ZIP comparison · Detroit-Warren-Dearborn, MI

48206 vs 48209

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.

MetricZIP48206Detroit, MIZIP48209Detroit, MI
Home value
Typical home valueBetter: $89,916$89,818
1-year appreciation-14.2%Better: -0.4%
5-year CAGRBetter: -0.4%-1.7%
10-year CAGR+6.4%Better: +8.4%
Rent & investment
Monthly rent$1,273Better: $1,004
Gross yieldBetter: 17.0%13.4%
Cap rateBetter: 10.2%8.0%
Property tax
Effective tax rateBetter: 0.9%1.3%
Typical annual taxBetter: $793$1,156
Demographics
Population15,22727,184
Median household incomeBetter: $45,046$43,161
Climate & migration
Overall risk (FEMA NRI)Relatively HighRelatively High
Net migration-4,559-4,559
Schools
Public schools312
Students enrolled1,4877,031