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These days, finding an affordable place to live in the 49002 area can be challenging. Home prices in 49002 are now at a median cost of $179,203, lower than the Michigan average of $196,062.
The average cost of rent is $950/mo in 49002, primarily driven by the current value of real estate in the 49002 area. While nearly 38.62% of residents own their homes outright in 49002, 30.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49002 is $5,566 per month. Households that rent pay about 17.07% of their income on rent here. 49002's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 49024, MI: higher priced homes
- 49001, MI: less expensive homes
- 49008, MI: equally priced homes
- 49088, MI: equally priced homes
- 49097, MI: higher priced homes
- 49007, MI: less expensive homes
- 49048, MI: less expensive homes
- 49006, MI: equally priced homes
- 49087, MI: higher priced homes
- 49009, MI: higher priced homes
Zip Codes with Similar Populations
- 74107, OK: less expensive homes
- 36207, AL: equally priced homes
- 36507, AL: less expensive homes
- 39213, MS: less expensive homes
- 44057, OH: less expensive homes
- 53190, WI: higher priced homes
- 61101, IL: less expensive homes
- 62220, IL: less expensive homes
- 62401, IL: equally priced homes
- 66203, KS: equally priced homes
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