ZIP comparison · Detroit-Warren-Dearborn, MI
48363 vs 48374
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 | ZIP48363MI | ZIP48374Novi, MI |
|---|---|---|
| Home value | ||
| Typical home value | Better: $696,417 | $681,280 |
| 1-year appreciation | Better: +4.2% | +3.3% |
| 5-year CAGR | Better: +6.3% | +5.6% |
| 10-year CAGR | Better: +5.4% | +4.5% |
| Rent & investment | ||
| Monthly rent | — | — |
| Gross yield | — | — |
| Cap rate | — | — |
| Property tax | ||
| Effective tax rate | Better: 1.0% | 1.4% |
| Typical annual tax | Better: $6,711 | $9,554 |
| Demographics | ||
| Population | 7,362 | 17,672 |
| Median household income | $179,375 | Better: $182,827 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -3,230 | -3,230 |
| Schools | ||
| Public schools | 2 | 6 |
| Students enrolled | 1,073 | 4,105 |