Detroit (48204) in Michigan Real Estate, Demographics, Mortgage and Jobs

USA	Michigan	Detroit

Detroit, MI 48204

Detroit (48204) has an estimated 27,997 residents with 27,805 of those people in approximately 11,129 housing units. The 48204 zipcode contains 2,644 housing units that are owned with a mortgage or a loan, 2,939 housing units that are owned free and clear and 5,546 housing units that are renter occupied.

In 2018 the average percentage drop was 14.79% of original listing price.

Zip code 48204 is in the Detroit-Warren-Dearborn metropolitan area.
The median estimated home value in Detroit, MI (48204) is $18,200 as of 2018-10-31

In Detroit, MI (48204), values have dropped by -0.08 from when they peaked at $19,800 in 2015-Q3

The Zillow Market Health Index for Detroit, MI (48204) is 5.43. The corresponding state value is 6.27. This is lower than the overall Market Health Index of Michigan.
Metro value is 4.41.
This is higher than the overall Market Health Index of Detroit-Warren-Dearborn.

Current Weather in Detroit Created 17 Mar 18:53 pm EDT in Detroit/Pontiac, MI
	Chance Rain/Snow then Partly Cloudy A chance of rain and snow showers before 8pm, then a chance of snow showers between 8pm and 11pm. Mostly cloudy, with a low around 25. Light and variable wind becoming northwest around 6 mph in the evening. Chance of precipitation is 30%.

Demographics of Detroit zipcode 48204
The median age here is 37.10. This age is 97.6% the national median age.
The number of male residents is 10,495 with a median age of 35.80 years. The number of female residents is 11,243 with a median age of 38.40 years. This yields a ♂ to ♀ ratio of 0.93
The average household is 2.42 persons and has an income of $27,609.
The average family size in Detroit is 5.10.
Area Code: 313
Time zone: Eastern USA
Region: Midwest - East North Central
Has Daylight Saving: Yes
Businesses: 193
Employment: 1,178
Medicare Area: Detroit-Dearborn-Livonia, MI
County: WAYNE

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