Detroit, MI — income, home value, property tax, and sales tax.
With a median household income of $38,404 and per-capita income of $27,294, ZIP code 48203 sits in working-class territory within Detroit. Homes here have a median value of $76,200, and the county-level effective property tax rate of 1.63% applies to that assessed value. Combined with a 6.00% sales tax, the overall tax load takes a meaningful share of household earnings in a community where incomes run well below national norms. These figures point to a neighborhood where housing costs stay within reach but paychecks remain tight.
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