ZIP comparison · Detroit-Warren-Dearborn, MI
48122 vs 48340
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 | ZIP48122Melvindale, MI | ZIP48340Pontiac, MI |
|---|---|---|
| Home value | ||
| Typical home value | Better: $141,352 | $141,215 |
| 1-year appreciation | +1.6% | Better: +4.0% |
| 5-year CAGR | Better: +5.5% | +5.3% |
| 10-year CAGR | +10.4% | Better: +11.4% |
| Rent & investment | ||
| Monthly rent | $1,084 | — |
| Gross yield | 9.2% | — |
| Cap rate | 5.5% | — |
| Property tax | ||
| Effective tax rate | 1.9% | Better: 0.9% |
| Typical annual tax | $2,668 | Better: $1,297 |
| Demographics | ||
| Population | 12,554 | 25,669 |
| Median household income | $42,185 | Better: $47,891 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -4,559 | Better: -3,230 |
| Schools | ||
| Public schools | 3 | 9 |
| Students enrolled | 1,795 | 3,145 |