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ZIP 49005 — Housing & Real Estate

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

Working Class

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 49005

Median Home Value
$233,300
Median Rent
$941
Affordability Snapshot
$64,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,499/mo PITI).

25%
Rent-to-Income Ratio

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

5.1x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

20.7 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 49005, a household would need roughly $64,000 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 $1,499. That is about 40% above the local median household income ($45,614), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
10.6%-84% vs US avg
x
Vacancy Rate
7.1%-31% vs US avg
x
Broadband Access
87.4%+1% vs US avg
x
4+ Bedrooms
3.8%-74% vs US avg
x
Built Pre-1939
9.9%-23% vs US avg
x
Built Post-2014
2.8%-59% vs US avg
x
Rent Burden >30%
25.5%-49% vs US avg
x
Mortgage-Free
66.9%+75% vs US avg
x
$233,300
Home Value
$941
Rent
1942
Year Built
2020
Moved In

Residents have lived here since ~2020 on average

Housing Structure

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

  • 1-unit detached15.5%
  • 1-unit attached1.4%
  • 2-9 units41.5%
  • 10+ units41.6%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$233,300
Median rent$941
Owner-occupied10.6%
Vacant7.1%
Price-to-income5.1x
Est. income to buy$64,000