Great development opportunity and includes 6164 16th St. W10I006211S. All offers must be supported by proof of funds for both the purchase price and construction cost. Site includes adj. vacant lot with fence. Inspectors estimate of minimum cost of repairs at $180, 000. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring owne… Full description
The average household income in Detroit, MI grew from $30,344 to $31,283 in the past year. This data is an estimate based upon 266,333 households in Detroit, MI. The chart below presents how household income is distributed in Detroit, MI in comparison to the revenue allocation amid households nationally.
Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Detroit, MI compared to median property taxes around the country. The prevalent amount of property taxes in Detroit, MI equals $800-$1,500, which is less than the national average.