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Data story ยท 2026

Owning a home in ZIP 48207 (Detroit area), 2026

Mortgages, tax bills and the cost of owning for ZIP 48207 (Detroit area), from the latest Census estimates and compared with Wayne County.

By Victoria JacksonEditor In Chief Published 1 min read
25.8%
Homes lived in by their owners
$211,600
Median home value
63.6%
Owner homes with no mortgage
$1,798 a year
Median property tax bill

Your next step

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Homes for sale in Detroit

Here is what the numbers say. For homes lived in by their owners, ZIP 48207 (Detroit area) comes in at 25.8%, against 64.8% across Wayne County and 71.2% for Metro Detroit.

That is the 3rd lowest of 70 ZIP codes in Wayne County. For median home value, ZIP 48207 (Detroit area) comes in at $211,600, against $178,500 across Wayne County.

That is the 27th highest of 70 ZIP codes in Wayne County.

The rest of the numbers

For owner homes with no mortgage, ZIP 48207 (Detroit area) comes in at 63.6%, against 48.5% across Wayne County and 41.1% for Metro Detroit. That is the 19th highest of 70 ZIP codes in Wayne County.

For median property tax bill, ZIP 48207 (Detroit area) comes in at $1,798 a year, against $2,904 a year across Wayne County. That is the 24th lowest of 70 ZIP codes in Wayne County.

For property taxes as a share of home value, ZIP 48207 (Detroit area) comes in at 0.85%, against 1.63% across Wayne County. That is the 3rd lowest of 70 ZIP codes in Wayne County.

For monthly owner costs without a mortgage, ZIP 48207 (Detroit area) comes in at $877 a month, against $612 a month across Wayne County. That is the 7th highest of 69 ZIP codes in Wayne County.

Next door

ZIP 48214 (Detroit area) nearby comes in at 41.0% for homes lived in by their owners. ZIP 48226 (Detroit area) nearby comes in at 6.3% for homes lived in by their owners.

ZIP 48201 (Detroit area) nearby comes in at 11.0% 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.