ZIP comparison · Saginaw, MI
48623 vs 48626
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 | ZIP48623Freeland CDP, MI | ZIP48626Hemlock CDP, MI |
|---|---|---|
| Home value | ||
| Typical home value | Better: $294,886 | $247,846 |
| 1-year appreciation | Better: +7.9% | +5.4% |
| 5-year CAGR | Better: +7.3% | +6.2% |
| 10-year CAGR | Better: +6.9% | +6.8% |
| Rent & investment | ||
| Monthly rent | $1,850 | — |
| Gross yield | 7.5% | — |
| Cap rate | 4.5% | — |
| Property tax | ||
| Effective tax rate | Better: 1.2% | 1.3% |
| Typical annual tax | $3,600 | Better: $3,317 |
| Demographics | ||
| Population | 15,129 | 5,766 |
| Median household income | Better: $101,250 | $84,360 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Moderate |
| Net migration | -341 | -341 |
| Schools | ||
| Public schools | 4 | 5 |
| Students enrolled | 1,971 | 1,214 |