US5.com
  1. Home
  2. States
  3. Michigan
  4. ZIP 49847
  5. Housing & Real Estate
Hermansville CDP, MI

ZIP 49847 — 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 49847

Median Home Value
$116,700
Median Rent
$459
Affordability Snapshot
$32,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$750/mo PITI).

9%
Rent-to-Income Ratio

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

1.8x
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 49847 in Hermansville CDP, MI, a household would need roughly $32,000 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 $750. That sits below the local median household income ($63,472), 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 14% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
80.0%+22% vs US avg
x
Vacancy Rate
14.4%+40% vs US avg
x
Broadband Access
90.3%+4% vs US avg
x
4+ Bedrooms
1.6%-89% vs US avg
x
Built Pre-1939
9.2%-28% vs US avg
x
Built Post-2014
0.9%-87% vs US avg
x
Rent Burden >30%
2.1%-96% vs US avg
x
Mortgage-Free
58.7%+54% vs US avg
x
$116,700
Home Value
$459
Rent
1973
Year Built
2005
Moved In

Residents have lived here since ~2005 on average

Housing Structure

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

  • 1-unit detached76.6%
  • 1-unit attached1.1%
  • 2-9 units5.0%
  • 10+ units9.0%
  • Mobile home & other8.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$116,700
Median rent$459
Owner-occupied80.0%
Vacant14.4%
Price-to-income1.8x
Est. income to buy$32,000