Michigan

Benzie County

ZIP 49650

18,177 residents130 permits TTM$72,603 median HHI8 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$254,400

ACS 5-Year

Cap rate proxy

4.6%

FMR × 0.65 ÷ Home Value

Rent-to-income

16.1%

HUD FMR ÷ ACS HHI

Net migration

+1.73%

IRS SOI

Permits (TTM)

130

Census BPS

Climate risk

22.7

FEMA NRI (0–100)

ZIP 49650

Median home value

Gross yield

Buy Box score

0.3

Section 8 gap

Affordability

P/I: 5.3R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown8 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
496830.6
496160.6
496430.4
496500.3
496400.3
496170.2
496350.1
49628

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Demographics

Owner-occupied

87.8%

Census ACS

Vacancy rate

39.0%

Census ACS

Bachelor's degree +

34.3%

Census ACS

Rent burdened

34.9%

Census ACS (>30% income)

Median age

50.6

Census ACS

Data sources
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