ZIP comparison · Detroit-Warren-Dearborn, MI
48047 vs 48164
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 | ZIP48047New Baltimore, MI | ZIP48164MI |
|---|---|---|
| Home value | ||
| Typical home value | Better: $344,120 | $343,855 |
| 1-year appreciation | +4.8% | Better: +5.3% |
| 5-year CAGR | Better: +5.7% | +5.0% |
| 10-year CAGR | +6.2% | Better: +6.2% |
| Rent & investment | ||
| Monthly rent | $1,854 | — |
| Gross yield | 6.5% | — |
| Cap rate | 3.9% | — |
| Property tax | ||
| Effective tax rate | Better: 1.2% | 1.3% |
| Typical annual tax | Better: $4,036 | $4,627 |
| Demographics | ||
| Population | 40,302 | 9,576 |
| Median household income | $94,890 | Better: $107,827 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | Better: -418 | -4,559 |
| Schools | ||
| Public schools | 9 | 5 |
| Students enrolled | 3,705 | 2,482 |