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Augusta village, MI

ZIP 49012 — Housing & Real Estate

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

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 49012

Median Home Value
$248,000
Median Rent
$633
Affordability Snapshot
$68,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,593/mo PITI).

10%
Rent-to-Income Ratio

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

3.2x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

32.6 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 49012 in Augusta village, MI, a household would need roughly $68,000 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 $1,593. That sits below the local median household income ($78,365), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
85.9%+31% vs US avg
x
Vacancy Rate
6.2%-40% vs US avg
x
Broadband Access
90.6%+4% vs US avg
x
4+ Bedrooms
3.4%-77% vs US avg
x
Built Pre-1939
11.5%-10% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
7.9%-84% vs US avg
x
Mortgage-Free
47.1%+23% vs US avg
x
$248,000
Home Value
$633
Rent
1971
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 detached91.1%
  • 1-unit attached0.9%
  • 2-9 units7.1%
  • 10+ units0.6%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$248,000
Median rent$633
Owner-occupied85.9%
Vacant6.2%
Price-to-income3.2x
Est. income to buy$68,000