ZIP Code 48362

Households in ZIP code 48362, near Southfield, bring in a median of $115,230 a year, with per-capita income at $55,885. That earnings level shapes how far each dollar stretches: a median home valued at $346,900 carries a county property tax rate of 1.27%, and purchases face a combined 6.00% sales tax. Housing costs and everyday spending both draw on the same paycheck, so buyers weighing a move here should factor the tax rate into what they can carry. The income figures indicate a solid base, but the property tax tied to that home value still claims a meaningful share each year.