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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 $97,114, lower than the Michigan average of $196,062.
The average cost of rent is $584/mo in 49847, primarily driven by the current value of real estate in the 49847 area. While nearly 56.07% of residents own their homes outright in 49847, 17.69% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49847 is $4,844 per month. Households that rent pay about 12.06% of their income on rent here. 49847's most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern parts of the zip.
Nearby Zip Codes
- 49874, MI: higher priced homes
- 49886, MI: higher priced homes
- 49863, MI: equally priced homes
- 49892, MI: higher priced homes
- 49852, MI: higher priced homes
- 49896, MI: higher priced homes
- 49873, MI: higher priced homes
- 49870, MI: equally priced homes
- 49807, MI: higher priced homes
- 49876, MI: equally 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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