ZIP comparison · Detroit-Warren-Dearborn, MI

48002 vs 48067

Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.

MetricZIP48002MIZIP48067Royal Oak, MI
Home value
Typical home valueBetter: $351,628$346,912
1-year appreciationBetter: +5.2%+2.2%
5-year CAGRBetter: +4.4%+3.8%
10-year CAGRBetter: +6.9%+4.8%
Rent & investment
Monthly rent$2,105
Gross yield7.3%
Cap rate4.4%
Property tax
Effective tax rateBetter: 0.9%1.3%
Typical annual taxBetter: $3,263$4,625
Demographics
Population3,12024,868
Median household income$93,948Better: $112,840
Climate & migration
Overall risk (FEMA NRI)Relatively ModerateRelatively High
Net migrationBetter: +29-3,230
Schools
Public schools3
Students enrolled1,778