Detroit, MI — income, home value, property tax, and sales tax.
In ZIP code 48224, on Detroit's east side, households earn a median of $44,856, or $24,121 per person. Homes here carry a median value of $88,700, and county property taxes run 1.63% of that value, which works out to roughly $1,446 a year for a home at the median. Sales tax across the area totals 6.00%, so everyday purchases carry that added cost. Together, the two taxes draw on income at different points — annually through property and daily through spending — against a housing market where values stay well below the national median.
These numbers change over time. Get an update when they do — plus our recommendations.
No spam. Unsubscribe any time.