ZIP Code 48240

ZIP Code 48240: frequently asked questions

What is the median home value in ZIP Code 48240?

The median home value in ZIP Code 48240 is $135,300, lower than 72% of U.S. ZIP codes.

How much is property tax in ZIP Code 48240?

The median annual property tax in ZIP Code 48240 is $2,219, an effective rate of 2% of home value.

Is ZIP Code 48240 expensive to live in?

Homes in ZIP Code 48240 cost about 2.24× the median household income, lower than 70% of U.S. ZIP codes.

What is the average rent in ZIP Code 48240?

The median gross rent in ZIP Code 48240 is $1,399 a month, higher than 80% of U.S. ZIP codes.

How much have home prices grown in ZIP Code 48240?

Home prices in ZIP Code 48240 have moved 54% over the past five years (1.8% in the past year), per the FHFA House Price Index.

What is the weather like in ZIP Code 48240?

ZIP Code 48240 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 48240 at risk of flooding or natural disasters?

ZIP Code 48240's FEMA National Risk Index score is 15.6 (lower than 93% of U.S. ZIP codes). Its greatest modeled natural hazard is tornado. Modeled coastal-flood loss is negligible.