ZIP comparison · Bay City, MI
48706 vs 48708
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 | ZIP48706Bay City, MI | ZIP48708Bay City, MI |
|---|---|---|
| Home value | ||
| Typical home value | Better: $187,609 | $136,067 |
| 1-year appreciation | +6.7% | Better: +7.7% |
| 5-year CAGR | +7.5% | Better: +7.6% |
| 10-year CAGR | Better: +7.2% | +6.9% |
| Rent & investment | ||
| Monthly rent | $1,069 | Better: $960 |
| Gross yield | 6.8% | Better: 8.5% |
| Cap rate | 4.1% | Better: 5.1% |
| Property tax | ||
| Effective tax rate | Better: 1.3% | 1.5% |
| Typical annual tax | $2,402 | Better: $2,087 |
| Demographics | ||
| Population | 38,974 | 25,635 |
| Median household income | Better: $62,747 | $50,518 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Low | Relatively Low |
| Net migration | +64 | +64 |
| Schools | ||
| Public schools | 13 | 6 |
| Students enrolled | 4,817 | 2,579 |