ZIP Code 48205

In Detroit's 48205 ZIP code, homes carry a median value of $65,300, and the county-level property tax rate of 1.63% works out to roughly $1,064 a year on a home at that price. With median household income at $38,966 and per-capita income of $20,780, that tax bill takes a meaningful bite out of earnings, though the low home values keep the absolute cost down. A 6.00% combined sales tax applies to purchases. Ownership here hinges less on price than on whether income can absorb the annual levy.