ZIP comparison · Detroit-Warren-Dearborn, MI
48134 vs 48390
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 | ZIP48134Flat Rock, MI | ZIP48390Walled Lake, MI |
|---|---|---|
| Home value | ||
| Typical home value | $312,158 | Better: $314,001 |
| 1-year appreciation | Better: +5.1% | +2.2% |
| 5-year CAGR | Better: +4.7% | +4.7% |
| 10-year CAGR | +5.4% | Better: +5.5% |
| Rent & investment | ||
| Monthly rent | Better: $1,363 | $2,036 |
| Gross yield | 5.2% | Better: 7.8% |
| Cap rate | 3.1% | Better: 4.7% |
| Property tax | ||
| Effective tax rate | 1.6% | Better: 1.1% |
| Typical annual tax | $4,970 | Better: $3,511 |
| Demographics | ||
| Population | 23,935 | 23,939 |
| Median household income | Better: $92,076 | $91,381 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -4,559 | Better: -3,230 |
| Schools | ||
| Public schools | 11 | 8 |
| Students enrolled | 3,561 | 4,087 |