ZIP code 49047: income, home prices and cost of living

The median household income in ZIP 49047 is $54,415, which is 17% below the Michigan median of $65,331 and 21% below the national figure. The typical home is valued at $156,200, and the median rent is $762/month. 72.7% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$54,415

Michigan average
$65,33117%
National
$68,75021%

Median home value

$156,200

Michigan average
$171,5009%
National
$209,60025%

Median gross rent

$762

Michigan average
$91617%
National
$98423%

Median age

41.5 yrs

Michigan average
42.6 yrs3%
National
41.0 yrs1%

Homeownership rate

72.7%

Michigan average
83.0%12%
National
75.8%4%

Bachelor's degree or higher

14.5%

Michigan average
14.6%
National
15.9%9%

How ZIP 49047 compares with Michigan and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

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Nearby ZIP codes in Michigan

49046490484904549053490554903849037490574903649058

Or compare 49047 with 49046.

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What people search about ZIP 49047

Searches for the cost of living in 49047, the median household income in 49047, average rent in 49047 and home values in this part of Michigan all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

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Methodology

Figures describe ZIP Code Tabulation Area 49047, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.