ZIP comparison · Detroit-Warren-Dearborn, MI
48201 vs 48322
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 | ZIP48201Detroit, MI | ZIP48322Farmington Hills, MI |
|---|---|---|
| Home value | ||
| Typical home value | Better: $418,805 | $418,042 |
| 1-year appreciation | -5.6% | Better: +1.8% |
| 5-year CAGR | -0.7% | Better: +4.4% |
| 10-year CAGR | +4.4% | Better: +5.1% |
| Rent & investment | ||
| Monthly rent | Better: $1,493 | $2,103 |
| Gross yield | 4.3% | Better: 6.0% |
| Cap rate | 2.6% | Better: 3.6% |
| Property tax | ||
| Effective tax rate | Better: 0.9% | 1.2% |
| Typical annual tax | Better: $3,907 | $4,842 |
| Demographics | ||
| Population | 15,091 | 32,885 |
| Median household income | $24,749 | Better: $113,865 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -4,559 | Better: -3,230 |
| Schools | ||
| Public schools | 5 | 3 |
| Students enrolled | 3,698 | 994 |