48205 Income Statistics

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Comparison to Surrounding Areas

48205 Median Household Income

The median household income ($42,671) for 48205 is less than the median household income for 48021 ($57,953), 48089 ($50,318), 48225 ($57,655), and Wayne County ($57,223). But it's more than 48213 ($33,659), 48224 ($41,011), 48234 ($35,667), and Detroit city ($37,761).

48205	$42,671
Detroit city	$37,761
Wayne County	$57,223

48205 Average Household Income

The average household income ($52,851) for 48205 is less than the average household income for 48021 ($68,607), 48089 ($63,444), 48224 ($56,290), 48225 ($70,231), Wayne County ($81,036), and Detroit city ($54,054). But it's more than 48213 ($45,917) and 48234 ($47,022).

48205	$52,851
Detroit city	$54,054
Wayne County	$81,036

48205 Per-Capita Income

The per-capita income for 48205 is $22,585. The per capita income ($22,585) for 48205 is less than the per capita income for 48021 ($27,019), 48089 ($25,544), 48225 ($27,329), Wayne County ($32,643), and Detroit city ($22,861). But it's more than 48213 ($18,001), 48224 ($20,798), and 48234 ($19,643).

48205	$22,585
Detroit city	$22,861
Wayne County	$32,643

48205 High Income Households

1.3% of households make over $200,000 a year. The percent high income households (1.3%) for 48205 is more than 48234 (1.0%), 48224 (2.1%), 48225 (2.1%), 48021 (2.1%), 48089 (1.8%), 48213 (1.2%), Wayne County (6.7%), and Detroit city (2.4%).

48205	1.3%
Detroit city	2.4%
Wayne County	6.7%

48205 Median Household Income by Age of Householder

	under 25 years	25 to 44 years	45 to 64 years	65 years and over
48205	$35,958	$43,599	$40,089	$40,638
Detroit city	$29,740	$39,657	$38,733	$35,596
Wayne County	$34,228	$59,915	$68,453	$46,160

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All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2022 5-year estimates. You can find this information and other demographics for 48205 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
B19049 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

	Median Household Income	Average Household Income	Per Capita Income	High Income Households	Median Household Income by Age of Householder
	Median Household Income	Average Household Income	Per Capita Income	High Income Households	under 25	25 to 44	45 to 64	65+
48205	+/-$2,218	+/-$3,308	+/-$1,794	+/-0.6%	+/-$8,206	+/-$2,079	+/-$11,246	+/-$5,362
Detroit city	+/-$820	+/-$1,023	+/-$410	+/-0.2%	+/-$4,971	+/-$1,348	+/-$1,483	+/-$1,444
Wayne County	+/-$563	+/-$771	+/-$293	+/-0.2%	+/-$2,055	+/-$1,132	+/-$1,081	+/-$832