ZIP comparison · Detroit-Warren-Dearborn, MI
48063 vs 48067
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 | ZIP48063Richmond, MI | ZIP48067Royal Oak, MI |
|---|---|---|
| Home value | ||
| Typical home value | Better: $347,088 | $346,912 |
| 1-year appreciation | -1.3% | Better: +2.2% |
| 5-year CAGR | +3.3% | Better: +3.8% |
| 10-year CAGR | Better: +5.4% | +4.8% |
| Rent & investment | ||
| Monthly rent | — | $2,105 |
| Gross yield | — | 7.3% |
| Cap rate | — | 4.4% |
| Property tax | ||
| Effective tax rate | Better: 0.9% | 1.3% |
| Typical annual tax | Better: $3,044 | $4,625 |
| Demographics | ||
| Population | 4,206 | 24,868 |
| Median household income | $93,844 | Better: $112,840 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively High |
| Net migration | Better: +29 | -3,230 |
| Schools | ||
| Public schools | — | 3 |
| Students enrolled | — | 1,778 |