ZIP comparison · Monroe, MI

48161 vs 48162

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.

MetricZIP48161Monroe, MIZIP48162Monroe, MI
Home value
Typical home value$204,378Better: $236,070
1-year appreciationBetter: +6.3%+6.3%
5-year CAGR+4.0%Better: +5.4%
10-year CAGR+4.2%Better: +6.0%
Rent & investment
Monthly rent$1,167
Gross yield6.9%
Cap rate4.1%
Property tax
Effective tax rateBetter: 1.0%1.2%
Typical annual taxBetter: $2,105$2,899
Demographics
Population26,30428,156
Median household income$67,414Better: $67,876
Climate & migration
Overall risk (FEMA NRI)Relatively ModerateRelatively Moderate
Net migration-23-23
Schools
Public schools96
Students enrolled3,6692,651