How much is a home worth in ZIP code 48021?

The typical home in 48021 is worth $154,597, based on the Zillow Home Value Index.

Are home values rising in 48021?

Home values in 48021 are up 4.6% over the past year, and up 5.5% a year over five years.

What is the typical rent in 48021?

A typical home in 48021 rents for about $1,410 a month, a gross rental yield of 10.9%.

What is the property tax rate in 48021?

The effective property tax rate in 48021 is 1.4% — roughly $2,239 a year on a typical home.

ZIP code 48021 has a population of 33,982 and a median household income of $62,325.

HousingHandbookReference data

…

U.S. ZIP Code · MI48021

Macomb County · Detroit-Warren-Dearborn, MI

Typical home value

$154,597^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +4.6%
5-year / yr: +5.5%
10-year / yr: +9.8%

Relative price

vs U.S.: -45.6%
vs metro: -48.9%
vs state: -35.3%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 48021 is worth $154,597 — 48.9% below the Detroit-Warren-Dearborn, MI median. Over the past year, values have risen 4.6%. Homes here rent for a typical $1,410 a month — a 10.9% gross rental yield. The effective property tax rate is 1.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,410^[2]
Gross yield: 10.9%^[2]
Cap rate: 6.6%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.4%^[3]
Typical annual tax: $2,239^[3]

#Climate risk

FEMA National Risk Index ratings for Macomb County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Relatively Low
Wildfire: Very Low
Drought: No Rating
Heat wave: Relatively Moderate
Hurricane: Very Low
Tornado: Very High
Earthquake: Relatively Low
Winter weather: Relatively High

#Who lives here

Population: 33,982^[3]
Median household income: $62,325^[3]

#Migration

Household moves in and out of Macomb County over a year, from IRS tax-return data.

Net migration: -418^[5]
Moved in: 18,118
Moved out: 18,536

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 9
Elementary: 5
Middle: 1
High: 3

Eastpointe High School
High · Grades 9–12 · Eastpointe Community Schools
551 students
Eastpointe Middle School
Middle · Grades 6–8 · Eastpointe Community Schools
444 students
Eaton Academy
Elementary · Grades K–8 · Eaton Academy
321 students
Forest Park Elementary School
Elementary · Grades K–2 · Eastpointe Community Schools
319 students
Pleasantview Elementary School
Elementary · Grades 3–5 · Eastpointe Community Schools
265 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield10.9%

Net yield (after ~40% expenses)6.6%

Annual rent$16,917

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$782

Loan principal$123,677

Down payment$30,919

Total interest paid$157,744

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.78

Monthly cost to own$1,097

Monthly rent$1,410

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 72nd percentile^[1]
Rental yield: 80th percentile^[2]
Property tax: 70th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 48021?: The typical home in 48021 is worth $154,597, based on the Zillow Home Value Index.
Are home values rising in 48021?: Home values in 48021 are up 4.6% over the past year, and up 5.5% a year over five years.
What is the typical rent in 48021?: A typical home in 48021 rents for about $1,410 a month, a gross rental yield of 10.9%.
What is the property tax rate in 48021?: The effective property tax rate in 48021 is 1.4% — roughly $2,239 a year on a typical home.
Who lives in 48021?: ZIP code 48021 has a population of 33,982 and a median household income of $62,325.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

48240 vs 48021 →
Detroit, MI
Typical home
$155,335
Gross yield
12.1%
48146 vs 48021 →
Lincoln Park, MI
Typical home
$152,934
Gross yield
9.3%
48225
Harper Woods, MI
Typical home
$152,670
Gross yield
10.8%
48341
Pontiac, MI
Typical home
$151,967
Gross yield
—
48091
Warren, MI
Typical home
$158,249
Gross yield
10.3%
48030
Hazel Park, MI
Typical home
$158,915
Gross yield
11.5%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 48021 against any other ZIP — full side-by-side table.

Compare 48021 →

#Jump to section

U.S. ZIP Code · MI48021

Get more data on ZIPs like this

Get more data on ZIPs like this