ZIP comparison · Detroit-Warren-Dearborn, MI
48377 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 | ZIP48377Novi, MI | ZIP48843Howell, MI |
|---|---|---|
| Home value | ||
| Typical home value | $383,101 | Better: $383,878 |
| 1-year appreciation | +2.8% | Better: +3.6% |
| 5-year CAGR | +4.1% | Better: +4.9% |
| 10-year CAGR | +4.2% | Better: +5.8% |
| Rent & investment | ||
| Monthly rent | Better: $1,856 | $2,031 |
| Gross yield | 5.8% | Better: 6.3% |
| Cap rate | 3.5% | Better: 3.8% |
| Property tax | ||
| Effective tax rate | 1.2% | Better: 0.9% |
| Typical annual tax | $4,551 | Better: $3,489 |
| Demographics | ||
| Population | 19,816 | 48,014 |
| Median household income | $83,104 | Better: $94,577 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively Low |
| Net migration | -3,230 | Better: -16 |
| Schools | ||
| Public schools | 2 | 14 |
| Students enrolled | 1,097 | 7,143 |