ZIP comparison · Ann Arbor, MI
48108 vs 48118
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 | ZIP48108Ann Arbor, MI | ZIP48118Chelsea, MI |
|---|---|---|
| Home value | ||
| Typical home value | Better: $445,650 | $412,378 |
| 1-year appreciation | Better: +2.4% | +2.0% |
| 5-year CAGR | Better: +5.3% | +1.4% |
| 10-year CAGR | Better: +5.4% | +3.1% |
| Rent & investment | ||
| Monthly rent | $2,063 | — |
| Gross yield | 5.6% | — |
| Cap rate | 3.3% | — |
| Property tax | ||
| Effective tax rate | 1.5% | Better: 1.4% |
| Typical annual tax | $6,552 | Better: $5,626 |
| Demographics | ||
| Population | 27,666 | 13,246 |
| Median household income | Better: $89,355 | $88,278 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Moderate |
| Net migration | -2,091 | -2,091 |
| Schools | ||
| Public schools | 7 | 4 |
| Students enrolled | 1,970 | 2,256 |