ZIP comparison · Saginaw, MI
48623 vs 48734
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 | ZIP48734Frankenmuth, MI |
|---|---|---|
| Home value | ||
| Typical home value | $294,886 | Better: $320,978 |
| 1-year appreciation | Better: +7.9% | +3.9% |
| 5-year CAGR | Better: +7.3% | +5.3% |
| 10-year CAGR | +6.9% | Better: +6.9% |
| Rent & investment | ||
| Monthly rent | $1,850 | — |
| Gross yield | 7.5% | — |
| Cap rate | 4.5% | — |
| Property tax | ||
| Effective tax rate | 1.2% | Better: 1.2% |
| Typical annual tax | Better: $3,600 | $3,823 |
| Demographics | ||
| Population | 15,129 | 7,746 |
| Median household income | Better: $101,250 | $91,032 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Moderate |
| Net migration | -341 | -341 |
| Schools | ||
| Public schools | 4 | 3 |
| Students enrolled | 1,971 | 1,366 |