ZIP comparison · Traverse City, MI
49685 vs 49696
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 | ZIP49685Chums Corner CDP, MI | ZIP49696MI |
|---|---|---|
| Home value | ||
| Typical home value | $431,273 | Better: $439,746 |
| 1-year appreciation | +3.1% | Better: +3.2% |
| 5-year CAGR | Better: +7.3% | +7.2% |
| 10-year CAGR | +7.8% | Better: +8.0% |
| Rent & investment | ||
| Monthly rent | $1,843 | — |
| Gross yield | 5.1% | — |
| Cap rate | 3.1% | — |
| Property tax | ||
| Effective tax rate | 0.9% | Better: 0.8% |
| Typical annual tax | $3,747 | Better: $3,578 |
| Demographics | ||
| Population | 21,308 | 10,477 |
| Median household income | $84,590 | Better: $94,803 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively Low | Relatively Low |
| Net migration | +139 | +139 |
| Schools | ||
| Public schools | 5 | 4 |
| Students enrolled | 2,673 | 1,541 |