ZIP comparison · Lansing-East Lansing, MI
48864 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 | ZIP48864Okemos CDP, MI | ZIP48894Westphalia, MI |
|---|---|---|
| Home value | ||
| Typical home value | Better: $396,212 | $340,734 |
| 1-year appreciation | +1.8% | Better: +5.1% |
| 5-year CAGR | +5.1% | Better: +6.3% |
| 10-year CAGR | +5.9% | Better: +7.3% |
| Rent & investment | ||
| Monthly rent | $1,849 | — |
| Gross yield | 5.6% | — |
| Cap rate | 3.4% | — |
| Property tax | ||
| Effective tax rate | 1.9% | Better: 1.0% |
| Typical annual tax | $7,417 | Better: $3,274 |
| Demographics | ||
| Population | 23,901 | 2,193 |
| Median household income | Better: $121,103 | $101,923 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Moderate | Relatively Low |
| Net migration | -616 | Better: -62 |
| Schools | ||
| Public schools | 8 | 1 |
| Students enrolled | 6,276 | 477 |