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Baldwin village, MI

ZIP 49304 — 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 49304

Median Home Value
$110,700
Median Rent
$565
Affordability Snapshot
$30,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$711/mo PITI).

17%
Rent-to-Income Ratio

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

2.8x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

16.3 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 49304 in Baldwin village, MI, a household would need roughly $30,000 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 $711. That sits below the local median household income ($39,567), 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 69% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
73.1%+12% vs US avg
x
Vacancy Rate
69.2%+572% vs US avg
x
Broadband Access
77.7%-11% vs US avg
x
4+ Bedrooms
1.1%-92% vs US avg
x
Built Pre-1939
6.6%-48% vs US avg
x
Built Post-2014
0.5%-92% vs US avg
x
Rent Burden >30%
28.4%-43% vs US avg
x
Mortgage-Free
53.0%+39% vs US avg
x
$110,700
Home Value
$565
Rent
1974
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 detached71.3%
  • 1-unit attached1.0%
  • 2-9 units1.9%
  • 10+ units0.8%
  • Mobile home & other25.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$110,700
Median rent$565
Owner-occupied73.1%
Vacant69.2%
Price-to-income2.8x
Est. income to buy$30,000