ZIP comparison · Detroit-Warren-Dearborn, MI

48098 vs 48306

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.

MetricZIP48098Troy, MIZIP48306Rochester Hills, MI
Home value
Typical home value$589,688Better: $599,639
1-year appreciation+3.3%Better: +3.4%
5-year CAGRBetter: +6.2%+6.0%
10-year CAGRBetter: +5.2%+5.0%
Rent & investment
Monthly rentBetter: $2,028$2,051
Gross yieldBetter: 4.1%4.1%
Cap rateBetter: 2.5%2.5%
Property tax
Effective tax rate1.3%Better: 1.0%
Typical annual tax$7,838Better: $6,140
Demographics
Population20,93628,389
Median household incomeBetter: $164,759$163,684
Climate & migration
Overall risk (FEMA NRI)Relatively HighRelatively High
Net migration-3,230-3,230
Schools
Public schools58
Students enrolled3,2816,892