ZIP comparison · Detroit-Warren-Dearborn, MI

48307 vs 48322

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.

MetricZIP48307Rochester Hills, MIZIP48322Farmington Hills, MI
Home value
Typical home valueBetter: $418,596$418,042
1-year appreciationBetter: +3.6%+1.8%
5-year CAGRBetter: +5.8%+4.4%
10-year CAGRBetter: +5.8%+5.1%
Rent & investment
Monthly rentBetter: $1,624$2,103
Gross yield4.7%Better: 6.0%
Cap rate2.8%Better: 3.6%
Property tax
Effective tax rateBetter: 1.2%1.2%
Typical annual tax$4,842$4,842
Demographics
Population44,71432,885
Median household income$106,576Better: $113,865
Climate & migration
Overall risk (FEMA NRI)Relatively HighRelatively High
Net migration-3,230-3,230
Schools
Public schools93
Students enrolled4,968994