HousingHandbookReference data

U.S. ZIP Code · MI48072

Oakland County · Detroit-Warren-Dearborn, MI

Typical home value

$317,510[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.1%
5-year / yr
+3.8%
10-year / yr
+5.6%

Relative price

vs U.S.
+11.8%
vs metro
+4.9%
vs state
+32.8%
ZIP 48072 location in MI
Location of ZIP 48072 in MI

Price history

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

The typical home in 48072 is worth $317,510 — 4.9% above the Detroit-Warren-Dearborn, MI median. Over the past year, values have risen 2.1%. Homes here rent for a typical $1,773 a month — a 6.7% 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
$1,773[2]
Gross yield
6.7%[2]
Cap rate
4.0%[2]

#Property tax

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

Effective tax rate
1.3%[3]
Typical annual tax
$4,083[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
15,149[3]
Median household income
$116,239[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
5
Elementary
3
Middle
1
High
1
  • Berkley High School

    High · Grades 7–12 · Berkley School District

    1,193 students

  • Anderson Middle School

    Middle · Grades 4–8 · Berkley School District

    463 students

  • Angell Elementary School

    Elementary · Grades K–5 · Berkley School District

    391 students

  • Rogers Elementary School

    Elementary · Grades PK–5 · Berkley School District

    357 students

  • Pattengill Elementary School

    Elementary · Grades PK–5 · Berkley School District

    292 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 yield6.7%
Net yield (after ~40% expenses)4.0%
Annual rent$21,270

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$1,606
Loan principal$254,008
Down payment$63,502
Total interest paid$323,973

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 ratio1.25
Monthly cost to own$2,211
Monthly rent$1,773

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
16th percentile[1]
Rental yield
44th percentile[2]
Property tax
55th percentile[3]

Frequently asked

How much is a home worth in ZIP code 48072?
The typical home in 48072 is worth $317,510, based on the Zillow Home Value Index.
Are home values rising in 48072?
Home values in 48072 are up 2.1% over the past year, and up 3.8% a year over five years.
What is the typical rent in 48072?
A typical home in 48072 rents for about $1,773 a month, a gross rental yield of 6.7%.
What is the property tax rate in 48072?
The effective property tax rate in 48072 is 1.3% — roughly $4,083 a year on a typical home.
Who lives in 48072?
ZIP code 48072 has a population of 15,149 and a median household income of $116,239.

#Comparable ZIPs

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

  • Detroit, MI

    Typical home
    $317,406
    Gross yield
    7.0%
  • MI

    Typical home
    $318,199
    Gross yield
  • St. Clair, MI

    Typical home
    $316,790
    Gross yield
  • MI

    Typical home
    $316,059
    Gross yield
  • Sterling Heights, MI

    Typical home
    $320,492
    Gross yield
    6.0%
  • Walled Lake, MI

    Typical home
    $314,001
    Gross yield
    7.8%

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