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Morenci city, MI

ZIP 49256 — 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 49256

Median Home Value
$112,800
Median Rent
$622
Affordability Snapshot
$31,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$725/mo PITI).

12%
Rent-to-Income Ratio

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

1.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

15.1 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 49256 in Morenci city, MI, a household would need roughly $31,000 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 $725. That sits below the local median household income ($60,982), 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
79.7%+22% vs US avg
x
Vacancy Rate
9.4%-8% vs US avg
x
Broadband Access
85.8%-1% vs US avg
x
4+ Bedrooms
3.0%-80% vs US avg
x
Built Pre-1939
8.6%-33% vs US avg
x
Built Post-2014
0.4%-95% vs US avg
x
Rent Burden >30%
6.8%-86% vs US avg
x
Mortgage-Free
42.2%+10% vs US avg
x
$112,800
Home Value
$622
Rent
1951
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 detached86.9%
  • 1-unit attached0.5%
  • 2-9 units6.8%
  • 10+ units3.7%
  • Mobile home & other2.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$112,800
Median rent$622
Owner-occupied79.7%
Vacant9.4%
Price-to-income1.8x
Est. income to buy$31,000