ZIP comparison · Detroit-Warren-Dearborn, MI

48227 vs 48228

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.

MetricZIP48227Detroit, MIZIP48228Detroit, MI
Home value
Typical home value$68,707Better: $69,494
1-year appreciation+2.8%Better: +5.5%
5-year CAGR+4.4%Better: +6.4%
10-year CAGR+10.4%Better: +11.4%
Rent & investment
Monthly rent$1,267Better: $1,137
Gross yieldBetter: 22.1%19.6%
Cap rateBetter: 13.3%11.8%
Property tax
Effective tax rate1.7%Better: 1.7%
Typical annual taxBetter: $1,150$1,152
Demographics
Population40,30250,117
Median household incomeBetter: $36,527$30,680
Climate & migration
Overall risk (FEMA NRI)Relatively HighRelatively High
Net migration-4,559-4,559
Schools
Public schools513
Students enrolled2,1744,763