ZIP comparison · Detroit-Warren-Dearborn, MI
48331 vs 48382
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 | ZIP48331Farmington Hills, MI | ZIP48382MI |
|---|---|---|
| Home value | ||
| Typical home value | $462,524 | Better: $463,309 |
| 1-year appreciation | +2.3% | Better: +3.9% |
| 5-year CAGR | +5.2% | Better: +5.3% |
| 10-year CAGR | +5.3% | Better: +5.4% |
| Rent & investment | ||
| Monthly rent | $1,746 | — |
| Gross yield | 4.5% | — |
| Cap rate | 2.7% | — |
| Property tax | ||
| Effective tax rate | 1.6% | Better: 1.1% |
| Typical annual tax | $7,203 | Better: $4,908 |
| Demographics | ||
| Population | 21,562 | 24,479 |
| Median household income | $127,633 | Better: $137,768 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -3,230 | -3,230 |
| Schools | ||
| Public schools | 1 | 5 |
| Students enrolled | 384 | 3,929 |