ZIP Code 48240

In ZIP code 48240, near Detroit, households earn a median of $60,390, with per-capita income at $29,667. A median home value of $135,300 pairs with a 1.63% county property tax rate, which works out to roughly $2,200 annually for a home at that value. Sales tax in the area sits at 6.00%. Together, these figures sketch a cost picture where housing prices stay within reach of local earnings, though the property tax rate takes a noticeable share of home value each year, and everyday purchases carry a standard Michigan sales tax.