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Benzonia village, MI

ZIP 49616 — 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 49616

Median Home Value
$204,100
Median Rent
$531
Affordability Snapshot
$56,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,311/mo PITI).

13%
Rent-to-Income Ratio

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

4.1x
Home Price-to-Income Ratio

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

32.0 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 49616 in Benzonia village, MI, a household would need roughly $56,000 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 $1,311. That is roughly in line with the local median household income ($49,224). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 17% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
91.1%+39% vs US avg
x
Vacancy Rate
17.3%+68% vs US avg
x
Broadband Access
89.8%+3% vs US avg
x
4+ Bedrooms
6.7%-55% vs US avg
x
Built Pre-1939
7.2%-44% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
16.1%-68% vs US avg
x
Mortgage-Free
48.2%+26% vs US avg
x
$204,100
Home Value
$531
Rent
1975
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 detached73.4%
  • 1-unit attached3.6%
  • 2-9 units4.1%
  • 10+ units1.2%
  • Mobile home & other17.7%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$204,100
Median rent$531
Owner-occupied91.1%
Vacant17.3%
Price-to-income4.1x
Est. income to buy$56,000