How much is a home worth in ZIP code 48043?

The typical home in 48043 is worth $178,471, based on the Zillow Home Value Index.

Are home values rising in 48043?

Home values in 48043 are up 3.4% over the past year, and up 4.9% a year over five years.

What is the typical rent in 48043?

A typical home in 48043 rents for about $1,132 a month, a gross rental yield of 7.6%.

What is the property tax rate in 48043?

The effective property tax rate in 48043 is 1.3% — roughly $2,368 a year on a typical home.

ZIP code 48043 has a population of 15,429 and a median household income of $52,161.

HousingHandbookReference data

…

U.S. ZIP Code · MI48043

Macomb County · Detroit-Warren-Dearborn, MI

Typical home value

$178,471^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.4%
5-year / yr: +4.9%
10-year / yr: +8.3%

Relative price

vs U.S.: -37.2%
vs metro: -41.0%
vs state: -25.4%

Price history

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

The typical home in 48043 is worth $178,471 — 41.0% below the Detroit-Warren-Dearborn, MI median. Over the past year, values have risen 3.4%. Homes here rent for a typical $1,132 a month — a 7.6% gross rental yield. The effective property tax rate is 1.3%.

#Rent & investment

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

Monthly rent: $1,132^[2]
Gross yield: 7.6%^[2]
Cap rate: 4.6%^[2]

#Property tax

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

Effective tax rate: 1.3%^[3]
Typical annual tax: $2,368^[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: 15,429^[3]
Median household income: $52,161^[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: 7
Elementary: 4
Middle: 1
High: 1

Prevail Academy
Elementary · Grades K–8 · Prevail Academy
571 students
Seminole Academy
Elementary · Grades PK–5 · Mount Clemens Community School District
391 students
Clinton Valley Elementary School
Elementary · Grades PK–5 · Chippewa Valley Schools
315 students
Mt Clemens Montessori Academy
Elementary · Grades PK–5 · Mt. Clemens Montessori Academy
257 students
Mount Clemens High School
High · Grades 9–12 · Mount Clemens Community School District
221 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 yield7.6%

Net yield (after ~40% expenses)4.6%

Annual rent$13,583

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$902

Loan principal$142,777

Down payment$35,694

Total interest paid$182,104

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 ratio1.10

Monthly cost to own$1,249

Monthly rent$1,132

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: 37th percentile^[1]
Rental yield: 59th percentile^[2]
Property tax: 59th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 48043?: The typical home in 48043 is worth $178,471, based on the Zillow Home Value Index.
Are home values rising in 48043?: Home values in 48043 are up 3.4% over the past year, and up 4.9% a year over five years.
What is the typical rent in 48043?: A typical home in 48043 rents for about $1,132 a month, a gross rental yield of 7.6%.
What is the property tax rate in 48043?: The effective property tax rate in 48043 is 1.3% — roughly $2,368 a year on a typical home.
Who lives in 48043?: ZIP code 48043 has a population of 15,429 and a median household income of $52,161.

#Comparable ZIPs

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

48202 vs 48043 →
Detroit, MI
Typical home
$178,276
Gross yield
9.6%
48180 vs 48043 →
Taylor, MI
Typical home
$177,981
Gross yield
9.4%
48239
Detroit, MI
Typical home
$176,437
Gross yield
10.8%
48184
Wayne, MI
Typical home
$174,631
Gross yield
8.3%
48060
Port Huron, MI
Typical home
$172,604
Gross yield
7.4%
48066
Roseville, MI
Typical home
$172,245
Gross yield
9.2%

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#Jump to section

U.S. ZIP Code · MI48043

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