ZIP comparison · Detroit-Warren-Dearborn, MI
48146 vs 48240
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 | ZIP48146Lincoln Park, MI | ZIP48240Detroit, MI |
|---|---|---|
| Home value | ||
| Typical home value | $152,934 | Better: $155,335 |
| 1-year appreciation | Better: +2.2% | -0.1% |
| 5-year CAGR | Better: +5.6% | +5.3% |
| 10-year CAGR | +9.8% | Better: +10.1% |
| Rent & investment | ||
| Monthly rent | Better: $1,188 | $1,567 |
| Gross yield | 9.3% | Better: 12.1% |
| Cap rate | 5.6% | Better: 7.3% |
| Property tax | ||
| Effective tax rate | Better: 1.5% | 1.6% |
| Typical annual tax | Better: $2,364 | $2,509 |
| Demographics | ||
| Population | 39,257 | 17,008 |
| Median household income | $58,616 | Better: $60,390 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -4,559 | -4,559 |
| Schools | ||
| Public schools | 10 | 11 |
| Students enrolled | 4,749 | 2,961 |