48180, Taylor, MI

The 48180 zip code of Taylor, Michigan is located in the southeastern corner of the state and includes a population of just over 20,000 people. The median home value in this zip code is $131,500, which is considerably higher than the statewide median home value of $146,600. This high home value may be partially attributable to the fact that Taylor is located within a desirable area of Michigan. Additionally, Taylor has seen strong growth over the past few years and its economy continues to improve.

Despite these positive factors, there are some potential risks associated with buying a home in the 48180 zip code. One such risk is that interest rates could rise over time and make it more expensive to borrow money against your home equity. Another potential risk is that the market could decline and cause your home's value to decrease below its original purchase price. However, overall it appears that homes in this zip code are generally safe investments and should provide homeowners with good returns on their investment over time.