Michigan
Chippewa County
ZIP 49768
36,448 residents77 permits TTM$60,631 median HHI16 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$153,100
ACS 5-Year
Cap rate proxy
6.2%
FMR × 0.65 ÷ Home Value
Rent-to-income
15.7%
HUD FMR ÷ ACS HHI
Net migration
+0.36%
IRS SOI
Permits (TTM)
77
Census BPS
Climate risk
26.3
FEMA NRI (0–100)
ZIP 49768
Median home value
—
Gross yield
—
Cap rate
6.2%
Rent gap
—
Affordability
P/I: 3.3R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown16 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 49788 | — | — | — | 9.6% | — |
| 49728 | — | — | — | 6.2% | — |
| 49748 | — | — | — | 6.2% | — |
| 49752 | — | — | — | 6.2% | — |
| 49784 | — | — | — | 6.2% | — |
Ranked by composite score
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Demographics
Owner-occupied
73.7%
Census ACS
Vacancy rate
31.8%
Census ACS
Bachelor's degree +
21.9%
Census ACS
Rent burdened
40.8%
Census ACS (>30% income)
Median age
41.3
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