ZIP comparison · Detroit-Warren-Dearborn, MI
48038 vs 48312
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 | ZIP48312Sterling Heights, MI |
|---|---|---|
| Home value | ||
| Typical home value | $293,219 | Better: $294,588 |
| 1-year appreciation | Better: +4.4% | +3.8% |
| 5-year CAGR | +5.6% | Better: +5.9% |
| 10-year CAGR | +5.9% | Better: +6.5% |
| Rent & investment | ||
| Monthly rent | Better: $1,312 | $1,715 |
| Gross yield | 5.4% | Better: 7.0% |
| Cap rate | 3.2% | Better: 4.2% |
| Property tax | ||
| Effective tax rate | 1.3% | Better: 1.2% |
| Typical annual tax | $3,902 | Better: $3,593 |
| Demographics | ||
| Population | 44,422 | 34,401 |
| Median household income | Better: $78,567 | $68,061 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -418 | -418 |
| Schools | ||
| Public schools | 12 | 13 |
| Students enrolled | 6,032 | 5,729 |