ZIP comparison · Lansing-East Lansing, MI
48820 vs 48894
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 | ZIP48820DeWitt, MI | ZIP48894Westphalia, MI |
|---|---|---|
| Home value | ||
| Typical home value | Better: $363,987 | $340,734 |
| 1-year appreciation | +2.1% | Better: +5.1% |
| 5-year CAGR | +5.1% | Better: +6.3% |
| 10-year CAGR | +6.0% | Better: +7.3% |
| Rent & investment | ||
| Monthly rent | $2,133 | — |
| Gross yield | 7.0% | — |
| Cap rate | 4.2% | — |
| Property tax | ||
| Effective tax rate | 1.3% | Better: 1.0% |
| Typical annual tax | $4,705 | Better: $3,274 |
| Demographics | ||
| Population | 18,357 | 2,193 |
| Median household income | Better: $112,526 | $101,923 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Low | Relatively Low |
| Net migration | -62 | -62 |
| Schools | ||
| Public schools | 5 | 1 |
| Students enrolled | 3,129 | 477 |