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ZIP Code 48218

Wayne, Michigan

ZCTA 48218

Juniper

ZIP Code 48218 is in the lowest 7% nationally for FEMA risk score. It also sits in the lowest 3% nationally for home price growth over the past year. And it sits in the lowest 6% nationally for median income.

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

$74,197

Home Price vs Incomeyears of income to buy a typical home

1.59×

Lower than 93% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

22.6

Lower than 93% of U.S. ZIP codes

The boundary of ZIP Code 48218, in Wayne, Michigan.

The basics

Total Population

7,011

Median Age

34.4

Population Density

3,214.05

Home values & property tax

Median Property Tax

$1,577

Property Tax Rateyearly tax as a share of home value

2.4%

Cost of living & affordability

Median Income

$41,033

Lower than 94% of U.S. ZIP codes
Median Rent

$839

Lower than 72% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

-9.1%

Lower than 97% of U.S. ZIP codes

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)

37.4

Annual Snowfall (in)

53.5

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 48218: frequently asked questions

What is the typical home value in ZIP Code 48218?
The estimated median home value in ZIP Code 48218 today is $74,197.
How much is property tax in ZIP Code 48218?
The median annual property tax in ZIP Code 48218 is $1,577, an effective rate of 2.4% of home value.
Is ZIP Code 48218 expensive to live in?
Homes in ZIP Code 48218 cost about 1.59× the median household income, lower than 93% of U.S. ZIP codes.
What is the average rent in ZIP Code 48218?
The median gross rent in ZIP Code 48218 is $839 a month, lower than 72% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 48218?
Home prices in ZIP Code 48218 have moved -9.1% over the past year, per the FHFA House Price Index.
How many people live in ZIP Code 48218?
ZIP Code 48218 has a population of 7,011, about 3,214.05 people per square mile, per the U.S. Census American Community Survey. The median age is 34.4.
What is the weather like in ZIP Code 48218?
ZIP Code 48218 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 53.5 inches of snow a year.
Is ZIP Code 48218 at risk of flooding or natural disasters?
ZIP Code 48218's FEMA National Risk Index score is 22.6 (lower than 93% 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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