HousingHandbookReference data

U.S. ZIP Code · MI48314

Macomb County · Detroit-Warren-Dearborn, MI

Typical home value

$360,764[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.3%
5-year / yr
+5.8%
10-year / yr
+5.6%

Relative price

vs U.S.
+27.0%
vs metro
+19.2%
vs state
+50.9%
ZIP 48314 location in MI
Location of ZIP 48314 in MI

Price history

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

The typical home in 48314 is worth $360,764 — 19.2% above the Detroit-Warren-Dearborn, MI median. Over the past year, values have risen 3.3%. The effective property tax rate is 1.1%.

#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
1.1%[3]
Typical annual tax
$4,089[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
21,803[3]
Median household income
$85,889[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
3
Elementary
2
Middle
0
High
1
  • Burr Elementary School

    Elementary · Grades PK–6 · Utica Community Schools

    514 students

  • Dresden Elementary School

    Elementary · Grades PK–6 · Utica Community Schools

    423 students

  • UCS Alternative Learning Center

    High · Grades 9–12 · Utica Community Schools

    258 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$1,824
Loan principal$288,612
Down payment$72,153
Total interest paid$368,108

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$2,465
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
85th percentile[1]
Rental yield
[2]
Property tax
38th percentile[3]

Frequently asked

How much is a home worth in ZIP code 48314?
The typical home in 48314 is worth $360,764, based on the Zillow Home Value Index.
Are home values rising in 48314?
Home values in 48314 are up 3.3% over the past year, and up 5.8% a year over five years.
What is the property tax rate in 48314?
The effective property tax rate in 48314 is 1.1% — roughly $4,089 a year on a typical home.
Who lives in 48314?
ZIP code 48314 has a population of 21,803 and a median household income of $85,889.

#Comparable ZIPs

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

  • MI

    Typical home
    $360,246
    Gross yield
  • Troy, MI

    Typical home
    $361,816
    Gross yield
    5.8%
  • Almont, MI

    Typical home
    $359,283
    Gross yield
  • Farmington Hills, MI

    Typical home
    $359,090
    Gross yield
  • Village of Clarkston, MI

    Typical home
    $365,808
    Gross yield
    5.7%
  • Fenton, MI

    Typical home
    $367,457
    Gross yield
    4.7%

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