ZIP comparison · Detroit-Warren-Dearborn, MI
48006 vs 48062
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.
| Metric | ZIP48006MI | ZIP48062Richmond, MI |
|---|---|---|
| Home value | ||
| Typical home value | $307,278 | Better: $308,098 |
| 1-year appreciation | +4.5% | Better: +4.7% |
| 5-year CAGR | Better: +4.7% | +4.5% |
| 10-year CAGR | Better: +7.8% | +5.9% |
| Rent & investment | ||
| Monthly rent | — | — |
| Gross yield | — | — |
| Cap rate | — | — |
| Property tax | ||
| Effective tax rate | Better: 0.8% | 1.2% |
| Typical annual tax | Better: $2,456 | $3,748 |
| Demographics | ||
| Population | 3,889 | 9,385 |
| Median household income | $71,385 | Better: $82,045 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively High |
| Net migration | Better: +29 | -418 |
| Schools | ||
| Public schools | 1 | 3 |
| Students enrolled | 242 | 1,519 |