Owning a home in ZIP 48205 (Detroit area), 2026

Look past the headlines and the numbers start talking. For homes lived in by their owners, ZIP 48205 (Detroit area) comes in at 50.6%, against 64.8% across Wayne County and 71.2% for Metro Detroit.

That is the 12th lowest of 70 ZIP codes in Wayne County. For median home value, ZIP 48205 (Detroit area) comes in at $65,300, against $178,500 across Wayne County.

That is the 7th lowest of 70 ZIP codes in Wayne County.

The rest of the numbers

For owner homes with no mortgage, ZIP 48205 (Detroit area) comes in at 68.0%, against 48.5% across Wayne County and 41.1% for Metro Detroit. That is the 16th highest of 70 ZIP codes in Wayne County.

For median property tax bill, ZIP 48205 (Detroit area) comes in at $1,280 a year, against $2,904 a year across Wayne County. That is the 10th lowest of 70 ZIP codes in Wayne County.

For property taxes as a share of home value, ZIP 48205 (Detroit area) comes in at 1.96%, against 1.63% across Wayne County. That is the 8th highest of 70 ZIP codes in Wayne County.

For monthly owner costs without a mortgage, ZIP 48205 (Detroit area) comes in at $535 a month, against $612 a month across Wayne County. That is the 17th lowest of 69 ZIP codes in Wayne County.

Next door

ZIP 48089 (Center Line area) nearby comes in at 56.6% for homes lived in by their owners. ZIP 48213 (Detroit area) nearby comes in at 58.4% for homes lived in by their owners.

ZIP 48224 (Detroit area) nearby comes in at 55.9% 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. That is the story so far.