ZIP comparison · Detroit-Warren-Dearborn, MI
48023 vs 48173
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 | ZIP48023MI | ZIP48173Gibraltar, MI |
|---|---|---|
| Home value | ||
| Typical home value | $265,743 | Better: $269,344 |
| 1-year appreciation | Better: +3.7% | +3.5% |
| 5-year CAGR | -0.8% | Better: +4.5% |
| 10-year CAGR | +1.9% | Better: +7.1% |
| Rent & investment | ||
| Monthly rent | — | $1,145 |
| Gross yield | — | 5.1% |
| Cap rate | — | 3.1% |
| Property tax | ||
| Effective tax rate | Better: 1.0% | 1.8% |
| Typical annual tax | Better: $2,680 | $4,765 |
| Demographics | ||
| Population | 5,031 | 12,931 |
| Median household income | $70,469 | Better: $94,094 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively High |
| Net migration | Better: +29 | -4,559 |
| Schools | ||
| Public schools | 4 | 5 |
| Students enrolled | 2,339 | 2,866 |