ZIP comparison · Traverse City, MI
49650 vs 49686
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 | ZIP49650Hardwood Acres CDP, MI | ZIP49686Traverse City, MI |
|---|---|---|
| Home value | ||
| Typical home value | Better: $406,850 | $400,013 |
| 1-year appreciation | Better: +1.5% | +1.4% |
| 5-year CAGR | Better: +8.1% | +6.7% |
| 10-year CAGR | Better: +8.2% | +7.6% |
| Rent & investment | ||
| Monthly rent | — | $1,971 |
| Gross yield | — | 5.9% |
| Cap rate | — | 3.5% |
| Property tax | ||
| Effective tax rate | Better: 0.8% | 0.8% |
| Typical annual tax | Better: $3,250 | $3,297 |
| Demographics | ||
| Population | 3,411 | 25,492 |
| Median household income | Better: $87,500 | $71,609 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Very Low | Relatively Low |
| Net migration | +93 | Better: +139 |
| Schools | ||
| Public schools | — | 10 |
| Students enrolled | — | 3,372 |