How much is a home worth in ZIP code 48093?

The typical home in 48093 is worth $224,107, based on the Zillow Home Value Index.

Are home values rising in 48093?

Home values in 48093 are up 2.1% over the past year, and up 5.2% a year over five years.

What is the typical rent in 48093?

A typical home in 48093 rents for about $1,296 a month, a gross rental yield of 6.9%.

What is the property tax rate in 48093?

The effective property tax rate in 48093 is 1.5% — roughly $3,294 a year on a typical home.

ZIP code 48093 has a population of 25,014 and a median household income of $68,218.

HousingHandbookReference data

…

U.S. ZIP Code · MI48093

Macomb County · Detroit-Warren-Dearborn, MI

Typical home value

$224,107^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.1%
5-year / yr: +5.2%
10-year / yr: +7.3%

Relative price

vs U.S.: -21.1%
vs metro: -26.0%
vs state: -6.3%

Price history

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

The typical home in 48093 is worth $224,107 — 26.0% below the Detroit-Warren-Dearborn, MI median. Over the past year, values have risen 2.1%. Homes here rent for a typical $1,296 a month — a 6.9% 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: $1,296^[2]
Gross yield: 6.9%^[2]
Cap rate: 4.2%^[2]

#Property tax

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

Effective tax rate: 1.5%^[3]
Typical annual tax: $3,294^[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: 25,014^[3]
Median household income: $68,218^[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: 5
Middle: 2
High: 1

Cousino Senior High School
High · Grades 9–12 · Warren Consolidated Schools
1,253 students
Carter Middle School
Middle · Grades 6–8 · Warren Consolidated Schools
686 students
Cromie Elementary School
Elementary · Grades PK–5 · Warren Consolidated Schools
603 students
Westwood Elementary School
Elementary · Grades K–5 · Warren Woods Public Schools
530 students
Wilkerson Elementary School
Elementary · Grades PK–5 · Warren Consolidated Schools
468 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 yield6.9%

Net yield (after ~40% expenses)4.2%

Annual rent$15,553

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$1,133

Loan principal$179,286

Down payment$44,821

Total interest paid$228,669

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 ratio1.23

Monthly cost to own$1,594

Monthly rent$1,296

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: 48th percentile^[1]
Rental yield: 46th percentile^[2]
Property tax: 74th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 48093?: The typical home in 48093 is worth $224,107, based on the Zillow Home Value Index.
Are home values rising in 48093?: Home values in 48093 are up 2.1% over the past year, and up 5.2% a year over five years.
What is the typical rent in 48093?: A typical home in 48093 rents for about $1,296 a month, a gross rental yield of 6.9%.
What is the property tax rate in 48093?: The effective property tax rate in 48093 is 1.5% — roughly $3,294 a year on a typical home.
Who lives in 48093?: ZIP code 48093 has a population of 25,014 and a median household income of $68,218.

#Comparable ZIPs

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

48039 vs 48093 →
Marine City, MI
Typical home
$223,661
Gross yield
—
48035 vs 48093 →
St. Clair Shores, MI
Typical home
$224,706
Gross yield
6.4%
48080
St. Clair Shores, MI
Typical home
$222,069
Gross yield
8.5%
48071
Madison Heights, MI
Typical home
$221,916
Gross yield
8.4%
48185
Westland, MI
Typical home
$226,317
Gross yield
6.9%
48033
Southfield, MI
Typical home
$228,194
Gross yield
7.8%

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Pit ZIP 48093 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · MI48093

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