Detroit, MI — income, home value, property tax, and sales tax.
In ZIP code 48216, on Detroit's southwest side, households earn a median of $44,335, while per-capita income reaches $37,290. A median home value of $242,600 meets a county property tax rate of 1.63%, and the combined sales tax sits at 6.00%. Those two rates shape daily life here: property taxes apply to owners, sales tax to nearly every purchase. With income below the home value, buyers face a real stretch, and the gap between earnings and housing costs defines the financial terrain more than either tax alone.
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