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These days, finding an affordable place to live in the 49962 area can be challenging. Home prices in 49962 are now at a median cost of $133,000, lower than the Michigan average of $196,062.
The average cost of rent is $819/mo in 49962, primarily driven by the current value of real estate in the 49962 area. While nearly 69.11% of residents own their homes outright in 49962, 8.80% rent.
Housing affordability isn’t just about home prices, though. The average household income in 49962 is $3,729 per month. Households that rent pay about 21.96% of their income on rent here. 49962's most expensive areas are in the western regions, while the cheapest areas are in the southwestern parts of the zip.
Nearby Zip Codes
- 49946, MI: less expensive homes
- 49908, MI: less expensive homes
- 49808, MI: equally priced homes
- 49958, MI: equally priced homes
- 49952, MI: less expensive homes
- 49965, MI: equally priced homes
- 49948, MI: less expensive homes
- 49929, MI: less expensive homes
- 49960, MI: less expensive homes
- 49953, MI: less expensive homes
Zip Codes with Similar Populations
- 50861, IA: equally priced homes
- 46063, IN: less expensive homes
- 97730, OR: higher priced homes
- 48728, MI: less expensive homes
- 97625, OR: higher priced homes
- 97480, OR: higher priced homes
- 96774, HI: higher priced homes
- 50439, IA: less expensive homes
- 50556, IA: less expensive homes
- 50860, IA: higher priced homes
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