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USDA Geographic Eligibility Statistics for Michigan Postal Zip Code 48242
Featured local agent: Lisa Kinney from BBR Realty
2.9% of Michigan is ineligible for rural development USDA home loans.
Postal code 48242 is used by homes and businesses in and around Detroit, Michigan, and covers 18.9 square kilometers. About 18.9 square kilometers of this postal code falls within a USDA exclusion zone. By percentage, about 100.0% of zip code area 48242 is ineligible for rural development USDA home loans.
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Interested in some fun facts and history about Detroit, MI?
Read on!
Detroit is the largest and the most populous city in the state of Michigan, United States. It was founded in 1701 by French explorer Antoine de la Mothe Cadillac, who named it Fort Pontchartrain du Détroit, after the nearby Detroit River.
The city grew rapidly in the 19th century, as it became a major industrial center for the production of cars, steel, and other goods. The Ford Motor Company, General Motors, and Chrysler are still headquartered in the city or nearby suburbs, making Detroit a major center of the American automotive industry.
Detroit is also known for its music, particularly its Motown sound from the 1960s and 1970s, which included artists like Stevie Wonder, Aretha Franklin, and the Jackson 5.
However, in the later part of the 20th century, industry and population began to decline, leading to financial and social problems. The city filed for bankruptcy in 2013, becoming the largest municipality in U.S. history to do so at that time.
Despite recent struggles, Detroit is still working to revitalize itself and has seen some economic growth in recent years. It is also known for its art and cultural offerings, like the Detroit Institute of Arts and the annual Detroit Jazz Festival.
USDA RD State OfficeFeatured Property from USDA Loan Eligible Regions of Michigan
3001 Coolidge Rd.
Suite 200
East Lansing, MI 48823
517-324-5190 | Fax 855-813-7741
