ZIP comparison · Detroit-Warren-Dearborn, MI
48097 vs 48220
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 | ZIP48097Yale, MI | ZIP48220Ferndale, MI |
|---|---|---|
| Home value | ||
| Typical home value | $248,574 | Better: $248,740 |
| 1-year appreciation | Better: +4.2% | -0.7% |
| 5-year CAGR | Better: +4.5% | +3.0% |
| 10-year CAGR | Better: +7.6% | +6.4% |
| Rent & investment | ||
| Monthly rent | — | $1,747 |
| Gross yield | — | 8.4% |
| Cap rate | — | 5.1% |
| Property tax | ||
| Effective tax rate | Better: 0.7% | 1.6% |
| Typical annual tax | Better: $1,859 | $4,063 |
| Demographics | ||
| Population | 5,418 | 21,527 |
| Median household income | $63,659 | Better: $89,881 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively High |
| Net migration | Better: +29 | -3,230 |
| Schools | ||
| Public schools | 4 | 8 |
| Students enrolled | 1,288 | 3,021 |