48224 Community Information

48224 Homes for Sale

48224 Community Information

Population

48,957

Median Age

29.8

Median Household Income

$46,481

Households with Children

61.97%

Median Travel Time to Work

30 minutes

48224 Real Estate Market Information

Homes Owned

69.46%

Homes Rented

26.27%

Homes Vacant

4.27%

48224 Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

1:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

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48224 School Information

Elementary Schools

Primary Schools

Middle Schools

High Schools

Other Schools

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Community Age Profile

Community

Transportation

Transportation

Education Levels

Education Levels

Occupation

Occupation

Community

  • Total Population 48,957
  • Total Male Population 22,891
  • Total Female Population 26,066
  • Population change since 2000 -11.87%
  • Median age 29.8
  • Percent of households with children 61.97%
  • Personal Crime risk 363

Transportation

  • Median travel time to work 30 minutes
  • Percent using Public transportation 4.66%
  • Percent Driving/Using Carpool 91.37
  • Percent Using Other transportation 1.70%
  • Percent Working From Home 2.27%

Education Levels

  • Some high school 16.03%
  • High school graduate 31.24%
  • Some college 28.50%
  • Associate degree 8.47%
  • Bachelor's degree 10.55%
  • Graduate degree 5.20%

Occupation

  • Agriculture, forestry, and fishing 0.17%
  • Construction 2.62%
  • Manufacturing 16.34%
  • Wholesale Trade 1.64%
  • Retail Trade 7.73%
  • Finance, insurance and real estate 6.19%
  • Services 5.03%
  • Public administration 8.25%
  • Information 2.71%
  • Professional 9.16%
  • Education 24.60%
  • Arts 8.46%

Income

  • Average household income $57,473
  • Income change since 2000 13.55%

Climate

  • Avg. January high/low temp 30.87 / 18.27
  • Avg. July high/low temp 82.63 / 63.73
  • Annual precipitation 33.64
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