ZIP Code 48340

Southfield, MI — income, home value, property tax, and sales tax.

Median household income
$47,891
Per-capita income
$26,623
Median home value
$343,600
Property tax rate
1.27%
Combined sales tax
6.00%

In ZIP code 48340, near Southfield, households earn a median of $47,891, or $26,623 per person. A median home value of $119,900 pairs with a county property tax rate of 1.27%, which works out to roughly $1,523 in annual taxes on that home. Sales tax across the area sits at 6.00%, applying to everyday purchases. Together, these figures sketch a community where home prices stay below many neighboring areas, income levels are moderate, and both property and sales taxes take a steady, predictable share of household budgets.

See how Southfield, MI taxes stack up

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