Detroit, MI — income, home value, property tax, and sales tax.
In ZIP code 48218, on Detroit's southwest side, households earn a median of $41,033, while per-capita income sits at $22,582. With homes valued around $65,200 and the county's 1.63% property tax rate, annual property taxes come to roughly $1,060 — a figure that shapes what owners can set aside for other needs. Sales tax of 6.00% applies to purchases, trimming spending power slightly. These earnings and costs together sketch a tight monthly balance, where housing expenses stay comparatively contained but income growth and daily expenses still demand careful planning.
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