ZIP comparison · Detroit-Warren-Dearborn, MI
48084 vs 48167
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 | ZIP48084Troy, MI | ZIP48167Novi, MI |
|---|---|---|
| Home value | ||
| Typical home value | $491,536 | Better: $498,681 |
| 1-year appreciation | +3.8% | Better: +5.1% |
| 5-year CAGR | +5.2% | Better: +5.8% |
| 10-year CAGR | +5.2% | Better: +5.4% |
| Rent & investment | ||
| Monthly rent | Better: $1,640 | $1,657 |
| Gross yield | Better: 4.0% | 4.0% |
| Cap rate | Better: 2.4% | 2.4% |
| Property tax | ||
| Effective tax rate | Better: 1.2% | 1.3% |
| Typical annual tax | Better: $5,827 | $6,575 |
| Demographics | ||
| Population | 15,960 | 24,713 |
| Median household income | $107,098 | Better: $124,630 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -3,230 | -3,230 |
| Schools | ||
| Public schools | 4 | 5 |
| Students enrolled | 2,033 | 2,410 |