Skip to content

Data story ยท 2026

Owning a home in ZIP 48124 (Dearborn area), 2026

Mortgages, tax bills and the cost of owning for ZIP 48124 (Dearborn area), from the latest Census estimates and compared with Wayne County.

By Victoria JacksonEditor In Chief Published 1 min read
81.9%
Homes lived in by their owners
$204,200
Median home value
44.0%
Owner homes with no mortgage
$4,006 a year
Median property tax bill

Your next step

Thinking of selling? See what your house could bring today.

Homes for sale in Dearborn

Here is what the numbers say. For homes lived in by their owners, ZIP 48124 (Dearborn area) comes in at 81.9%, against 64.8% across Wayne County and 71.2% for Metro Detroit.

That is the 13th highest of 70 ZIP codes in Wayne County. For median home value, ZIP 48124 (Dearborn area) comes in at $204,200, against $178,500 across Wayne County.

That is the 28th highest of 70 ZIP codes in Wayne County.

The rest of the numbers

For owner homes with no mortgage, ZIP 48124 (Dearborn area) comes in at 44.0%, against 48.5% across Wayne County and 41.1% for Metro Detroit. That is the 33rd lowest of 70 ZIP codes in Wayne County.

For median property tax bill, ZIP 48124 (Dearborn area) comes in at $4,006 a year, against $2,904 a year across Wayne County. That is the 18th highest of 70 ZIP codes in Wayne County.

For property taxes as a share of home value, ZIP 48124 (Dearborn area) comes in at 1.96%, against 1.63% across Wayne County. That is the 7th highest of 70 ZIP codes in Wayne County.

For monthly owner costs without a mortgage, ZIP 48124 (Dearborn area) comes in at $681 a month, against $612 a month across Wayne County. That is the 25th highest of 69 ZIP codes in Wayne County.

Next door

ZIP 48125 (Allen Park area) nearby comes in at 67.9% for homes lived in by their owners. ZIP 48128 (Dearborn Heights area) nearby comes in at 85.1% for homes lived in by their owners.

ZIP 48127 (Dearborn Heights area) nearby comes in at 72.0% for homes lived in by their owners.

How we read the numbers

Every figure is the U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. Ranks compare ZIP codes in Wayne County with the same figure on file.

Final word

Every place named here links to its own guide on Rebuild Detroit. Stay tuned.

Sources

Victoria Jackson

Victoria Jackson

Editor In Chief, Detroit Ledger

Victoria Jackson is a lifelong student and sharp-eyed documentarian of all things Detroit, from its rich musical roots and cultural icons to its shifting neighborhoods, storied architecture, and underground legends.