ZIP comparison · Detroit-Warren-Dearborn, MI
48089 vs 48221
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 | ZIP48089Warren, MI | ZIP48221Detroit, MI |
|---|---|---|
| Home value | ||
| Typical home value | $131,032 | Better: $135,591 |
| 1-year appreciation | Better: +2.8% | -5.6% |
| 5-year CAGR | Better: +5.7% | +0.9% |
| 10-year CAGR | +10.2% | Better: +11.1% |
| Rent & investment | ||
| Monthly rent | Better: $1,320 | $1,372 |
| Gross yield | 12.1% | Better: 12.1% |
| Cap rate | 7.3% | Better: 7.3% |
| Property tax | ||
| Effective tax rate | 1.5% | Better: 1.4% |
| Typical annual tax | $1,913 | Better: $1,902 |
| Demographics | ||
| Population | 31,853 | 41,392 |
| Median household income | $52,366 | Better: $57,878 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | Better: -418 | -4,559 |
| Schools | ||
| Public schools | 11 | 9 |
| Students enrolled | 3,389 | 4,611 |