ZIP comparison · Detroit-Warren-Dearborn, MI
48009 vs 48301
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 | ZIP48009Birmingham, MI | ZIP48301MI |
|---|---|---|
| Home value | ||
| Typical home value | $737,952 | Better: $778,836 |
| 1-year appreciation | +6.1% | Better: +6.9% |
| 5-year CAGR | +5.8% | Better: +6.2% |
| 10-year CAGR | +4.8% | Better: +5.5% |
| Rent & investment | ||
| Monthly rent | $3,556 | — |
| Gross yield | 5.8% | — |
| Cap rate | 3.5% | — |
| Property tax | ||
| Effective tax rate | 1.5% | Better: 1.3% |
| Typical annual tax | $10,926 | Better: $10,498 |
| Demographics | ||
| Population | 21,772 | 14,682 |
| Median household income | $153,401 | Better: $167,143 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -3,230 | -3,230 |
| Schools | ||
| Public schools | 4 | 3 |
| Students enrolled | 2,647 | 1,254 |