ZIP comparison · Detroit-Warren-Dearborn, MI
48030 vs 48240
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 | ZIP48030Hazel Park, MI | ZIP48240Detroit, MI |
|---|---|---|
| Home value | ||
| Typical home value | Better: $158,915 | $155,335 |
| 1-year appreciation | -5.5% | Better: -0.1% |
| 5-year CAGR | +2.5% | Better: +5.3% |
| 10-year CAGR | Better: +11.1% | +10.1% |
| Rent & investment | ||
| Monthly rent | Better: $1,522 | $1,567 |
| Gross yield | 11.5% | Better: 12.1% |
| Cap rate | 6.9% | Better: 7.3% |
| Property tax | ||
| Effective tax rate | Better: 1.6% | 1.6% |
| Typical annual tax | Better: $2,501 | $2,509 |
| Demographics | ||
| Population | 14,963 | 17,008 |
| Median household income | Better: $67,073 | $60,390 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | Better: -3,230 | -4,559 |
| Schools | ||
| Public schools | 9 | 11 |
| Students enrolled | 5,380 | 2,961 |