ZIP code 49242: income, home prices and cost of living

The median household income in ZIP 49242 is $56,803, which is 13% below the Michigan median of $65,331 and 17% below the national figure. The typical home is valued at $162,300, and the median rent is $761/month. 71.6% of households own their home.

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

Median household income

$56,803

Michigan average
$65,33113%
National
$68,75017%

Median home value

$162,300

Michigan average
$171,5005%
National
$209,60023%

Median gross rent

$761

Michigan average
$91617%
National
$98423%

Median age

39.1 yrs

Michigan average
42.6 yrs8%
National
41.0 yrs5%

Homeownership rate

71.6%

Michigan average
83.0%14%
National
75.8%6%

Bachelor's degree or higher

13.1%

Michigan average
14.6%10%
National
15.9%18%

How ZIP 49242 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

49240492474923649250492514923049228492244922149265

Or compare 49242 with 49240.

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What people search about ZIP 49242

Searches for the cost of living in 49242, the median household income in 49242, average rent in 49242 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 49242, 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.