ZIP comparison · Detroit-Warren-Dearborn, MI
48362 vs 48843
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 | ZIP48362Lake Orion, MI | ZIP48843Howell, MI |
|---|---|---|
| Home value | ||
| Typical home value | Better: $384,725 | $383,878 |
| 1-year appreciation | Better: +4.1% | +3.6% |
| 5-year CAGR | Better: +5.3% | +4.9% |
| 10-year CAGR | Better: +5.9% | +5.8% |
| Rent & investment | ||
| Monthly rent | $2,550 | Better: $2,031 |
| Gross yield | Better: 8.0% | 6.3% |
| Cap rate | Better: 4.8% | 3.8% |
| Property tax | ||
| Effective tax rate | 1.2% | Better: 0.9% |
| Typical annual tax | $4,630 | Better: $3,489 |
| Demographics | ||
| Population | 14,966 | 48,014 |
| Median household income | Better: $115,230 | $94,577 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively Low |
| Net migration | -3,230 | Better: -16 |
| Schools | ||
| Public schools | 4 | 14 |
| Students enrolled | 1,515 | 7,143 |