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University District (Tract 538500)

Wayne, Michigan

FIPS 26163538500

Juniper

University District (Tract 538500) is in the 89th percentile nationally for home price growth over five years. It also sits in the lowest 25% nationally for median income. And it sits in the lowest 26% nationally for typical home value.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$229,278

Lower than 74% of U.S. tracts
Home Price Growth, Past Five Years

71%

Higher than 89% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

41

Lower than 59% of U.S. tracts

The basics

Total Population

5,620

Median Age

37.3

Population Density

11,298.03

Home values & property tax

Median Property Tax

$1,997

Property Tax Rateyearly tax as a share of home value

1.1%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

3.17×

Lower than 65% of U.S. tracts
Median Income

$57,393

Lower than 75% of U.S. tracts
Median Rent

$1,299

Near the U.S. tracts median

Home prices & appreciation

Home Price Growth, Past Year

2.3%

Lower than 56% of U.S. tracts
Pandemic Price Run-Up2019–20 low → 2022–23 peak

50%

Climate & weather

Summer Avg High (°F)

81.8

Winter Avg Low (°F)

21.7

Avg Temperature (°F)

50.3

Hot Days/yr (>90°F)

17.3

Freezing Days/yr (<32°F)

125.3

Annual Precipitation (in)

34.9

Annual Snowfall (in)

30.8

Flood & disaster risk

Coastal Flood Loss per $1,000

$0

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

University District (Tract 538500): frequently asked questions

What is the typical home value in University District (Tract 538500)?
The estimated median home value in University District (Tract 538500) today is $229,278, lower than 74% of U.S. tracts.
How much is property tax in University District (Tract 538500)?
The median annual property tax in University District (Tract 538500) is $1,997, an effective rate of 1.1% of home value.
Is University District (Tract 538500) expensive to live in?
Homes in University District (Tract 538500) cost about 3.17× the median household income, lower than 65% of U.S. tracts.
What is the average rent in University District (Tract 538500)?
The median gross rent in University District (Tract 538500) is $1,299 a month, near the U.S. tracts median.
How much have home prices grown in University District (Tract 538500)?
Home prices in University District (Tract 538500) have moved 71% over the past five years (2.3% in the past year), per the FHFA House Price Index.
How many people live in University District (Tract 538500)?
University District (Tract 538500) has a population of 5,620, about 11,298.03 people per square mile, per the U.S. Census American Community Survey. The median age is 37.3.
What is the weather like in University District (Tract 538500)?
University District (Tract 538500) averages 50.3°F year-round, summer highs near 81.8°F, winter lows around 21.7°F (NOAA 1991–2020 normals). It sees about 30.8 inches of snow a year.
Is University District (Tract 538500) at risk of flooding or natural disasters?
University District (Tract 538500)'s FEMA National Risk Index score is 41 (lower than 59% of U.S. tracts). Its greatest modeled natural hazard is inland flooding. Modeled coastal-flood loss is negligible.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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