HousingHandbookReference data

U.S. ZIP Code · MI48509

Genesee County · Flint, MI

Typical home value

$182,115[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+6.7%
5-year / yr
+5.7%
10-year / yr
+9.0%

Relative price

vs U.S.
-35.9%
vs metro
-2.5%
vs state
-23.8%
ZIP 48509 location in MI
Location of ZIP 48509 in MI

Price history

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

The typical home in 48509 is worth $182,115 — 2.5% below the Flint, MI median. Over the past year, values have risen 6.7%. The effective property tax rate is 1.6%.

#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
1.6%[3]
Typical annual tax
$2,915[3]

#Climate risk

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

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
No Rating
Heat wave
Relatively Moderate
Hurricane
Very Low
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively Low

#Who lives here

Population
8,645[3]
Median household income
$64,160[3]

#Migration

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

Net migration
+14[5]
Moved in
7,983
Moved out
7,969

Schools

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

Public schools
6
Elementary
2
Middle
1
High
3
  • Weston Elementary School

    Elementary · Grades PK–1 · Kearsley Community School District

    451 students

  • Barhitte Elementary School

    Elementary · Grades PK–5 · Bentley Community School District

    317 students

  • Bentley Senior High School

    High · Grades 9–12 · Bentley Community School District

    235 students

  • Flex High Burton

    High · Grades 9–12 · Flex High School of Michigan

    178 students

  • Bentley Middle School

    Middle · Grades 6–8 · Bentley Community School District

    149 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$921
Loan principal$145,692
Down payment$36,423
Total interest paid$185,822

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$1,315
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
80th percentile[1]
Rental yield
[2]
Property tax
89th percentile[3]

Frequently asked

How much is a home worth in ZIP code 48509?
The typical home in 48509 is worth $182,115, based on the Zillow Home Value Index.
Are home values rising in 48509?
Home values in 48509 are up 6.7% over the past year, and up 5.7% a year over five years.
What is the property tax rate in 48509?
The effective property tax rate in 48509 is 1.6% — roughly $2,915 a year on a typical home.
Who lives in 48509?
ZIP code 48509 has a population of 8,645 and a median household income of $64,160.

#Comparable ZIPs

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

  • Burton, MI

    Typical home
    $186,853
    Gross yield
  • Flint, MI

    Typical home
    $165,942
    Gross yield
    7.4%
  • Burt CDP, MI

    Typical home
    $208,266
    Gross yield
  • MI

    Typical home
    $152,778
    Gross yield
  • Clio, MI

    Typical home
    $218,864
    Gross yield
  • Flushing, MI

    Typical home
    $240,081
    Gross yield

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