HousingHandbookReference data

U.S. ZIP Code · MI48048

Macomb County · Detroit-Warren-Dearborn, MI

Typical home value

$292,835[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.5%
5-year / yr
+5.2%
10-year / yr
+5.6%

Relative price

vs U.S.
+3.1%
vs metro
-3.2%
vs state
+22.5%
ZIP 48048 location in MI
Location of ZIP 48048 in MI

Price history

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

The typical home in 48048 is worth $292,835 — 3.2% below the Detroit-Warren-Dearborn, MI median. Over the past year, values have risen 2.5%. The effective property tax rate is 1.0%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
1.0%[3]
Typical annual tax
$2,926[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
11,349[3]
Median household income
$70,938[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
5
Elementary
1
Middle
0
High
3
  • Merritt Academy

    Other · Grades PK–12 · Merritt Academy

    561 students

  • New Haven Elementary School

    Elementary · Grades K–4 · New Haven Community Schools

    433 students

  • New Haven High School

    High · Grades 9–12 · New Haven Community Schools

    328 students

  • Lake Huron Virtual Hybrid High School

    High · Grades 6–12 · New Haven Community Schools

    90 students

  • Macomb Correctional Facility

    High · Grades 9–12 · Michigan Department of Corrections

    0 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 yield
Net yield (after ~40% expenses)
Annual rent

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$1,481
Loan principal$234,268
Down payment$58,567
Total interest paid$298,796

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 ratio
Monthly cost to own$1,969
Monthly rent

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
51st percentile[1]
Rental yield
[2]
Property tax
23rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 48048?
The typical home in 48048 is worth $292,835, based on the Zillow Home Value Index.
Are home values rising in 48048?
Home values in 48048 are up 2.5% over the past year, and up 5.2% a year over five years.
What is the property tax rate in 48048?
The effective property tax rate in 48048 is 1.0% — roughly $2,926 a year on a typical home.
Who lives in 48048?
ZIP code 48048 has a population of 11,349 and a median household income of $70,938.

#Comparable ZIPs

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

  • Lake Angelus, MI

    Typical home
    $292,692
    Gross yield
  • MI

    Typical home
    $293,219
    Gross yield
    5.4%
  • Sterling Heights, MI

    Typical home
    $294,588
    Gross yield
    7.0%
  • Clawson, MI

    Typical home
    $289,204
    Gross yield
    7.3%
  • Southfield, MI

    Typical home
    $297,521
    Gross yield
    7.2%
  • Ruby CDP, MI

    Typical home
    $287,371
    Gross yield

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

Compare ZIPs

Pit ZIP 48048 against any other ZIP — full side-by-side table.

Compare 48048

#Jump to section