ZIP comparison · Detroit-Warren-Dearborn, MI
48116 vs 48188
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 | ZIP48116Brighton, MI | ZIP48188MI |
|---|---|---|
| Home value | ||
| Typical home value | Better: $412,876 | $412,676 |
| 1-year appreciation | Better: +2.7% | +1.8% |
| 5-year CAGR | +5.1% | Better: +5.4% |
| 10-year CAGR | Better: +5.8% | +5.3% |
| Rent & investment | ||
| Monthly rent | $2,542 | Better: $1,841 |
| Gross yield | Better: 7.4% | 5.4% |
| Cap rate | Better: 4.4% | 3.2% |
| Property tax | ||
| Effective tax rate | Better: 1.1% | 1.4% |
| Typical annual tax | Better: $4,494 | $5,658 |
| Demographics | ||
| Population | 27,289 | 45,665 |
| Median household income | $106,763 | Better: $122,781 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Low | Relatively High |
| Net migration | Better: -16 | -4,559 |
| Schools | ||
| Public schools | 9 | 6 |
| Students enrolled | 5,389 | 3,169 |