ZIP comparison · Detroit-Warren-Dearborn, MI
48307 vs 48316
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 | ZIP48307Rochester Hills, MI | ZIP48316MI |
|---|---|---|
| Home value | ||
| Typical home value | $418,596 | Better: $420,544 |
| 1-year appreciation | Better: +3.6% | +3.0% |
| 5-year CAGR | Better: +5.8% | +5.5% |
| 10-year CAGR | Better: +5.8% | +5.5% |
| Rent & investment | ||
| Monthly rent | Better: $1,624 | $1,774 |
| Gross yield | 4.7% | Better: 5.1% |
| Cap rate | 2.8% | Better: 3.0% |
| Property tax | ||
| Effective tax rate | 1.2% | Better: 1.1% |
| Typical annual tax | $4,842 | Better: $4,456 |
| Demographics | ||
| Population | 44,714 | 28,784 |
| Median household income | $106,576 | Better: $107,776 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -3,230 | Better: -418 |
| Schools | ||
| Public schools | 9 | 8 |
| Students enrolled | 4,968 | 6,602 |