ZIP comparison · Detroit-Warren-Dearborn, MI
48234 vs 48238
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 | ZIP48234Detroit, MI | ZIP48238Detroit, MI |
|---|---|---|
| Home value | ||
| Typical home value | Better: $54,528 | $53,661 |
| 1-year appreciation | Better: -7.7% | -8.6% |
| 5-year CAGR | Better: +2.6% | +0.8% |
| 10-year CAGR | Better: +8.8% | +8.4% |
| Rent & investment | ||
| Monthly rent | $1,199 | Better: $1,196 |
| Gross yield | 26.4% | Better: 26.8% |
| Cap rate | 15.8% | Better: 16.1% |
| Property tax | ||
| Effective tax rate | 1.6% | Better: 1.6% |
| Typical annual tax | $898 | Better: $858 |
| Demographics | ||
| Population | 32,760 | 24,731 |
| Median household income | Better: $35,322 | $33,315 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -4,559 | -4,559 |
| Schools | ||
| Public schools | 6 | 6 |
| Students enrolled | 2,938 | 2,725 |