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ZIP Code 48150

Wayne, Michigan

ZCTA 48150

Juniper

ZIP Code 48150 is in the lowest 1% nationally for FEMA risk score. It also sits in the highest 20% nationally for median income. And it sits in the lowest 28% nationally for home price against income.

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

$289,274

Lower than 62% of U.S. ZIP codes
Home Price Growth, Past Five Years

47%

Lower than 65% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

8.9

Lower than 99% of U.S. ZIP codes

The boundary of ZIP Code 48150, in Wayne, Michigan.

The basics

Total Population

26,687

Median Age

39.8

Population Density

2,202.41

Home values & property tax

Median Property Tax

$3,370

Property Tax Rateyearly tax as a share of home value

1.4%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

2.45×

Lower than 72% of U.S. ZIP codes
Median Income

$97,997

Higher than 80% of U.S. ZIP codes
Median Rent

$1,344

Higher than 71% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

4.8%

Higher than 61% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

37%

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

41%

Climate & weather

Summer Avg High (°F)

80.7

Winter Avg Low (°F)

17.7

Avg Temperature (°F)

47.6

Hot Days/yr (>90°F)

11.2

Freezing Days/yr (<32°F)

146.1

Annual Precipitation (in)

35.1

Annual Snowfall (in)

36

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 48150: frequently asked questions

What is the typical home value in ZIP Code 48150?
The estimated median home value in ZIP Code 48150 today is $289,274, lower than 62% of U.S. ZIP codes.
How much is property tax in ZIP Code 48150?
The median annual property tax in ZIP Code 48150 is $3,370, an effective rate of 1.4% of home value.
Is ZIP Code 48150 expensive to live in?
Homes in ZIP Code 48150 cost about 2.45× the median household income, lower than 72% of U.S. ZIP codes.
What is the average rent in ZIP Code 48150?
The median gross rent in ZIP Code 48150 is $1,344 a month, higher than 71% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 48150?
Home prices in ZIP Code 48150 have moved 47% over the past five years (4.8% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 48150?
ZIP Code 48150 has a population of 26,687, about 2,202.41 people per square mile, per the U.S. Census American Community Survey. The median age is 39.8.
What is the weather like in ZIP Code 48150?
ZIP Code 48150 averages 47.6°F year-round, summer highs near 80.7°F, winter lows around 17.7°F (NOAA 1991–2020 normals). It sees about 36 inches of snow a year.
Is ZIP Code 48150 at risk of flooding or natural disasters?
ZIP Code 48150's FEMA National Risk Index score is 8.9 (lower than 99% 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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