ZIP comparison · Detroit-Warren-Dearborn, MI
48038 vs 48048
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 | ZIP48038MI | ZIP48048New Haven, MI |
|---|---|---|
| Home value | ||
| Typical home value | Better: $293,219 | $292,835 |
| 1-year appreciation | Better: +4.4% | +2.5% |
| 5-year CAGR | Better: +5.6% | +5.2% |
| 10-year CAGR | Better: +5.9% | +5.6% |
| Rent & investment | ||
| Monthly rent | $1,312 | — |
| Gross yield | 5.4% | — |
| Cap rate | 3.2% | — |
| Property tax | ||
| Effective tax rate | 1.3% | Better: 1.0% |
| Typical annual tax | $3,902 | Better: $2,926 |
| Demographics | ||
| Population | 44,422 | 11,349 |
| Median household income | Better: $78,567 | $70,938 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -418 | -418 |
| Schools | ||
| Public schools | 12 | 5 |
| Students enrolled | 6,032 | 1,412 |