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Michigamme CDP, MI

ZIP 49814 — 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 49814

Median Home Value
$142,900
Median Rent
N/A
Affordability Snapshot
$39,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$918/mo PITI).

1.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

To comfortably buy a median-priced home in ZIP 49814 in Michigamme CDP, MI, a household would need roughly $39,000 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 $918. That sits below the local median household income ($76,464), 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 41% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
97.5%+49% vs US avg
x
Vacancy Rate
41.1%+299% vs US avg
x
Broadband Access
83.2%-4% vs US avg
x
4+ Bedrooms
3.3%-78% vs US avg
x
Built Pre-1939
5.1%-60% vs US avg
x
Built Post-2014
0.5%-92% vs US avg
x
Rent Burden >30%
0.0%
x
Mortgage-Free
50.2%+31% vs US avg
x
$142,900
Home Value
N/A
Rent
1968
Year Built
2006
Moved In

Residents have lived here since ~2006 on average

Housing Structure

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

  • 1-unit detached91.6%
  • 1-unit attached0.0%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other8.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$142,900
Median rent$-666,666,666
Owner-occupied97.5%
Vacant41.1%
Price-to-income1.9x
Est. income to buy$39,000