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Menominee city, MI

ZIP 49858 — 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 49858

Median Home Value
$127,100
Median Rent
$626
Affordability Snapshot
$35,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$816/mo PITI).

14%
Rent-to-Income Ratio

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

2.4x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

16.9 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 49858 in Menominee city, MI, a household would need roughly $35,000 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 $816. That sits below the local median household income ($52,813), 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 16% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
75.2%+15% vs US avg
x
Vacancy Rate
15.6%+52% vs US avg
x
Broadband Access
83.1%-4% vs US avg
x
4+ Bedrooms
2.3%-84% vs US avg
x
Built Pre-1939
9.1%-29% vs US avg
x
Built Post-2014
0.1%-98% vs US avg
x
Rent Burden >30%
24.2%-51% vs US avg
x
Mortgage-Free
51.5%+35% vs US avg
x
$127,100
Home Value
$626
Rent
1961
Year Built
2010
Moved In

Residents have lived here since ~2010 on average

Housing Structure

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

  • 1-unit detached74.2%
  • 1-unit attached2.0%
  • 2-9 units10.6%
  • 10+ units7.3%
  • Mobile home & other6.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$127,100
Median rent$626
Owner-occupied75.2%
Vacant15.6%
Price-to-income2.4x
Est. income to buy$35,000