ZIP comparison · Traverse City, MI

49690 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.

MetricZIP49690MIZIP49696MI
Home value
Typical home valueBetter: $473,525$439,746
1-year appreciationBetter: +3.4%+3.2%
5-year CAGRBetter: +7.5%+7.2%
10-year CAGRBetter: +8.1%+8.0%
Rent & investment
Monthly rent
Gross yield
Cap rate
Property tax
Effective tax rateBetter: 0.7%0.8%
Typical annual taxBetter: $3,464$3,578
Demographics
Population6,65710,477
Median household incomeBetter: $108,712$94,803
Climate & migration
Overall risk (FEMA NRI)Relatively LowRelatively Low
Net migration+139+139
Schools
Public schools14
Students enrolled2481,541