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Reading city, MI

ZIP 49274 — 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 49274

Median Home Value
$160,800
Median Rent
$513
Affordability Snapshot
$44,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,033/mo PITI).

11%
Rent-to-Income Ratio

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

2.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

26.1 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 49274 in Reading city, MI, a household would need roughly $44,000 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 $1,033. That sits below the local median household income ($56,125), 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 25% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
81.5%+25% vs US avg
x
Vacancy Rate
25.2%+145% vs US avg
x
Broadband Access
78.3%-10% vs US avg
x
4+ Bedrooms
3.2%-79% vs US avg
x
Built Pre-1939
9.1%-29% vs US avg
x
Built Post-2014
1.4%-79% vs US avg
x
Rent Burden >30%
14.4%-71% vs US avg
x
Mortgage-Free
52.0%+36% vs US avg
x
$160,800
Home Value
$513
Rent
1973
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 detached84.9%
  • 1-unit attached0.4%
  • 2-9 units2.6%
  • 10+ units0.9%
  • Mobile home & other11.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$160,800
Median rent$513
Owner-occupied81.5%
Vacant25.2%
Price-to-income2.9x
Est. income to buy$44,000