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Detroit (zip 48205), Michigan   Add Favorite    0 Reviews | Review This Place




Find your Best Mortgage in Detroit: Fixed Rate, Adjustable Rate, 30 years, 15 years.

Pros

-Arts and culture
-Professional sports
-Cost of living

Cons

-Economy
-Violent crime
-Urban decay


What Bert Has To Say About Detroit-Warren-Dearborn Metro Area


Detroit’s seemingly endless grid-patterned suburbs spread mainly west of town, and the northern half of this suburban cluster has been split off of the formerly singular Detroit metro area. That northern half consists of the relatively new and prosperous suburbs spreading north into Oakland County, including not only the named places of Warren, Troy and Farmington Hills but also such familiar names as Southfield, Pontiac, Royal Oak, Auburn Hills and Bloomfield. These suburbs, located on once-agricultural land, are plain, business friendly and mostly family friendly.


Bert Suggests test-driving a neighborhood in Detroit with an affordable short term rental. Click here to find the right place on Airbnb.


Highlights


  • Profile: Large city
  • Time zone: Eastern Standard Time
  • Elevation: 664
  • Real Estate: For Sale  For Rent
  • City: Detroit
  • Zip Codes: Detroit (zip 48205)

Quick Facts About Detroit


    ECONOMY
    The unemployment rate in Detroit (zip 48205) is 11.60 percent(U.S. avg. is 5.20%). Recent job growth is Positive. Detroit (zip 48205) jobs have Increased by 1.23 percent.
    COST OF LIVING
    Compared to the rest of the country, Detroit (zip 48205)'s cost of living is 28.30% Lower than the U.S. average.
    POPULATION
    As of 2014, Detroit (zip 48205)'s population is 37,556 people. Since 2000, it has had a population growth of -42.35 percent.
    TRANSPORTATION
    Average Commute time is 25 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Detroit (zip 48205) is $30,500. Home appreciation the last 10 years has been -29.16%.
    SCHOOLS
    Detroit (zip 48205) public schools spend $18,421 per student. The average school expenditure in the U.S. is $12,383. There are about 15.9 students per teacher in Detroit (zip 48205).

Detroit Ranked & Rated



Detroit Housing Market


It's a good time to buy in Detroit. Home Appreciation is up 7.7% in the last 12 months. Browse Detroit Real Estate.
The median home price in Detroit is $30,500. Browse Homes in this Range.
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Reviews for Detroit (zip 48205), Michigan


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