ZIP comparison · Detroit-Warren-Dearborn, MI
48192 vs 48216
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 | ZIP48192Wyandotte, MI | ZIP48216Detroit, MI |
|---|---|---|
| Home value | ||
| Typical home value | $189,594 | Better: $193,844 |
| 1-year appreciation | Better: +1.5% | -4.3% |
| 5-year CAGR | Better: +4.7% | -1.8% |
| 10-year CAGR | +7.3% | Better: +8.0% |
| Rent & investment | ||
| Monthly rent | Better: $1,194 | $1,709 |
| Gross yield | 7.6% | Better: 10.6% |
| Cap rate | 4.5% | Better: 6.3% |
| Property tax | ||
| Effective tax rate | 1.8% | Better: 0.5% |
| Typical annual tax | $3,366 | Better: $1,006 |
| Demographics | ||
| Population | 24,489 | 5,865 |
| Median household income | Better: $71,987 | $44,335 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -4,559 | -4,559 |
| Schools | ||
| Public schools | 9 | 3 |
| Students enrolled | 4,208 | 792 |