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Twin Lake CDP, MI

ZIP 49457 — 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 49457

Median Home Value
$194,000
Median Rent
$764
Affordability Snapshot
$53,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,246/mo PITI).

12%
Rent-to-Income Ratio

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

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

21.2 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 49457 in Twin Lake CDP, MI, a household would need roughly $53,000 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 $1,246. That sits below the local median household income ($74,439), 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 12% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
91.9%+41% vs US avg
x
Vacancy Rate
12.0%+17% vs US avg
x
Broadband Access
87.0%+0% vs US avg
x
4+ Bedrooms
2.1%-86% vs US avg
x
Built Pre-1939
4.7%-63% vs US avg
x
Built Post-2014
0.3%-95% vs US avg
x
Rent Burden >30%
23.2%-53% vs US avg
x
Mortgage-Free
36.7%-4% vs US avg
x
$194,000
Home Value
$764
Rent
1991
Year Built
2008
Moved In

Residents have lived here since ~2008 on average

Housing Structure

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

  • 1-unit detached86.3%
  • 1-unit attached0.6%
  • 2-9 units0.6%
  • 10+ units0.3%
  • Mobile home & other12.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$194,000
Median rent$764
Owner-occupied91.9%
Vacant12.0%
Price-to-income2.6x
Est. income to buy$53,000