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North Branch village, MI

ZIP 48461 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48461

Median Home Value
$193,300
Median Rent
$743
Affordability Snapshot
$53,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,242/mo PITI).

12%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.5x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

21.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 48461 in North Branch village, MI, a household would need roughly $53,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,242. That sits below the local median household income ($76,597), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
87.7%+34% vs US avg
x
Vacancy Rate
3.6%-65% vs US avg
x
Broadband Access
84.1%-3% vs US avg
x
4+ Bedrooms
4.6%-69% vs US avg
x
Built Pre-1939
6.2%-52% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
23.1%-54% vs US avg
x
Mortgage-Free
31.9%-16% vs US avg
x
$193,300
Home Value
$743
Rent
1979
Year Built
2007
Moved In

Residents have lived here since ~2007 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached84.6%
  • 1-unit attached0.0%
  • 2-9 units3.7%
  • 10+ units2.8%
  • Mobile home & other8.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$193,300
Median rent$743
Owner-occupied87.7%
Vacant3.6%
Price-to-income2.5x
Est. income to buy$53,000