The median home value in Detroit, MI 48227 is $64,700. This is lower than the county median home value of $150,200. The national median home value is $338,100. The average price of homes sold in Detroit, MI 48227 is $64,700. Approximately 42.76% of Detroit, MI 48227 homes are owned, compared to 34.32% rented, while 22.92% are vacant. Detroit, MI 48227 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Detroit, MI 48227 real estate agent to arrange a tour today!
Learn More About Detroit, MI 48227 Real EstateDetroit, MI 48227 has a population of approximately 42,364 and experiences a population change rate of -30.69%. The population density is 5,626 / sq mi.
The median household income for Detroit, MI 48227 is $31,211, with 15,118 households and an average household size of 2.63.
The cost of living index in Detroit, MI 48227 is 99%.
The median value of a home in Detroit, MI 48227 is $64,700 with an appreciation rate of 9.7%. 42.8% of housing in the zip code is owned while 34.3% is rented.
The unemployment rate in Detroit, MI 48227 is 2.40%, and recent job growth is at 1.22%. Future job growth is projected at 45.94%.
The sales tax rate in Detroit, MI 48227 is 6.00%, while the income tax rate is 4.25%.
School expenditures in Detroit, MI 48227 are $13,771, and the school ratio is 17.7:1.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 18.8 degrees. The average rainfall is approximately 33.3 inches per year, with 34.1 inches of snow per year.
Metric | City | County |
---|---|---|
High School Graduates | 82.61 | 87.61 |
College Degree - 2 year | 7.43 | 8.59 |
College Degree - 4 year | 16.23 | 25.82 |
Graduate Degree | 5.15 | 7.79 |
Expenditures per Student | $13,771 | $13,771 |
Students per Teacher | 17.70 | 17.70 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Burns Elementary-Middle School | PK - 08 | 427 | 17.1 | 48227 |
Detroit Premier Academy | KG - 08 | 738 | 21.1 | 48228 |
Dixon Elementary School | PK - 08 | 622 | 15.6 | 48228 |
Dossin Elementary-Middle School | PK - 08 | 377 | 17.1 | 48227 |
Edison Elementary School | PK - 05 | 268 | 16.8 | 48227 |
Flagship Charter Academy | KG - 08 | 703 | 20.1 | 48238 |
Foreign Language Immersion and Cultural Studies | KG - 08 | 683 | 21.3 | 48235 |
Henderson Academy | PK - 08 | 750 | 17.1 | 48228 |
King John R. Academic and Performing Arts Academy | PK - 08 | 844 | 19.6 | 48227 |
Lincoln-King Academy | KG - 08 | 563 | 20.9 | 48235 |
Mary McLeod Bethune Elementary-Middle School | KG - 08 | 574 | 14.7 | 48227 |
Michigan Technical Academy Elementary | PK - 04 | 534 | 15.3 | 48235 |
Warrendale Charter Academy | KG - 08 | 712 | 20.3 | 48228 |
Young Coleman A. Elementary | PK - 05 | 392 | 14.5 | 48227 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
Cody Academy of Public Leadership | 09 - 12 | 368 | 16.7 | 48228 |
Communication and Media Arts High School | 09 - 12 | 612 | 25.5 | 48227 |
Detroit Community Schools - High School | 09 - 12 | 407 | 15.8 | 48223 |
Detroit Institute of Technology At Cody | 09 - 12 | 280 | 14.7 | 48228 |
Jalen Rose Leadership Academy | 09 - 12 | 414 | 21.2 | 48235 |
Medicine and Community Health Academy At Cody | 09 - 12 | 443 | 16.4 | 48228 |
Old Redford Academy - High | 09 - 12 | 785 | 17.6 | 48235 |
Renaissance High School | 09 - 12 | 1148 | 22.5 | 48235 |
School | Grades | Students | P/T Ratio | ZIP |
---|---|---|---|---|
* Jerry L White Center High School | 09 - 12 | 224 | 8.4 | 48235 |
A. Philip Randolph Technical High School | 09 - 09 | 0 | null | 48235 |
David Ellis Academy | KG - 12 | 369 | 20.5 | 48235 |
Detroit Leadership Academy Middle/High | 06 - 10 | 218 | 27.3 | 48228 |
Gompers Elementary-Middle School | PK - 09 | 786 | 17.9 | 48223 |
International Academy of Detroit | UG - UG | 0 | null | 48235 |
University Yes Academy | KG - 12 | 818 | 19.9 | 48235 |
W-A-Y Academy - Chicago Site | 07 - 11 | 165 | 16.2 | 48228 |