ZIP comparison · Detroit-Warren-Dearborn, MI
48204 vs 48234
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 | ZIP48234Detroit, MI |
|---|---|---|
| Home value | ||
| Typical home value | $53,352 | Better: $54,528 |
| 1-year appreciation | -9.5% | Better: -7.7% |
| 5-year CAGR | Better: +2.7% | +2.6% |
| 10-year CAGR | +8.2% | Better: +8.8% |
| Rent & investment | ||
| Monthly rent | Better: $1,101 | $1,199 |
| Gross yield | 24.8% | Better: 26.4% |
| Cap rate | 14.9% | Better: 15.8% |
| Property tax | ||
| Effective tax rate | Better: 1.4% | 1.6% |
| Typical annual tax | Better: $753 | $898 |
| Demographics | ||
| Population | 20,696 | 32,760 |
| Median household income | $34,468 | Better: $35,322 |
| 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 | 2,938 |