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ZIP Code 48223

Wayne, Michigan

ZCTA 48223

Juniper

ZIP Code 48223 is in the lowest 8% nationally for FEMA risk score. It also sits in the lowest 1% nationally for typical home value. And it sits in the lowest 9% nationally for median income.

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

$114,210

Lower than 99% of U.S. ZIP codes
Home Price Growth, Past Five Years

55%

Higher than 56% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

24.5

Lower than 92% of U.S. ZIP codes

The boundary of ZIP Code 48223, in Wayne, Michigan.

The basics

Total Population

22,622

Median Age

36.4

Population Density

3,738.39

Home values & property tax

Median Property Tax

$1,879

Property Tax Rateyearly tax as a share of home value

1.9%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

2.24×

Lower than 79% of U.S. ZIP codes
Median Income

$44,512

Lower than 91% of U.S. ZIP codes
Median Rent

$1,031

Near the U.S. ZIP codes median

Home prices & appreciation

Home Price Growth, Past Year

4.2%

Higher than 56% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

55%

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

52%

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)

35.1

Annual Snowfall (in)

30.8

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 48223: frequently asked questions

What is the typical home value in ZIP Code 48223?
The estimated median home value in ZIP Code 48223 today is $114,210, lower than 99% of U.S. ZIP codes.
How much is property tax in ZIP Code 48223?
The median annual property tax in ZIP Code 48223 is $1,879, an effective rate of 1.9% of home value.
Is ZIP Code 48223 expensive to live in?
Homes in ZIP Code 48223 cost about 2.24× the median household income, lower than 79% of U.S. ZIP codes.
What is the average rent in ZIP Code 48223?
The median gross rent in ZIP Code 48223 is $1,031 a month, near the U.S. ZIP codes median.
How much have home prices grown in ZIP Code 48223?
Home prices in ZIP Code 48223 have moved 55% over the past five years (4.2% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 48223?
ZIP Code 48223 has a population of 22,622, about 3,738.39 people per square mile, per the U.S. Census American Community Survey. The median age is 36.4.
What is the weather like in ZIP Code 48223?
ZIP Code 48223 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 30.8 inches of snow a year.
Is ZIP Code 48223 at risk of flooding or natural disasters?
ZIP Code 48223's FEMA National Risk Index score is 24.5 (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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