How much is a home worth in ZIP code 48030?

The typical home in 48030 is worth $158,915, based on the Zillow Home Value Index.

Are home values rising in 48030?

Home values in 48030 are down 5.5% over the past year, and up 2.5% a year over five years.

What is the typical rent in 48030?

A typical home in 48030 rents for about $1,522 a month, a gross rental yield of 11.5%.

What is the property tax rate in 48030?

The effective property tax rate in 48030 is 1.6% — roughly $2,501 a year on a typical home.

ZIP code 48030 has a population of 14,963 and a median household income of $67,073.

HousingHandbookReference data

…

U.S. ZIP Code · MI48030

Oakland County · Detroit-Warren-Dearborn, MI

Typical home value

$158,915^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -5.5%
5-year / yr: +2.5%
10-year / yr: +11.1%

Relative price

vs U.S.: -44.1%
vs metro: -47.5%
vs state: -33.5%

Price history

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

The typical home in 48030 is worth $158,915 — 47.5% below the Detroit-Warren-Dearborn, MI median. Over the past year, values have fallen 5.5%. Homes here rent for a typical $1,522 a month — a 11.5% gross rental yield. The effective property tax rate is 1.6%.

#Rent & investment

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

Monthly rent: $1,522^[2]
Gross yield: 11.5%^[2]
Cap rate: 6.9%^[2]

#Property tax

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

Effective tax rate: 1.6%^[3]
Typical annual tax: $2,501^[3]

#Climate risk

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

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: No Rating
Heat wave: Relatively High
Hurricane: Very Low
Tornado: Very High
Earthquake: Relatively Low
Winter weather: Relatively High

#Who lives here

Population: 14,963^[3]
Median household income: $67,073^[3]

#Migration

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

Net migration: -3,230^[5]
Moved in: 30,811
Moved out: 34,041

Schools

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

Public schools: 9
Elementary: 2
Middle: 1
High: 4

Michigan Virtual Charter Academy
Other · Grades PK–12 · Michigan Virtual Charter Academy
2,921 students
Hazel Park High School
High · Grades 9–12 · Hazel Park School District of the City of
557 students
Hazel Park Junior High School
Middle · Grades 6–8 · Hazel Park School District of the City of
434 students
United Oaks Elementary School
Elementary · Grades K–5 · Hazel Park School District of the City of
335 students
Michigan Cyber Academy
High · Grades 9–12 · Hazel Park School District of the City of
332 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 yield11.5%

Net yield (after ~40% expenses)6.9%

Annual rent$18,265

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$804

Loan principal$127,132

Down payment$31,783

Total interest paid$162,150

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 ratio0.75

Monthly cost to own$1,144

Monthly rent$1,522

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: 9th percentile^[1]
Rental yield: 82nd percentile^[2]
Property tax: 82nd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 48030?: The typical home in 48030 is worth $158,915, based on the Zillow Home Value Index.
Are home values rising in 48030?: Home values in 48030 are down 5.5% over the past year, and up 2.5% a year over five years.
What is the typical rent in 48030?: A typical home in 48030 rents for about $1,522 a month, a gross rental yield of 11.5%.
What is the property tax rate in 48030?: The effective property tax rate in 48030 is 1.6% — roughly $2,501 a year on a typical home.
Who lives in 48030?: ZIP code 48030 has a population of 14,963 and a median household income of $67,073.

#Comparable ZIPs

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

48091 vs 48030 →
Warren, MI
Typical home
$158,249
Gross yield
10.3%
48240 vs 48030 →
Detroit, MI
Typical home
$155,335
Gross yield
12.1%
48021
Eastpointe, MI
Typical home
$154,597
Gross yield
10.9%
48125
Dearborn Heights, MI
Typical home
$163,959
Gross yield
11.3%
48146
Lincoln Park, MI
Typical home
$152,934
Gross yield
9.3%
48225
Harper Woods, MI
Typical home
$152,670
Gross yield
10.8%

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Pit ZIP 48030 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · MI48030

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