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Detroit, MI 48224 has a population of approximately 42,724 and experiences a population change rate of -22.93%. The population density is 7,449.7 / sq mi .
The median household income for Detroit, MI 48224 is $37,206, with 13,189 households and an average household size of 2.91.
The median value of a home in Detroit, MI 48224 is $80,000 with an appreciation rate of 9.70%. 43.70% of housing in the state is owned while 33.76% is rented.
The cost of living in Detroit, MI 48224 is 96.6 %.
The unemployment rate in Detroit, MI 48224 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 48224 is 6.00%, while the income tax rate is 4.25% .
School expenditures in Detroit, MI 48224 are $13,771, and the school ratio is 17.7:1.
The average high temperature in July is 82.9 degrees, with an average low temperature in January of 18.3 degrees. The average rainfall is approximately 33.5 inches per year, with 30.4 inches of snow per year.
