · Grades 9–12 · Chandler Park Academy

    703 students

  • Chandler Park Academy Middle School

    Middle · Grades 6–8 · Chandler Park Academy

    587 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 yield10.8%
Net yield (after ~40% expenses)6.5%
Annual rent$16,448

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$772
Loan principal$122,136
Down payment$30,534
Total interest paid$155,778

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 ratio0.86
Monthly cost to own$1,175
Monthly rent$1,371

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
28th percentile[1]
Rental yield
78th percentile[2]
Property tax
100th percentile[3]

Frequently asked

How much is a home worth in ZIP code 48225?
The typical home in 48225 is worth $152,670, based on the Zillow Home Value Index.
Are home values rising in 48225?
Home values in 48225 are up 2.4% over the past year, and up 4.6% a year over five years.
What is the typical rent in 48225?
A typical home in 48225 rents for about $1,371 a month, a gross rental yield of 10.8%.
What is the property tax rate in 48225?
The effective property tax rate in 48225 is 2.2% — roughly $3,320 a year on a typical home.
Who lives in 48225?
ZIP code 48225 has a population of 16,098 and a median household income of $61,750.

#Comparable ZIPs

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

  • Lincoln Park, MI

    Typical home
    $152,934
    Gross yield
    9.3%
  • Pontiac, MI

    Typical home
    $151,967
    Gross yield
  • Eastpointe, MI

    Typical home
    $154,597
    Gross yield
    10.9%
  • Detroit, MI

    Typical home
    $155,335
    Gross yield
    12.1%
  • Detroit, MI

    Typical home
    $147,426
    Gross yield
    12.0%
  • Warren, MI

    Typical home
    $158,249
    Gross yield
    10.3%

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