Michigan

Clare County

31,109 residents25 permits TTM$49,805 median HHI5 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$117,400

ACS 5-Year

Cap rate proxy

7.6%

FMR × 0.65 ÷ Home Value

Rent-to-income

17.9%

HUD FMR ÷ ACS HHI

Net migration

+1.53%

IRS SOI

Permits (TTM)

25

Census BPS

Climate risk

47.5

FEMA NRI (0–100)

ZIP code breakdown5 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
48625$117,400$98610.1%0.9
48632$117,400$98610.1%0.7
48622$117,400$98610.1%0.6
48617$117,400$98610.1%0.5
48633$117,400$98610.1%

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Demographics

Owner-occupied

86.2%

Census ACS

Vacancy rate

44.7%

Census ACS

Bachelor's degree +

13.0%

Census ACS

Rent burdened

40.7%

Census ACS (>30% income)

Median age

48.3

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