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These days, finding an affordable place to live in the 49961 area can be challenging. Home prices in 49961 are now at a median cost of $96,900, lower than the Michigan average of $196,062.
The average cost of rent is $725/mo in 49961, primarily driven by the current value of real estate in the 49961 area. While nearly 63.64% of residents own their homes outright in 49961, 5.71% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49961 is $3,977 per month. Households that rent pay about 18.23% of their income on rent here. 49961's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 49970, MI: higher priced homes
- 49919, MI: higher priced homes
- 49967, MI: equally priced homes
- 49912, MI: equally priced homes
- 49925, MI: equally priced homes
- 49861, MI: higher priced homes
- 49879, MI: less expensive homes
- 49814, MI: higher priced homes
- 49910, MI: higher priced homes
- 49947, MI: higher priced homes
Zip Codes with Similar Populations
- 58712, ND: equally priced homes
- 53599, WI: higher priced homes
- 54458, WI: higher priced homes
- 54980, WI: higher priced homes
- 55766, MN: higher priced homes
- 55772, MN: higher priced homes
- 57245, SD: higher priced homes
- 57420, SD: higher priced homes
- 57473, SD: equally priced homes
- 57537, SD: higher priced homes
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