HousingHandbookReference data

U.S. ZIP Code · MI48035

Macomb County · Detroit-Warren-Dearborn, MI

Typical home value

$224,706[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.3%
5-year / yr
+5.4%
10-year / yr
+8.0%

Relative price

vs U.S.
-20.9%
vs metro
-25.8%
vs state
-6.0%
ZIP 48035 location in MI
Location of ZIP 48035 in MI

Price history

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

The typical home in 48035 is worth $224,706 — 25.8% below the Detroit-Warren-Dearborn, MI median. Over the past year, values have risen 4.3%. Homes here rent for a typical $1,198 a month — a 6.4% gross rental yield. The effective property tax rate is 1.5%.

#Rent & investment

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

Monthly rent
$1,198[2]
Gross yield
6.4%[2]
Cap rate
3.8%[2]

#Property tax

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

Effective tax rate
1.5%[3]
Typical annual tax
$3,365[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
33,569[3]
Median household income
$73,015[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
11
Elementary
6
Middle
2
High
1
  • Salk Elementary School

    Elementary · Grades PK–6 · Fraser Public Schools

    465 students

  • Huron Academy Grades 38

    Middle · Grades 3–8 · Huron Academy

    402 students

  • Clintondale High School

    High · Grades 9–12 · Clintondale Community Schools

    388 students

  • Walt Disney Elementary School

    Elementary · Grades K–6 · Fraser Public Schools

    368 students

  • Tenniswood Elementary School

    Elementary · Grades K–5 · L'Anse Creuse Public Schools

    344 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.

Gross yield6.4%
Net yield (after ~40% expenses)3.8%
Annual rent$14,376

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.

Monthly payment$1,136
Loan principal$179,765
Down payment$44,941
Total interest paid$229,281

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.

Own : rent ratio1.34
Monthly cost to own$1,604
Monthly rent$1,198

Renting 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
67th percentile[1]
Rental yield
37th percentile[2]
Property tax
76th percentile[3]

Frequently asked

How much is a home worth in ZIP code 48035?
The typical home in 48035 is worth $224,706, based on the Zillow Home Value Index.
Are home values rising in 48035?
Home values in 48035 are up 4.3% over the past year, and up 5.4% a year over five years.
What is the typical rent in 48035?
A typical home in 48035 rents for about $1,198 a month, a gross rental yield of 6.4%.
What is the property tax rate in 48035?
The effective property tax rate in 48035 is 1.5% — roughly $3,365 a year on a typical home.
Who lives in 48035?
ZIP code 48035 has a population of 33,569 and a median household income of $73,015.

#Comparable ZIPs

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

  • Warren, MI

    Typical home
    $224,107
    Gross yield
    6.9%
  • Marine City, MI

    Typical home
    $223,661
    Gross yield
  • Westland, MI

    Typical home
    $226,317
    Gross yield
    6.9%
  • St. Clair Shores, MI

    Typical home
    $222,069
    Gross yield
    8.5%
  • Madison Heights, MI

    Typical home
    $221,916
    Gross yield
    8.4%
  • Southfield, MI

    Typical home
    $228,194
    Gross yield
    7.8%

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

Compare ZIPs

Pit ZIP 48035 against any other ZIP — full side-by-side table.

Compare 48035

#Jump to section