How much is a home worth in ZIP code 48092?

The typical home in 48092 is worth $244,837, based on the Zillow Home Value Index.

Are home values rising in 48092?

Home values in 48092 are down 0.2% over the past year, and up 5.2% a year over five years.

What is the typical rent in 48092?

A typical home in 48092 rents for about $1,701 a month, a gross rental yield of 8.3%.

What is the property tax rate in 48092?

The effective property tax rate in 48092 is 1.5% — roughly $3,591 a year on a typical home.

ZIP code 48092 has a population of 27,374 and a median household income of $73,808.

HousingHandbookReference data

…

U.S. ZIP Code · MI48092

Macomb County · Detroit-Warren-Dearborn, MI

Typical home value

$244,837^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.2%
5-year / yr: +5.2%
10-year / yr: +7.0%

Relative price

vs U.S.: -13.8%
vs metro: -19.1%
vs state: +2.4%

Price history

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

The typical home in 48092 is worth $244,837 — 19.1% below the Detroit-Warren-Dearborn, MI median. Over the past year, values have fallen 0.2%. Homes here rent for a typical $1,701 a month — a 8.3% 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: $1,701^[2]
Gross yield: 8.3%^[2]
Cap rate: 5.0%^[2]

#Property tax

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

Effective tax rate: 1.5%^[3]
Typical annual tax: $3,591^[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: 27,374^[3]
Median household income: $73,808^[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: 8
Elementary: 2
Middle: 2
High: 3

Warren Mott High School
High · Grades 9–12 · Warren Consolidated Schools
1,343 students
Beer Middle School
Middle · Grades 6–8 · Warren Consolidated Schools
705 students
Michigan Mathematics and Science Academy Dequindre
Other · Grades K–12 · Michigan Mathematics and Science Academy
626 students
Lean Elementary School
Elementary · Grades PK–5 · Warren Consolidated Schools
624 students
Michigan Collegiate MiddleHigh School
High · Grades 6–12 · Michigan Collegiate
566 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 yield8.3%

Net yield (after ~40% expenses)5.0%

Annual rent$20,408

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$1,238

Loan principal$195,869

Down payment$48,967

Total interest paid$249,821

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 ratio1.02

Monthly cost to own$1,742

Monthly rent$1,701

Owning and renting are roughly even.

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: 49th percentile^[1]
Rental yield: 65th percentile^[2]
Property tax: 73rd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 48092?: The typical home in 48092 is worth $244,837, based on the Zillow Home Value Index.
Are home values rising in 48092?: Home values in 48092 are down 0.2% over the past year, and up 5.2% a year over five years.
What is the typical rent in 48092?: A typical home in 48092 rents for about $1,701 a month, a gross rental yield of 8.3%.
What is the property tax rate in 48092?: The effective property tax rate in 48092 is 1.5% — roughly $3,591 a year on a typical home.
Who lives in 48092?: ZIP code 48092 has a population of 27,374 and a median household income of $73,808.

#Comparable ZIPs

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

48440 vs 48092 →
MI
Typical home
$243,898
Gross yield
—
48088 vs 48092 →
Warren, MI
Typical home
$243,445
Gross yield
9.4%
48081
St. Clair Shores, MI
Typical home
$242,205
Gross yield
7.7%
48193
Riverview, MI
Typical home
$247,480
Gross yield
5.9%
48097
Yale, MI
Typical home
$248,574
Gross yield
—
48220
Ferndale, MI
Typical home
$248,740
Gross yield
8.4%

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Pit ZIP 48092 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · MI48092

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