ZIP comparison · Detroit-Warren-Dearborn, MI

48089 vs 48208

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.

MetricZIP48089Warren, MIZIP48208Detroit, MI
Home value
Typical home valueBetter: $131,032$131,031
1-year appreciationBetter: +2.8%-11.8%
5-year CAGRBetter: +5.7%-2.6%
10-year CAGRBetter: +10.2%+7.1%
Rent & investment
Monthly rentBetter: $1,320$1,388
Gross yield12.1%Better: 12.7%
Cap rate7.3%Better: 7.6%
Property tax
Effective tax rate1.5%Better: 0.9%
Typical annual tax$1,913Better: $1,234
Demographics
Population31,8538,037
Median household incomeBetter: $52,366$36,194
Climate & migration
Overall risk (FEMA NRI)Relatively HighRelatively High
Net migrationBetter: -418-4,559
Schools
Public schools116
Students enrolled3,3891,701