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Ford Woods (Tract 573900)

Wayne, Michigan

FIPS 26163573900

Juniper

Ford Woods (Tract 573900) is in the 16th percentile nationally for median income. It also sits in the highest 17% nationally for home price growth over the past year. 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

$228,522

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

53%

Near the U.S. tracts median
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

44.2

Lower than 56% of U.S. tracts

The basics

Total Population

5,514

Median Age

23.2

Population Density

13,271.28

Home values & property tax

Median Property Tax

$3,009

Property Tax Rateyearly tax as a share of home value

1.6%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

3.9×

Near the U.S. tracts median
Median Income

$49,231

Lower than 84% of U.S. tracts
Median Rent

$1,333

Near the U.S. tracts median

Home prices & appreciation

Home Price Growth, Past Year

9.9%

Higher than 83% of U.S. tracts
Pandemic Price Run-Up2019–20 low → 2022–23 peak

40%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

59%

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

Ford Woods (Tract 573900): frequently asked questions

What is the typical home value in Ford Woods (Tract 573900)?
The estimated median home value in Ford Woods (Tract 573900) today is $228,522, lower than 74% of U.S. tracts.
How much is property tax in Ford Woods (Tract 573900)?
The median annual property tax in Ford Woods (Tract 573900) is $3,009, an effective rate of 1.6% of home value.
Is Ford Woods (Tract 573900) expensive to live in?
Homes in Ford Woods (Tract 573900) cost about 3.9× the median household income, near the U.S. tracts median.
What is the average rent in Ford Woods (Tract 573900)?
The median gross rent in Ford Woods (Tract 573900) is $1,333 a month, near the U.S. tracts median.
How much have home prices grown in Ford Woods (Tract 573900)?
Home prices in Ford Woods (Tract 573900) have moved 53% over the past five years (9.9% in the past year), per the FHFA House Price Index.
How many people live in Ford Woods (Tract 573900)?
Ford Woods (Tract 573900) has a population of 5,514, about 13,271.28 people per square mile, per the U.S. Census American Community Survey. The median age is 23.2.
What is the weather like in Ford Woods (Tract 573900)?
Ford Woods (Tract 573900) 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 Ford Woods (Tract 573900) at risk of flooding or natural disasters?
Ford Woods (Tract 573900)'s FEMA National Risk Index score is 44.2 (lower than 56% 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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