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These days, finding an affordable place to live in the 49847 area can be challenging. Home prices in 49847 are now at a median cost of $124,988, lower than the Michigan average of $250,415.
The average cost of rent is $480/mo in 49847, primarily driven by the current value of real estate in the 49847 area. In 49847, 17.77% of households rent, and 53.20% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 49847 is $5,781 per month. Households that rent pay about 8.31% of their income on rent here. 49847’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central 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
- 49874, MI: higher priced homes
- 49886, MI: higher priced homes
- 49863, MI: higher priced homes
- 49892, MI: higher priced homes
- 49852, MI: higher priced homes
- 49896, MI: higher priced homes
- 49873, MI: higher priced homes
- 49870, MI: higher priced homes
- 49807, MI: higher priced homes
- 49876, MI: higher priced homes
Zip Codes with Similar Populations
- 03854, NH: higher priced homes
- 15331, PA: less expensive homes
- 05654, VT: higher priced homes
- 08019, NJ: higher priced homes
- 12409, NY: higher priced homes
- 41519, KY: less expensive homes
- 13682, NY: higher priced homes
- 13788, NY: higher priced homes
- 63339, MO: higher priced homes
- 68865, NE: higher priced homes
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