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These days, finding an affordable place to live in the 49623 area can be challenging. Home prices in 49623 are now at a median cost of $163,733, lower than the Michigan average of $250,415.
The average cost of rent is $1,093/mo in 49623, primarily driven by the current value of real estate in the 49623 area. In 49623, 13.73% of households rent, and 52.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49623 is $4,590 per month. Households that rent pay about 23.80% of their income on rent here. 49623’s most expensive areas are in the central regions, while the cheapest areas are in the southwestern 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
- 49677, MI: equally priced homes
- 49642, MI: less expensive homes
- 49338, MI: equally priced homes
- 49304, MI: less expensive homes
- 49639, MI: equally priced homes
- 49309, MI: less expensive homes
- 49631, MI: less expensive homes
- 49402, MI: equally priced homes
- 49320, MI: higher priced homes
- 49458, MI: less expensive homes
Zip Codes with Similar Populations
- 47577, IN: higher priced homes
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- 27947, NC: higher priced homes
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- 97324, OR: higher priced homes
- 96051, CA: higher priced homes
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- 92321, CA: higher priced homes
- 87007, NM: less expensive homes
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