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ZIP Code 48111

Wayne, Michigan

ZCTA 48111

Juniper

ZIP Code 48111 is in the lowest 14% nationally for FEMA risk score. It also sits in the highest 34% nationally for home price growth over the past year. And it sits in the highest 36% nationally for median rent.

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

$315,204

Near the U.S. ZIP codes median
Home Price Growth, Past Five Years

50%

Lower than 58% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

31.9

Lower than 86% of U.S. ZIP codes

The boundary of ZIP Code 48111, in Wayne, Michigan.

The basics

Total Population

44,709

Median Age

41

Population Density

668.27

Home values & property tax

Median Property Tax

$3,397

Property Tax Rateyearly tax as a share of home value

1.3%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

3.41×

Higher than 58% of U.S. ZIP codes
Median Income

$76,595

Higher than 57% of U.S. ZIP codes
Median Rent

$1,208

Higher than 64% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

5.4%

Higher than 66% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

36%

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

43%

Climate & weather

Summer Avg High (°F)

84

Winter Avg Low (°F)

22

Avg Temperature (°F)

51.4

Hot Days/yr (>90°F)

20.8

Freezing Days/yr (<32°F)

130

Annual Precipitation (in)

30.2

Annual Snowfall (in)

45

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

ZIP Code 48111: frequently asked questions

What is the typical home value in ZIP Code 48111?
The estimated median home value in ZIP Code 48111 today is $315,204, near the U.S. ZIP codes median.
How much is property tax in ZIP Code 48111?
The median annual property tax in ZIP Code 48111 is $3,397, an effective rate of 1.3% of home value.
Is ZIP Code 48111 expensive to live in?
Homes in ZIP Code 48111 cost about 3.41× the median household income, higher than 58% of U.S. ZIP codes.
What is the average rent in ZIP Code 48111?
The median gross rent in ZIP Code 48111 is $1,208 a month, higher than 64% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 48111?
Home prices in ZIP Code 48111 have moved 50% over the past five years (5.4% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 48111?
ZIP Code 48111 has a population of 44,709, about 668.27 people per square mile, per the U.S. Census American Community Survey. The median age is 41.
What is the weather like in ZIP Code 48111?
ZIP Code 48111 averages 51.4°F year-round, summer highs near 84°F, winter lows around 22°F (NOAA 1991–2020 normals). It sees about 45 inches of snow a year.
Is ZIP Code 48111 at risk of flooding or natural disasters?
ZIP Code 48111's FEMA National Risk Index score is 31.9 (lower than 86% of U.S. ZIP codes). 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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