48315 Community Information

48315 Homes for Sale

48315 Community Information

Population

32,627

Median Age

41.4

Median Household Income

$76,275

Households with Children

42.23%

Median Travel Time to Work

29 minutes

48315 Real Estate Market Information

Homes Owned

88.15%

Homes Rented

9.57%

Homes Vacant

2.28%

48315 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.

See apartments for rent

Powered by Apartments.com & HomeFinder.com

48315 School Information

Elementary Schools

Primary Schools

Middle Schools

Secondary 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 32,627
  • Total Male Population 15,693
  • Total Female Population 16,934
  • Population change since 2000 40.72%
  • Median age 41.4
  • Percent of households with children 42.23%
  • Personal Crime risk 7

Transportation

  • Median travel time to work 29 minutes
  • Percent using Public transportation 0.82%
  • Percent Driving/Using Carpool 93.85
  • Percent Using Other transportation 0.55%
  • Percent Working From Home 4.77%

Education Levels

  • Some high school 11.93%
  • High school graduate 29.15%
  • Some college 23.11%
  • Associate degree 8.81%
  • Bachelor's degree 16.67%
  • Graduate degree 10.33%

Occupation

  • Agriculture, forestry, and fishing 0.18%
  • Construction 6.55%
  • Manufacturing 24.50%
  • Wholesale Trade 3.31%
  • Retail Trade 11.75%
  • Finance, insurance and real estate 5.40%
  • Services 4.85%
  • Public administration 2.80%
  • Information 1.12%
  • Professional 12.13%
  • Education 18.63%
  • Arts 5.40%

Income

  • Average household income $92,696
  • Income change since 2000 7.33%

Climate

  • Avg. January high/low temp 30.87 / 16.05
  • Avg. July high/low temp 82.87 / 61.32
  • Annual precipitation 33.17
© 2013 HomeFinder.com, LLC Equal Housing Opportunity