Henry Ford, Detroit, MI
Henry Ford — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Henry Ford, Detroit, Michigan. Explore the cited sources and local facts below while agent underwriting continues.
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Henry Ford Neighborhood Overview
The Henry Ford neighborhood is a historic district located in Detroit, Michigan, centered around the Henry Ford Hospital. It is a primarily residential area with a significant institutional presence, offering a unique urban living experience. The neighborhood's coordinates place it at approximately 42.3474 latitude and -83.0604 longitude within the 48201 ZIP code.
Lifestyle & Amenities
Residents benefit from proximity to the world-renowned Henry Ford Hospital, a major employer and healthcare destination. The area provides essential urban amenities and is closely connected to the cultural and medical institutions of the New Center area. Its location offers convenient access to services while maintaining a residential feel.
Real Estate Market
The real estate market in Henry Ford presents a notable contrast, with a Census-reported median home value of $381,500. Current market data indicates an asking price per square foot of approximately $192.24, suggesting a market with varied property types and values. The median household income in the area is reported as $22,243.
Schools & Education
The Henry Ford neighborhood is served by the Detroit Public Schools Community District. Families have access to the district's range of public school options, including nearby elementary, middle, and high schools. Prospective residents are encouraged to research current school assignments and ratings directly with the district.
Transportation & Connectivity
The neighborhood is well-served by major thoroughfares like the Lodge Freeway (M-10) and Woodward Avenue, providing quick access to downtown Detroit and surrounding suburbs. Public transportation options include DDOT bus lines along key corridors. Its central location makes it highly connected for both drivers and transit users.
Why Choose Henry Ford
Henry Ford appeals to those seeking a central Detroit location with a direct connection to a major medical and employment hub. The housing market offers opportunities in a historic urban setting with strong transportation links. It is a neighborhood defined by its institutional anchor and convenient access to the wider city.
Henry Ford Market Data
| Metric | Value |
|---|---|
| Median Home Price | $382K |
| Median Gross Rent | $765/mo |
| Median Household Income | $22K |
| Homeownership Rate | 11.4% |
| Renter-Occupied | 88.6% |
| Rental Vacancy Rate | 4.1% |
| Market Type | Balanced |
| Market Tier | Upper-Mid |
| Primary ZIP Code | 48201 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 264,220 |
| VA Loan Originations | 9,916 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $247K |
| Conventional Loan Originations | 227,996 |
| FHA Loan Originations | 26,308 |
Top Real Estate Agents in Henry Ford, Detroit
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Henry Ford, Detroit, MI. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Michigan Department of Licensing and Regulatory Affairs (LARA) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-16