Baraga County
ZIP 49962
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)
Median home value
$124,400
Gross yield
9.4%
Cap rate
5.4%
Rent gap
42.8%
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 |
|---|---|---|---|---|---|
| 49861 | $124,400county est. | $973 | 9.4% | 5.4% | 42.8% |
| 49908 | $161,702 | $973 | 7.2% | 4.1% | 42.8% |
| 49919 | $124,400county est. | $973 | 9.4% | 5.4% | 42.8% |
| 49946 | $162,805 | $973 | 7.2% | 4.1% | 42.8% |
| 49962 | $124,400county est. | $973 | 9.4% | 5.4% | 42.8% |
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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