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Fair Plain CDP, MI

ZIP 49022 — 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 49022

Median Home Value
$140,500
Median Rent
$597
Affordability Snapshot
$39,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$903/mo PITI).

18%
Rent-to-Income Ratio

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

3.5x
Home Price-to-Income Ratio

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

19.6 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 49022 in Fair Plain CDP, MI, a household would need roughly $39,000 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 $903. That is roughly in line with the local median household income ($39,859). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
58.4%-11% vs US avg
x
Vacancy Rate
12.5%+22% vs US avg
x
Broadband Access
83.5%-4% vs US avg
x
4+ Bedrooms
4.0%-73% vs US avg
x
Built Pre-1939
8.7%-32% vs US avg
x
Built Post-2014
0.4%-94% vs US avg
x
Rent Burden >30%
32.9%-34% vs US avg
x
Mortgage-Free
42.6%+12% vs US avg
x
$140,500
Home Value
$597
Rent
1960
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

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

  • 1-unit detached73.2%
  • 1-unit attached2.8%
  • 2-9 units12.5%
  • 10+ units8.1%
  • Mobile home & other3.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$140,500
Median rent$597
Owner-occupied58.4%
Vacant12.5%
Price-to-income3.5x
Est. income to buy$39,000