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ZIP Code 48205

Wayne, Michigan

ZCTA 48205

Juniper

ZIP Code 48205 is in the lowest 10% nationally for FEMA risk score. It also sits in the lowest 1% statewide for typical home value. And it sits in the highest 4% nationally for home price growth over five years.

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

$88,180

Lower than 99% of Michigan ZIP codes
Home Price Growth, Past Five Years

81%

Higher than 96% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

27.5

Lower than 90% of U.S. ZIP codes

The boundary of ZIP Code 48205, in Wayne, Michigan.

The basics

Total Population

34,187

Median Age

32.8

Population Density

5,382.26

Home values & property tax

Median Property Tax

$1,280

Property Tax Rateyearly tax as a share of home value

2%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

1.68×

Lower than 92% of U.S. ZIP codes
Median Income

$38,966

Lower than 95% of U.S. ZIP codes
Median Rent

$1,215

Higher than 65% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

6.7%

Higher than 74% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

93%

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

49%

Climate & weather

Summer Avg High (°F)

81.4

Winter Avg Low (°F)

22.2

Avg Temperature (°F)

50.5

Hot Days/yr (>90°F)

13.4

Freezing Days/yr (<32°F)

112.5

Annual Precipitation (in)

29.9

Annual Snowfall (in)

27.9

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 48205: frequently asked questions

What is the typical home value in ZIP Code 48205?
The estimated median home value in ZIP Code 48205 today is $88,180, lower than 99% of Michigan ZIP codes.
How much is property tax in ZIP Code 48205?
The median annual property tax in ZIP Code 48205 is $1,280, an effective rate of 2% of home value.
Is ZIP Code 48205 expensive to live in?
Homes in ZIP Code 48205 cost about 1.68× the median household income, lower than 92% of U.S. ZIP codes.
What is the average rent in ZIP Code 48205?
The median gross rent in ZIP Code 48205 is $1,215 a month, higher than 65% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 48205?
Home prices in ZIP Code 48205 have moved 81% over the past five years (6.7% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 48205?
ZIP Code 48205 has a population of 34,187, about 5,382.26 people per square mile, per the U.S. Census American Community Survey. The median age is 32.8.
What is the weather like in ZIP Code 48205?
ZIP Code 48205 averages 50.5°F year-round, summer highs near 81.4°F, winter lows around 22.2°F (NOAA 1991–2020 normals). It sees about 27.9 inches of snow a year.
Is ZIP Code 48205 at risk of flooding or natural disasters?
ZIP Code 48205's FEMA National Risk Index score is 27.5 (lower than 90% 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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