Detroit, MI — income, home value, property tax, and sales tax.
In Detroit's 48221 ZIP code, homes carry a median value of $154,600, and the county-level property tax rate of 1.63% translates into roughly $2,520 in annual taxes on such a home. With median household income at $57,878, that bill equals about 4.4% of yearly earnings, while per-capita income sits at $31,080. A 6.00% combined sales tax applies to purchases across the area. Buyers weighing a move here should factor the tax load against take-home pay, since owning a median-priced home claims a noticeable slice of what households bring in each year.
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