Southgate (48195) in Michigan Real Estate, Demographics, Mortgage and Jobs

USA	Michigan	Southgate Michigan

Southgate, MI 48195

Southgate (48195) has an estimated 30,047 residents with 29,930 of those people in approximately 13,062 housing units. The 48195 zipcode contains 5,721 housing units that are owned with a mortgage or a loan, 2,906 housing units that are owned free and clear and 4,435 housing units that are renter occupied.

In Southgate (48195) the median listing price of $119,000 has dropped by $900 since 2018-10.

In 2018 the average percentage drop was 6.30% of original listing price.

Zip code 48195 is in the Detroit-Warren-Dearborn metropolitan area.
The median estimated home value in Southgate, MI (48195) is $118,200 as of 2018-10-31 . Home values here have declined by 0.94%.

In Southgate, MI (48195), values have dropped by -0.16 from when they peaked at $140,500 in 2004-Q4

The Zillow Market Health Index for Southgate, MI (48195) is 3.61. The corresponding state value is 6.27. This is significantly lower than the overall Market Health Index of Michigan.
Metro value is 4.41.
This is lower than the overall Market Health Index of Detroit-Warren-Dearborn.

Demographics of Southgate zipcode 48195
The median age here is 40.80. This age is 107.4% the national median age.
The number of male residents is 14,353 with a median age of 39.30 years. The number of female residents is 15,694 with a median age of 42.60 years. This yields a ♂ to ♀ ratio of 0.91
The average household is 2.29 persons and has an income of $59,975.
The average family size in Southgate is 2.95.
Area Code: 734
Time zone: Eastern USA
Region: Midwest - East North Central
Has Daylight Saving: Yes
Businesses: 572
Employment: 9,058
Medicare Area: Detroit-Dearborn-Livonia, MI
County: WAYNE

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