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These days, finding an affordable place to live in the 49024 area can be challenging. Home prices in 49024 are now at a median cost of $279,320, higher than the Michigan average of $250,415.
The average cost of rent is $1,255/mo in 49024, primarily driven by the current value of real estate in the 49024 area. In 49024, 30.97% of households rent, and 38.34% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49024 is $8,395 per month. Households that rent pay about 14.95% of their income on rent here. 49024’s most expensive areas are in the western regions, while the cheapest areas are in the eastern 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
- 49002, MI: less expensive homes
- 49008, MI: less expensive homes
- 49001, MI: less expensive homes
- 49009, MI: higher priced homes
- 49006, MI: less expensive homes
- 49007, MI: less expensive homes
- 49087, MI: higher priced homes
- 49048, MI: less expensive homes
- 49097, MI: equally priced homes
- 49074, MI: less expensive homes
Zip Codes with Similar Populations
- 06708, CT: less expensive homes
- 07110, NJ: higher priced homes
- 76049, TX: higher priced homes
- 43219, OH: less expensive homes
- 44133, OH: equally priced homes
- 52501, IA: less expensive homes
- 54880, WI: less expensive homes
- 60187, IL: higher priced homes
- 61107, IL: less expensive homes
- 66213, KS: higher priced homes
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