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, MI

ZIP 48632 — Housing & Real Estate

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

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 48632

Median Home Value
$130,300
Median Rent
$696
Affordability Snapshot
$36,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$837/mo PITI).

16%
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.

15.6 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 48632 in MI, a household would need roughly $36,000 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 $837. That sits below the local median household income ($51,740), 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

Vacancy rate 54% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
92.9%+42% vs US avg
x
Vacancy Rate
54.2%+427% vs US avg
x
Broadband Access
85.5%-2% vs US avg
x
4+ Bedrooms
1.3%-91% vs US avg
x
Built Pre-1939
5.7%-56% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
5.6%-89% vs US avg
x
Mortgage-Free
57.7%+51% vs US avg
x
$130,300
Home Value
$696
Rent
1984
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

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

  • 1-unit detached81.9%
  • 1-unit attached0.7%
  • 2-9 units0.5%
  • 10+ units0.0%
  • Mobile home & other16.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$130,300
Median rent$696
Owner-occupied92.9%
Vacant54.2%
Price-to-income2.5x
Est. income to buy$36,000