ZIP comparison · Detroit-Warren-Dearborn, MI

48116 vs 48371

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.

MetricZIP48116Brighton, MIZIP48371Oxford, MI
Home value
Typical home value$412,876Better: $414,771
1-year appreciation+2.7%Better: +4.2%
5-year CAGR+5.1%Better: +5.4%
10-year CAGRBetter: +5.8%+5.8%
Rent & investment
Monthly rent$2,542Better: $1,287
Gross yieldBetter: 7.4%3.7%
Cap rateBetter: 4.4%2.2%
Property tax
Effective tax rateBetter: 1.1%1.2%
Typical annual taxBetter: $4,494$5,080
Demographics
Population27,28925,972
Median household income$106,763Better: $111,239
Climate & migration
Overall risk (FEMA NRI)Relatively LowRelatively High
Net migrationBetter: -16-3,230
Schools
Public schools99
Students enrolled5,3895,428