Zip Code:

48127, Dearborn Heights, MI

48127 is a Michigan Zip code within the city of Dearborn Heights and the county of Wayne County. Its population is roughly 35,747.

The Real Estate Market in Dearborn Heights, Michigan

Dearborn Heights, Michigan is a suburb of Detroit. The 48127 zip code covers most of Dearborn Heights. As of the 2010 census, the population was 28,811.

The median home value in the 48127 zip code was $86,000 in 2010. This is lower than the statewide median home value of $142,500 but higher than the national median home value of $53,700. The percentage of homes with a mortgage in 2010 was 59%. This is lower than the statewide percentage of homes with a mortgage (63%) but higher than the national percentage (54%).

The average monthly payment on a mortgage in the 48127 zip code was $1,068 in 2010. This is lower than the statewide average monthly payment ($1,209) but higher than the national average monthly payment ($846). The percentage of households that are paying more than 30% of their income on their mortgage in 2010 was 14%. This is lower than both the statewide percentage (19%) and national percentage (13%).

Price Index: Detroit-Dearborn-Livonia, MI (MSAD)

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