ZIP comparison · Detroit-Warren-Dearborn, MI
48204 vs 48213
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 | ZIP48204Detroit, MI | ZIP48213Detroit, MI |
|---|---|---|
| Home value | ||
| Typical home value | Better: $53,352 | $46,663 |
| 1-year appreciation | Better: -9.5% | -13.7% |
| 5-year CAGR | +2.7% | Better: +2.9% |
| 10-year CAGR | +8.2% | Better: +9.1% |
| Rent & investment | ||
| Monthly rent | Better: $1,101 | $1,164 |
| Gross yield | 24.8% | Better: 29.9% |
| Cap rate | 14.9% | Better: 18.0% |
| Property tax | ||
| Effective tax rate | 1.4% | Better: 1.4% |
| Typical annual tax | $753 | Better: $635 |
| Demographics | ||
| Population | 20,696 | 20,075 |
| Median household income | Better: $34,468 | $34,003 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -4,559 | -4,559 |
| Schools | ||
| Public schools | 6 | 6 |
| Students enrolled | 2,092 | 1,653 |