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These days, finding an affordable place to live in the 49012 area can be challenging. Home prices in 49012 are now at a median cost of $349,359, higher than the Michigan average of $250,415.
The average cost of rent is $680/mo in 49012, primarily driven by the current value of real estate in the 49012 area. In 49012, 16.09% of households rent, and 40.36% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49012 is $8,895 per month. Households that rent pay about 7.65% of their income on rent here. 49012’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 49060, MI: higher priced homes
- 49083, MI: equally priced homes
- 49053, MI: less expensive homes
- 49037, MI: less expensive homes
- 49017, MI: less expensive homes
- 49034, MI: less expensive homes
- 49015, MI: less expensive homes
- 49048, MI: less expensive homes
- 49074, MI: less expensive homes
- 49050, MI: less expensive homes
Zip Codes with Similar Populations
- 76380, TX: less expensive homes
- 53108, WI: less expensive homes
- 44275, OH: less expensive homes
- 43450, OH: less expensive homes
- 72021, AR: less expensive homes
- 05055, VT: higher priced homes
- 04428, ME: less expensive homes
- 04015, ME: equally priced homes
- 03753, NH: equally priced homes
- 98524, WA: higher priced homes
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