ZIP code 48240

ZIP 48240 is a mid-size town in Wayne County, Michigan, with 17,097 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #231 of 992 ranked by population — larger than 76% of them. The median age here is 37.5 years against 39.1 nationally, a slightly younger profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in ZIP 48240 earn a median of $57,970 a year, 26.2% below the national figure of $78,538. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 11.3% of residents here, below the 12.4% national rate.

The typical owner-occupied home in ZIP 48240 is valued at $120,700, 60.2% below the national figure, while median gross rent runs $1,326 a month, 5.7% below the national figure, or roughly $15,912 across a full year. A household on the local median income would put about 27.4% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 2.1×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 74.2% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

No figure on this page is estimated by us; each one comes straight from the published ACS tables for this area. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

ZIP 48240 is tabulated inside Wayne County, Michigan, one of 69 ZIP areas the Census publishes for that county and 992 across Michigan. This is a mid-sized suburban ZIP inside a county that is split across many delivery areas. County assignment on this page follows the largest share of the ZIP's land area, which matters where a delivery route crosses a county line: mail addressed to 48240 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 48240 reports a median household income of $57,970, close to the $57,577 county median, and 13% below the $66,726 typical MI ZIP. Owner-occupied homes are valued at a median of $120,700, 22% below the county figure and 33% below the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $1,326 a month, which is why it reads higher than the advertised rent on a listing for the same unit.

Michigan charges 6% statewide, and no local sales tax is layered on top, so the state rate is the full amount collected in 48240.

Everything above comes from the Census Bureau American Community Survey 2019-2023 ACS 5-year estimates for this ZIP Code Tabulation Area, with sales tax rates traced to the state revenue agency. Five-year estimates pool sixty months of responses, so they are stable enough to compare 48240 with its neighbours but always trail the current year, and any value the Census suppressed for sample size is shown as unpublished rather than filled in with a model.