Alger County
ZIP 49816
Median home value
$165,700
ACS 5-Year
Cap rate proxy
5.2%
FMR × 0.65 ÷ Home Value
Rent-to-income
14.4%
HUD FMR ÷ ACS HHI
Net migration
+0.57%
IRS SOI
Permits (TTM)
32
Census BPS
Climate risk
9.6
FEMA NRI (0–100)
Median home value
$165,700
Gross yield
7.8%
Cap rate
5.2%
Rent gap
33.6%
Affordability
Section 8 detail
Numbers repeat across most ZIPs in this county
ZIP-level home-value data isn't published for rural areas. Federal sources (Census ACS, HUD non-metro FMR) are available at the county level only, so home-value, cap-rate, and rent-gap numbers use the county estimate for every ZIP in the county.
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 49806 | $165,700county est. | $1,072 | 7.8% | 5.2% | 33.6% |
| 49816 | $165,700county est. | $1,072 | 7.8% | 5.2% | 33.6% |
| 49822 | $165,700county est. | $1,072 | 7.8% | 5.2% | 33.6% |
| 49825 | $165,700county est. | $1,072 | 7.8% | 5.2% | 33.6% |
| 49826 | $165,700county est. | $1,072 | 7.8% | 5.2% | 33.6% |
Ranked by composite score
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Owner-occupied
84.3%
Census ACS
Vacancy rate
43.8%
Census ACS
Bachelor's degree +
20.3%
Census ACS
Rent burdened
32.8%
Census ACS (>30% income)
Median age
48.8
Census ACS