Michigan
Baraga County
ZIP 49861
8,249 residents10 permits TTM$55,117 median HHI6 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$124,400
ACS 5-Year
Cap rate proxy
5.4%
FMR × 0.65 ÷ Home Value
Rent-to-income
12.1%
HUD FMR ÷ ACS HHI
Net migration
+0.80%
IRS SOI
Permits (TTM)
10
Census BPS
Climate risk
10.7
FEMA NRI (0–100)
ZIP 49861
Median home value
$124,400
Gross yield
9.4%
Buy Box score
—
Section 8 gap
—
Affordability
P/I: 3.6R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown6 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Buy Box score ↓ | Section 8 gap |
|---|---|---|---|---|---|
| 49908 | $124,400 | $973 | 9.4% | 0.5 | — |
| 49946 | $124,400 | $973 | 9.4% | 0.5 | — |
| 49861 | $124,400 | $973 | 9.4% | — | — |
| 49919 | $124,400 | $973 | 9.4% | — | — |
| 49962 | $124,400 | $973 | 9.4% | — | — |
| 49970 | $124,400 | $973 | 9.4% | — | — |
Sort by any column. Click a ZIP for detail.
Demographics
Owner-occupied
77.0%
Census ACS
Vacancy rate
34.2%
Census ACS
Bachelor's degree +
16.1%
Census ACS
Rent burdened
24.1%
Census ACS (>30% income)
Median age
46.2
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026