HousingHandbookReference data

U.S. ZIP Code · MI48450

Sanilac County

Typical home value

$238,850[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+4.5%
5-year / yr
+5.2%
10-year / yr
+7.0%

Relative price

vs U.S.
-15.9%
vs metro
vs state
≈ state median
ZIP 48450 location in MI
Location of ZIP 48450 in MI

Price history

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

The typical home in 48450 is worth $238,850. Over the past year, values have risen 4.5%. The effective property tax rate is 0.9%.

#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
0.9%[3]
Typical annual tax
$2,093[3]

#Climate risk

FEMA National Risk Index ratings for Sanilac County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Very Low
Wildfire
Very Low
Drought
No Rating
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively Low
Earthquake
Very Low
Winter weather
Relatively High

#Who lives here

Population
4,320[3]
Median household income
$52,962[3]

#Migration

Household moves in and out of Sanilac County over a year, from IRS tax-return data.

Net migration
-10[5]
Moved in
892
Moved out
902

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
1
Elementary
1
Middle
0
High
0
  • Meyer Elementary School

    Elementary · Grades PK–4 · Croswell-Lexington Community Schools

    289 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$1,208
Loan principal$191,080
Down payment$47,770
Total interest paid$243,712

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$1,582
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
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 48450?
The typical home in 48450 is worth $238,850, based on the Zillow Home Value Index.
Are home values rising in 48450?
Home values in 48450 are up 4.5% over the past year, and up 5.2% a year over five years.
What is the property tax rate in 48450?
The effective property tax rate in 48450 is 0.9% — roughly $2,093 a year on a typical home.
Who lives in 48450?
ZIP code 48450 has a population of 4,320 and a median household income of $52,962.

Compare ZIPs

Pit ZIP 48450 against any other ZIP — full side-by-side table.

Compare 48450

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