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These days, finding an affordable place to live in the 49055 area can be challenging. Home prices in 49055 are now at a median cost of $143,938, lower than the Michigan average of $196,062.
The average cost of rent is $880/mo in 49055, primarily driven by the current value of real estate in the 49055 area. While nearly 39.61% of residents own their homes outright in 49055, 18.03% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49055 is $4,948 per month. Households that rent pay about 17.79% of their income on rent here. 49055's most expensive areas are in the northern regions, while the cheapest areas are in the southern parts of the zip.
Nearby Zip Codes
- 49026, MI: equally priced homes
- 49079, MI: higher priced homes
- 49078, MI: equally priced homes
- 49056, MI: less expensive homes
- 49071, MI: higher priced homes
- 49027, MI: less expensive homes
- 49009, MI: higher priced homes
- 49006, MI: higher priced homes
- 49013, MI: less expensive homes
- 49450, MI: less expensive homes
Zip Codes with Similar Populations
- 84741, UT: higher priced homes
- 12972, NY: equally priced homes
- 13073, NY: higher priced homes
- 22821, VA: higher priced homes
- 22973, VA: higher priced homes
- 24277, VA: less expensive homes
- 75457, TX: higher priced homes
- 76259, TX: higher priced homes
- 80547, CO: higher priced homes
- 81621, CO: higher priced homes
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