ZIP comparison · Saginaw, MI
48603 vs 48609
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 | ZIP48603Freeland CDP, MI | ZIP48609Shields CDP, MI |
|---|---|---|
| Home value | ||
| Typical home value | Better: $226,542 | $216,468 |
| 1-year appreciation | Better: +6.2% | +4.2% |
| 5-year CAGR | Better: +7.2% | +6.2% |
| 10-year CAGR | Better: +6.8% | +6.5% |
| Rent & investment | ||
| Monthly rent | $1,117 | — |
| Gross yield | 5.9% | — |
| Cap rate | 3.5% | — |
| Property tax | ||
| Effective tax rate | 1.4% | Better: 1.3% |
| Typical annual tax | $3,077 | Better: $2,776 |
| Demographics | ||
| Population | 27,757 | 11,966 |
| Median household income | $66,352 | Better: $78,218 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Moderate |
| Net migration | -341 | -341 |
| Schools | ||
| Public schools | 6 | 6 |
| Students enrolled | 2,480 | 1,780 |