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ZIP Code 48187

Wayne, Michigan

ZCTA 48187

Juniper

ZIP Code 48187 is in the lowest 8% nationally for FEMA risk score. It also sits in the highest 10% nationally for median income. And it sits in the highest 23% nationally for median rent.

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

$429,164

Higher than 65% of U.S. ZIP codes
Home Price Growth, Past Five Years

48%

Lower than 64% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

23.5

Lower than 92% of U.S. ZIP codes

The boundary of ZIP Code 48187, in Wayne, Michigan.

The basics

Total Population

53,376

Median Age

40.6

Population Density

2,952.03

Home values & property tax

Median Property Tax

$5,026

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

3.03×

Near the U.S. ZIP codes median
Median Income

$120,321

Higher than 90% of U.S. ZIP codes
Median Rent

$1,464

Higher than 77% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

4.1%

Near the U.S. ZIP codes median
Pandemic Price Run-Up2019–20 low → 2022–23 peak

35%

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

32%

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)

36

Annual Snowfall (in)

61.4

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 48187: frequently asked questions

What is the typical home value in ZIP Code 48187?
The estimated median home value in ZIP Code 48187 today is $429,164, higher than 65% of U.S. ZIP codes.
How much is property tax in ZIP Code 48187?
The median annual property tax in ZIP Code 48187 is $5,026, an effective rate of 1.4% of home value.
Is ZIP Code 48187 expensive to live in?
Homes in ZIP Code 48187 cost about 3.03× the median household income, near the U.S. ZIP codes median.
What is the average rent in ZIP Code 48187?
The median gross rent in ZIP Code 48187 is $1,464 a month, higher than 77% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 48187?
Home prices in ZIP Code 48187 have moved 48% over the past five years (4.1% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 48187?
ZIP Code 48187 has a population of 53,376, about 2,952.03 people per square mile, per the U.S. Census American Community Survey. The median age is 40.6.
What is the weather like in ZIP Code 48187?
ZIP Code 48187 averages 51.4°F year-round, summer highs near 84°F, winter lows around 22°F (NOAA 1991–2020 normals). It sees about 61.4 inches of snow a year.
Is ZIP Code 48187 at risk of flooding or natural disasters?
ZIP Code 48187's FEMA National Risk Index score is 23.5 (lower than 92% 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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